TONBRIDGE ANNOUNCES COMPLETION OF $15.5 MILLION PROSPECTUS OFFERING

Tonbridge Power Inc. has successfully completed its short form prospectus offering at a price of $2.15 per unit. The offering was conducted by a syndicate of agents led by Clarus Securities Inc. and including Macquarie Capital Markets Canada Ltd. and Dundee Securities Corp.

In connection with the completion of the offering, the Agents exercised their over-allotment option to increase the number of Units issued in the offering by 15%. As a result, a total of 7,222,000 Units were issued in the offering for aggregate gross proceeds of $15,527,300. Each Unit consists of one common share of Tonbridge (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at any time within 18 months after December 17, 2009 at a price of $2.60 per Common Share.

Brisco Capital Partners Corp.