VANCOUVER, Sept. 30, 2013 /CNW/ - Run of River Power Inc.
(TSX-V: ROR) ("ROR Power" or "the Company") is pleased to announce
the appointment of Guy Heywood to
the Company's Board of Directors effective immediately.
Mr. Heywood has over 25 years of experience in finance including
senior lending roles with three major banks and experience on the
borrower side as a VP Finance and Treasurer for a large US public
company. Mr. Heywood is experienced in the valuation and financing
of power projects both as a consultant to BC Hydro and as CFO of a
start-up power company that focused on community power
projects.
"I am extremely pleased to welcome Guy to ROR's Board and I look
forward to the additional strategic vision and counsel he will
provide," said Richard Hopp,
President and CEO of ROR Power. "His background in finance and
power projects will provide us with keen insight on ways to
navigate the Company into the future."
ROR Power also announces the resignation of Tejinder Grewal from the Board. "On behalf
of ROR Power and the Board of Directors, I would like to
thank Mr. Grewal for his contributions and efforts while
serving as a director and wish him well in his future endeavors. We
are appreciative of his years of support and service to the
Company," remarked Richard Hopp,
President and CEO.
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.
www.runofriverpower.com
SOURCE Run of River Power Inc.