Toronto Stock Exchange (Venture) Symbol: "WND"
Issued and Outstanding: 25,743,080
COQUITLAM, BC, June 10 /CNW/ - Western Wind Energy Corporation is pleased
to announce that Western Wind Energy and Pacific Hydro Limited have reached an
agreement in principle to settle all of the pending litigation and a
separating of ways between the parties, subject to final documents within the
next 30 days.
Western Wind Energy currently produces clean renewable electrical energy
from over 500 wind turbine generators located in Tehachapi (Windridge) and San
Gorgonio Pass (Palm Springs), California. Western Wind Energy's annualized
energy output is approximately 75 billion watt hours per year. During the past
two years, Western Wind Energy has executed or acquired over $1 billion of
power sales agreements totaling 169.4 megawatts from the sale of wind energy
electrical generation, to two separate utilities. Western Wind Energy was the
first to execute a "wind" PPA in the State of Arizona, and in California, is
expanding from management's 25-year continuous operating history in the
Western Wind Energy is in the business of acquiring exceptional land
sites, capital and technology for the production of electricity from wind
energy. Western Wind Energy conducts its operations through its wholly owned
subsidiaries in Arizona and California. Management of Western Wind Energy
includes individuals involved in the operations and ownership of utility scale
wind energy operations in California since 1981.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey J. Ciachurski
Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
Certain statements included herein are "forward-looking statements" as
defined by the Private Securities Litigation Reform Act of 1995. Management
cautions that forward-looking statements are not guarantees and that actual
results could differ materially from those expressed or implied in the
forward-looking statement. Important factors that could cause the actual
results of operations or financial condition of the Company to differ include,
but are not necessarily limited to, the risks and uncertainties discussed in
documents filed by the Company with the Securities and Exchange Commission.
For further information:
For further information: WESTERN WIND ENERGY CORP., 632 Foster Avenue,
Coquitlam, BC, V3J 2L7, Telephone: (604) 839-4192, Facsimile: (604) 939-1292,