Run of River Power Inc. Receives Letter of Guarantee for Skookum Power Project Transmission Line
10 Julio 2012 - 7:00PM
PR Newswire (Canada)
VANCOUVER, BC, July 10, 2012 /CNW/ - Following the Run of River
Power Inc., ("ROR" or the "Company") News Release clarification of
June 29, 2012, the Company is now pleased to announce that it has
received a letter of guarantee of a tenure from the Ministry of
Forests, Lands and Natural Resources Operations (FLNRO). The
Ministry will be issuing Sea to Sky Power Corporation, a wholly
owned subsidiary of ROR, a Land Act tenure for transmission line
purposes for the Skookum Power Project. This will complete
the Land Tenure and Licence of Occupations requirements to
construct the Skookum Creek Power Project. 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. With a total development potential of
approximately 400 MW, the company is well positioned for profitable
growth. Forward-Looking Statements 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 law. 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 of accuracy of this release. Run of
River Power Inc. CONTACT: Richard W. HoppPresident and CEOTel:
604-946-9232rhopp@runofriverpower.com
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