Welcome To The Run of River Power Inc HUB On AGORACOM

Edit this title from the Fast Facts Section

Message: NR Re: Private Placement

NR Re: Private Placement

posted on Jan 05, 2010 08:59PM

News Release

	    VANCOUVER, Jan. 5, 2010 /CNW/ - Peter Zell, a director of Run of River
Power Inc. (the "Company") (TSX-V:ROR), today announced he has acquired
3,947,000 common shares (the "Shares") of the Company pursuant to a private
placement (the "Private Placement"). The shares were acquired at a purchase
price of $0.19 per Share, representing an aggregate purchase price of
	    Following the Private Placement, Mr. Zell controls 8,518,000 Shares,
representing 9.7% of the issued and outstanding common shares of the Company.
Assuming the exercise of previously held common share purchase warrants, Mr.
Zell would own 9,993,500 Shares, or 11.1% of the issued and outstanding Shares
of the Company.
	    The Shares were acquired by Mr. Zell for investment purposes. Depending
upon market conditions and other factors that Mr. Zell may deem material to
his investment decisions, additional shares may be purchased in the open
market or in private transactions.

	    /For further information: concerning the foregoing or a copy of the Early
Warning Report filed to SEDAR today, please contact: Peter Zell, Director, Run
of River Power Inc., Tel: (604) 946-9232/
New Message
Please login to post a reply