Run of River Power Inc. Receives Letter of Guarantee for Skookum Power Project Transmission Line
VANCOUVER, BC, July 10, 2012 /CNW/ - Following the Run of River Power Inc., ("ROR" or the "Company") (TSX-V: ROR) 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.
Richard W. Hopp
President and CEO
Tel: 604-946-9232
[email protected]
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