VANCOUVER, BRITISH COLUMBIA (June 27, 2014) – Eclipsol Energy Inc. today announced it has established a working relationship through agreements with both the Soda Creek Indian Band and William’s Lake Indian Band for the investigation of developing three pumped storage hydro-electrical facilities on their traditional lands. 

"We are very pleased to have jointly taken this first step with our First Nation partners," said Robert Coelho, Eclipsol President and Chief Executive Officer.  "Very importantly, this achievement was reached to establish an effective bond for our team.  It is Eclipsol’s mandate to partner at the onset of developing these projects and proactively develop working relationships that establishes trust and mutually beneficial rapport."

On June 27, the agreements were signed and agreed to by all parties for the plan to develop the three pumped storage hydro-electrical facilities. Overall, progress for the facilities remains on track for declaration of commercial financial close by the end of 2016. 

 

About Eclipsol Energy

Eclipsol Energy Inc. is a privately held company, which is dedicated to harnessing energy using advanced technology that will facilitate the development, construction, and operation of sustainable and economically viable renewable power projects to meet the world’s ever increasing demand for power. Eclipsol will provide its clients with a quality power solution that positively impacts communities and the environment. 

Notice to Readers

This news release contains forward-looking statements regarding the Company, our corporate plans, future financial condition, future results of operations, future business plans and strategies.  All such forward-looking statements are based on our management’s assumptions and beliefs in light of information available to them at this time.

 

These forward-looking statements are, by their very nature, subject to significant risks and uncertainties, and actual results, performance or achievements may be materially different from those expressed in the forward-looking statements.  Factors that may cause actual results, performance or achievements to differ from expectations include, but are not limited to; ability to access sufficient capital from internal and external sources, regulatory changes, future levels of industry product supply, demand and pricing, customer adoption levels, wars and acts of terrorism, technical risks related to product design, development and production, acts of competitors and other changes to business conditions.  The Company undertakes no obligation to revise any such forward-looking statements to reflect any changes in the Company’s expectations with regard thereto or any change in circumstances or events after the date hereof.

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