Concord Pacific join forces on Skookum Power Project

Run of River Power Inc. together with its wholly-owned subsidiary, Sea to Sky Power Corporation (collectively “ROR Power” or “the Company”) (TSX-V:ROR) announced today that it has entered into agreements with certain subsidiaries in the Concord Pacific group of companies (collectively, “Concord”) to provide equity financing for ROR Power’s 25 MW Skookum Power Project (the “Project”). Until the Project obtains third-party project financing, the Concord financing will be provided by a convertible debenture of up to $3.0 million, which will be converted into equity in the Project upon closing of the third-party project financing transaction and satisfaction of other closing conditions (“Closing”).

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