Run of River Power Inc. (TSX-V: ROR) intends to close a non-brokered private placement of up to $5.1 million in convertible debentures in two tranches. The first tranche will involve a $1.6 million exchange of the company’s existing convertible debentures into new convertible debentures and the second tranche will be comprised of a private placement of up to $3.5 million [...]

Run of River Power Inc. (TSX-V: ROR) has closed its previously announced non-brokered private placement of 15,555,555 units at a price of $0.09 per unit to raise gross proceeds of $1.4 million. Each units consist of one common share and one-half of one warrant with each whole warrant exercisable for one common share for a period of 12 months from the closing date at an exercise [...]

Sprott Power Corp. (TSX: SPZ), an owner, operator and developer of renewable energy projects, has signed a non-binding letter of intent to sell its suite of hydro projects located in north western British Columbia, which includes the 30 megawatt Anyox Creek Hydroelectric Project and other nearby hydro development assets. Financial terms were not disclosed. Subject to the successful [...]

Synex International Inc. (TSX: SXI) today provided an update on the development of Barr Creek Hydro Project. Barr Creek Hydro Project, a 4.4 MW hydroelectric plant to be located near the Village of Tahsis on Vancouver Island, is being developed by The Barr Creek Limited Partnership (BCLP) and its general partner, Barr Creek Hydro Ltd. (BCHL).  BCLP and BCHL will own, construct [...]

Run of River Power Inc. (TSX-V: ROR) intends to close a non-brokered private placement of up to 16,666,667 units price at $0.09 per unit for gross proceeds of up to $1,500,000. Each unit consists of one common share and one-half of one warrant with each whole warrant exercisable for one common share for a period of 12 months from the closing date at an exercise price of $0.12. Real [...]

Run of River Power Inc. (TSX-V: ROR) has submitted a development plan for its 25 MW Skookum Power Project to BC’s Ministry of Natural Resource Operations. In May 2010, Run of River Power formally signed a 40-year electricity purchase agreement with BC Hydro. The plan is subject to review and adjudication by First Nations, relevant agencies, third parties, provincial statutory [...]