Western Biomass, Tsilhqot'in National Government sign definitive agreement

    VANCOUVER, June 10 /CNW/ - Run of River Power Inc. (TSXV: ROR) ("Run of
River") is pleased to announce that its wholly owned subsidiary Western
Biomass Power Corp ("Western Biomass") has signed a definitive agreement
("Shareholder Agreement") with the Tsilhqot'in National Government ("TNG"),
(Collectively the "Parties"), to form the Tsilhqot'in Power Corporation
    Western Biomass, working together with the TNG, have completed a detailed
engineering study as well as a fiber supply analysis for their proposed 50 MW
Tsilhqot'in Power Project, located approximately 70 kilometers west of
Williams Lake.
    TCP submitted details of its proposal to BC Hydro's Phase 1, Bio Energy
Call for Power today - a short list of proposals is expected in early July
followed by contract awards mid October. In the event that TCP is awarded an
EPA, construction could start in early 2010. The plant would be capable of
generating approximately 420,000 megawatt hours of firm energy - electricity
to supply approximately 42,000 homes. Western Biomass expects to submit
further proposals to the second phase of BC Hydro's Phase 2, Bio Energy Call
for Power expected in October of this year.
    Jako Krushnisky, President of Run of River Power stated, "Working
together, Western Biomass and the TNG have demonstrated a unique and healthy
collaboration, that has resulted in the signing of this agreement, and has
moved the parties closer to their goal of bringing this project to fruition."

    About Run of River Power Inc.

    Run of River is a British Columbia corporation, committed to
economically, environmentally and socially responsible energy solutions. The
corporation operates an Eco Logo(C) certified hydroelectric power generation
station at Brandywine Creek, near Whistler, BC and sells the power to BC Hydro
on a long-term 20 year contract.
    Run of River is currently developing hydroelectric projects located in
several clusters, totaling over 430 MW of capacity as well as two biomass
projects totaling 80 MW of base load capacity. With over 500 MW of renewable
energy at various stages of development, the corporation is positioned to
provide green, renewable electricity to over 200,000 British Columbia homes,
while meeting the province's goals of energy self sufficiency and greenhouse
gas reduction.

    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. The TSX Venture Exchange has not reviewed and does
not accept responsibility for the adequacy or accuracy of this press release.

    %SEDAR: 00013735E

For further information:

For further information: Jako Krushnisky, President & CEO or Vick Dusik,
CFO, (604) 946-9232

Organization Profile

Run of River Power Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890