Horizon Wind, Inc. Statement on Lawsuit Against Thunder Bay

230

TORONTO – Here is the text of the media release issued by the wind company on October 19, 2010:

“On October 19, 2010, Horizon Legacy Energy Corporation, Horizon Wind Inc., Horizon Wind Limited Partnership, Big Thunder Wind Park Inc. and Big Thunder Wind Park Limited Partnership (collectively, “Horizon”) issued a Statement of Claim with The Corporation of the City of Thunder Bay named as the defendant at the Ontario Superior Court of Justice in Toronto, Ontario.

“The claim is for damages in the amount of $126,000,000 and other relief and is for breach of the Option Agreement between Horizon and The Corporation of the City of Thunder Bay.

“Horizon representatives will not be available for media questions at this time.”