VANCOUVER, Jan. 27, 2012 /CNW/ - Run of River Power Inc. ("ROR Power" or
"the Company") (TSX-V:ROR) announced today that it has granted 400,000
stock options to President and CEO Richard Hopp. The stock options are
exercisable at $0.20 per share and expire on August 6, 2015. The
granting of these stock options was part of Mr. Hopp's original
compensation package when he joined ROR in 2010 and is now being
About Run of River Power Inc.
ROR Power develops renewable, sustainable energy through its portfolio
of clean energy projects. The company helps diversify BC's energy mix
by providing a cleaner way to generate power and increasing the
security of BC's energy supply. ROR Power operates an Eco Logo©
certified hydroelectric power generation station at Brandywine Creek,
near Whistler, BC that provides green power for about 4,000 homes. The
company is well positioned for profitable growth through power
generation initiatives that include its 25 MW Skookum Power Project,
awarded an Electricity Purchase Agreement by BC Hydro in 2010. ROR
Power's total development potential is approximately 600 MW.
Statements in this release which describe Run of River Power Inc.'s
intentions, expectations or predictions, or which relate to matters
that are not historical facts are forward-looking statements. These
forward-looking statements involve unknown risks and uncertainties
which may cause the actual results, performances or achievements of Run
of River Power Inc. to be materially different from any future results,
performances or achievements expressed in or implied by such
forward-looking statements. Run of River Power Inc. may update or
revise any forward-looking statements, whether as a result of new
information, future events or changing market and business conditions
and will update such forward-looking statements as required pursuant to
applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE Run of River Power Inc.
For further information:
Richard W. Hopp
President and CEO