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ROR Power Appoints William Hardwick Interim President and CEO
Vancouver, BC - June 2, 2010 Run of River Power Inc. (ROR Power or the Company) (TSX-V: ROR) today announced it has appointed William Hardwick, P. Eng. as interim President and CEO.
Mr. Hardwick brings to ROR Power a broad range of operating management experience, including the pulp and paper industry and the Alberta oil sands. In addition, Mr. Hardwick has extensive experience in transformational leadership, working with individuals and teams in organizational development.
Mr. Hardwicks mandate as interim CEO will be to assist in the search for a permanent CEO, while guiding the Companys strategic planning. His unique combination of relevant industry experience and expertise in human resources make him the ideal candidate to lead the Company through this transitional period.
The Board of Directors thanks Jako Krushnisky for his contributions to the Company as the founding President and CEO. His energy and dedication have been important contributors to the Companys development.
Information Contact:
Vick Dusik
Chief Financial Officer
Tel: (604) 946-9232
vsdusik@runofriverpower.com
About Run of River Power Inc.
Run Of River Power Inc. (ROR Power) develops renewable, sustainable energy through its portfolio of run-of-river and biomass projects in British Columbia. The Company operates an Eco Logo certified hydroelectric power generation station at Brandywine Creek, near Whistler, BC that generates cash flow under a 20-year contract with BC Hydro. ROR Power is well positioned for profitable growth through power generation initiatives that include its Mamquam Power Project, selected by BC Hydro for an Electricity Purchase Agreement. ROR Powers total development potential, in excess of 740 MW, represents a significant opportunity to help BC meet its rising demand for clean, sustainable power and achieve energy self sufficiency by 2016.
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 laws.
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 or accuracy of this release.