MEDIA ADVISORY: Wataynikaneyap Power to Announce Additional First Nations Participation and Key Project Milestone on Transmission Project

THUNDER BAY, ONTARIO--(Marketwired - March 12, 2015) -

WHAT: A press conference recognizing an additional two First Nation communities joining the Wataynikaneyap Power Transmission Project and approval of the Environmental Assessment Amended Terms of Reference

Wataynikaneyap Power is a First Nations-led transmission company with the objective of connecting Northern Ontario's remote First Nations communities, currently serviced by diesel generation. Wataynikaneyap is unprecedented in that 20 First Nations have come together to own and benefit from development of critical infrastructure in their homelands.

About Wataynikaneyap Power:

Wataynikaneyap Power is a First Nation-led transmission company, in partnership with Goldcorp, aiming to design, permit, construct, own, and operate a new transmission line in Northwestern Ontario that will bring grid-connection to remote First Nation communities currently powered by diesel generation. The project has been identified as a priority in Ontario's 2013 Long Term Energy Plan. Continued use of diesel generation to power First Nations communities is financially unsustainable, environmentally risky, and inadequate to meet the needs of the community.

Wataynikaneyap Power will partner with an experienced transmission company to realize the development and operation of the project. However, in the long run, the 20 First Nations expect 100% ownership of the project.