Run of River Power Inc.
TSX VENTURE : ROR

Run of River Power Inc.

February 23, 2008 21:13 ET

Run of River Grants Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES

Run of River Power Inc. (TSX VENTURE:ROR) ("Run of River" or the "Company"), reported on February 15, that in accordance with its approved stock option plan, it granted 450,000 options to various directors and employees of Run of River. As a matter of correction the Company issued 550,000 options to various directors and employees of Run of River. The options are exercisable at $0.41 per share and are for a term of five years.

Run of River 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.

The Company is currently developing hydroelectric projects in two clusters located near Vancouver, British Columbia. Ten development projects, totaling 213 MW of capacity, will generate over 692 GWh/yr of electricity offsetting over 249,000 tons of CO2 annually, when completed, and will provide in excess of $60 Million per year in gross revenue to ROR, while significantly contributing to the Province of British Columbia's goal of energy self sufficiency.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.

Contact Information

  • Run of River Power Inc.
    R.G. ("Jako") Krushnisky
    (604) 946 9232
    or
    Run of River Power Inc.
    David Speck
    Investor Relations
    (416) 801-8369