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Sprott Power Corp.

11:50 AM EST - Sprott Power Corp. : announced that it has entered into agreements under which it has advanced and/or assumed approximately $5 million in interest bearing secured loans. The loans are secured by portfolios of wind power development projects in Ontario and British Columbia with executed power purchase agreements totaling approximately 172 megawatts. It is Sprott Power's intention to co-develop some, or all, of these, and other, contracted projects held by the current owners. Sprott Power Corp. shares T.SPZ are trading unchanged at $0.93.