Standing Stone Two

CONFIDENTIAL OFFERING MEMORANDUM

No securities regulatory authority has assessed the merits of these securities or reviewed this Offering Memorandum.  Any representation to the contrary is an offense.  This is a risky investment.  See item 8.

The information disclosed on this page is a summary only.  Purchasers should read the entire Offering Memorandum for full details about the offering.

Dated:                                                    August 16, 2010

The Issuer:

Name:                                                    Standing Stone Redwater II Limited Partnership (the “Partnership”)                      

Head Office:       

Address:                                1920, 10020 – 101A Avenue

                                                Edmonton, Alberta

                                                T5J 3G2

                Phone Number:                    (780) 421-0058

                Fax Number:                        (780) 421-0069

                E-mail address:                    casey@standingstonedevelopments.com     

The Offering:

Securities Offered:                               Limited Partnership Class “A” Units (the “Units”).

Price Per Security:                                $1,000      

Minimum/Maximum Offering:        Minimum:  $1,500,000 (1,500 Units)

Maximum:  $2,400,000 (2,400 Units).

Minimum Subscription Amount:     Each subscriber will be required to purchase a minimum of 1 Unit for a minimum aggregate subscription price of $1,000.

Payment Terms:                                  Subscription funds are to be made payable to “Chamberlain Hutchison in trust” and are to be provided to the Corporation together with the completed subscription documents.

Proposed Closing Date:                      April 30, 2011.  The closing (or closings) may take place prior to or after this proposed closing date, as the Corporation determines.

Tax Consequences:                            There are important tax consequences to these securities.  See item 6.

Selling Agent:                                       The Partnership has not designated a selling agent, but will pay finder’s fees of up to 10% of the subscription amount to persons authorized by the Partnership to sell Units.  See Item 7.

Resale Restrictions:

You will be restricted from selling your securities for an indefinite period.  See Item 10.

Purchaser’s Rights:

You have 2 business days to cancel your agreement to purchase these securities.  If there is a misrepresentation in this Offering Memorandum, you have the right to sue either for damages or to cancel the agreement.  See Item 11

ITEM 1.          USE OF NET PROCEEDS<%2