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November 4, 2009

New wind turbine project underway for Tiverton, Ontario

MONTREAL

Canada’s only original equipment manufacturer of wind turbines of 1 megawatt and more, has signed a letter of intent with Leader Resources Services Inc. for the delivery of a 1.65 MW wind turbine in Tiverton, Ontario.

This $3.3 million partial turnkey contract is subject to AAER completing its financing for the project on or before July 31, 2010.

The Tiverton turbine will be a test wind turbine for Leader, which is currently involved in developing a number of wind projects in several Ontario municipalities. This initiative is headed by Charles Edey, a wind energy pioneer in Ontario.

The Tiverton turbine will be submitted for a Power Purchase Feed-In Tariff contract under the Green Energy and Green Economy Act as an early launch project.

Leader has successfully developed several energy projects, the largest being a 200-MW wind farm just north of Kincardine, Ontario, along the shore of Lake Huron, which is now owned and operated by Enbridge. Presently, Leader is involved in developing several other small and large scale wind projects in the Municipalities of Central Huron, Kincardine, Arran-Elderslie, and Norfolk County.

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