Syntaris Power

News Release
Monday, July 12 2010

100% Flow Through Shares and Units with attached warrant attractive to renewable investors

Vancouver, British Columbia—Syntaris Power Corp. (“Syntaris”) is pleased to announce two new Offering Memorandums (OM) intended to raise up to $4 million dollars (Cdn) through private placement. The new OMs provide an excellent opportunity for interested individuals and corporations to enter the renewable energy market through two unique offerings:

Flow Through Share (FTS) Offering:
Share Price: $1.00
Number of Shares: 2 million ($2 million Cdn)
Initial offering date: June 23, 2010
Closing date: on or before December 31, 2010
Minimum subscription: $2500.00

Unit Offering 1 share + 1 warrant option:
Unit Price: $1.00
Warrant option price: $1.50
Number of Units: 2 million ($2 million Cdn)
Initial Offering date: June 23, 2010
Closing date: Unit purchase closing date is on or before December 31, 2010. Warrant option must be exercised on or before December 31, 2011.
Minimum subscription of $2500.00

Release of the new Offering Memorandum is well timed and comes on the heels of a number of positive announcements for British Columbia’s renewable energy industry. The provincial government recently implemented its Clean Energy Act which provides a number of key initiatives to ensure continued growth of the industry in BC. This includes an anticipated increase in energy purchase pricing, an increase in the size of projects allowed under BC Hydro’s Standing Offer program, and harmonization of federal and provincial regulations that affect renewable energy projects.

For more information about the Offering Memorandum contact:
James Ward, V.P. Investor Relations, 778-329-9629 ext. 207, jward@syntaris.com
Ric Wilson, Strategic Planning Consultant, 778-329-9629 ext. 225, rwilson@syntaris.com

About Syntaris Power Corp.
Syntaris Power Corp. is a Vancouver-based green energy company committed to sourcing, developing and operating clean, renewable hydroelectric projects in the Province of British Columbia. The Company’s impressive development portfolio, representing about 500 MW of potential projects, can provide socio-economic benefits to First Nations and local communities. Successful development of these projects would help British Columbia achieve its required goal of energy self-sufficiency by 2016 and create a legacy of clean, renewable power for future generations. For more information about Syntaris Power, visit the company website at www.syntaris.com

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Forward Looking Information: The information contained in this news release may contain forward looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Note: This is not legal or tax advice. Individual investor financial circumstances will vary. Independent advice should be sought on the suitability of these types of investments.

Culliton Creek will create jobs, long-term revenue for region

Vancouver, British Columbia—Syntaris Power Corp. is pleased to announce that the Calgary, Alberta-based utility Enmax has
exercised its option to acquire a 50% ownership position in the Culliton Creek Hydro Project.

Located about 20 kilometres north of Squamish, the 15 megawatt project received an energy purchase agreement in BC Hydro’s
Clean Power Call (CPC) in March. Culliton Creek was developed and submitted to the CPC in November 2008 in partnership
with HydroMax, the BC division of Enmax.

Upon completion, the Culliton Creek Project will generate an estimated 74 GWh of renewable electricity annually, which is
sufficient to power approximately 7,400 homes in an average year. The project is also expected to create an estimated 200
person-years of employment during its construction phase and will provide long-term revenue to government through payment
of annual taxes and other fees during its operation.

The Culliton Creek Hydro Project qualifies as clean or renewable energy in accordance with the guidelines published by the BC
Ministry of Energy, Mines and Petroleum Resources. For more information on the Project click here

About Syntaris Power Corp.
Syntaris Power Corp. is a Vancouver-based green energy company committed to sourcing, developing and operating clean, renewable
hydroelectric projects in the Province of British Columbia. The Company’s impressive development portfolio, representing about
500 MW of potential projects, can provide socio-economic benefits to First Nations and local communities. Successful development
of these projects would help British Columbia achieve its required goal of energy self-sufficiency by 2016 and create a legacy of
clean, renewable power for future generations. For more information about Syntaris Power, visit the company website at
www.syntaris.com

About Enmax
ENMAX Corporation (ENMAX) is an energy distribution, supply and service company and a wholly-owned subsidiary of The City
of Calgary, headquartered in Calgary, CANADA. ENMAX operates and competes in Alberta’s restructured electricity industry.
In 2009, the company had shareholder’s equity of $1.744 billion and net earnings of $205.9 million.

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Forward Looking Information: The information contained in this news release may contain forward looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Vancouver, British Columbia—Syntaris Power Corp. announced today that it will continue to advance development of its Kinskuch Hydro Project even though it was not accepted in the BC Hydro Clean Call for Power (CPC).

The 76 megawatt Kinskuch Hydro Project is located approximately 50 km east of Stewart and is situated near the proposed route of the Northwest Transmission Line. It was entered into the CPC on November 25, 2008 along with two other projects in partnership with HydroMax, the British Columbia division of the Alberta-based utility ENMAX. One of the projects, Culliton Creek (15MW), received an energy purchase agreement from BC Hydro in March.

“While we are disappointed with BC Hydro’s position on this matter, we are already reviewing our options,” says Syntaris Power’s President and CEO Robert Fraser. “We believe that because of its size, its power-on-demand capabilities and its proximity to the proposed Northwest Transmission Line, the Kinskuch Hydro Project can contribute to the success of the BC government’s Clean Energy Act by creating new jobs and stimulating economic development, specifically for rural communities in the Northwest region of the province,” he adds.

The new Clean Energy Act (Bill 17) sets out sixteen specific energy objectives meant to strengthen the province’s legislated goal of electricity self-sufficiency by 2016. It plans to harness B.C.’s clean energy potential to enable economic growth, create new jobs across the province, and provide opportunities for First Nations to create investment and jobs in renewable power production. It also intends to secure long-term export power sales to other jurisdictions. To do this, the government plans on partnering with renewable power producers in British Columbia.

Upon completion, the Kinskuch Hydro Project would generate an estimated total of 270 GWh of “on-demand” renewable electricity, create approximately 300 person years of employment during the construction of the project, drive economic growth throughout the region and provide significant long-term revenue to government through ongoing taxes and other operating fees during the life of the contract.

The project is currently in the midst of the Environmental Assessment process with the provincial government and the company having conducted fish, hydrological, LIDAR and preliminary geotechnical studies. “In the coming weeks we will meet with business and First Nations partners and local community groups to find new avenues to advance this excellent hydro storage project through the process,” says Fraser. “We will also meet with BC Hydro to determine what we need to do to satisfy its requirements,” he adds.

The Kinskuch Hydro Project qualifies as clean or renewable energy in accordance with the guidelines published by the BC Ministry of Energy, Mines and Petroleum Resources. For more information on the project, click here.

About Syntaris Power Corp.
Syntaris Power Corp. is a Vancouver-based green energy company committed to sourcing, developing and operating clean, renewable hydroelectric projects in the Province of British Columbia. The Company’s impressive development portfolio, representing about 500 MW of potential projects, can provide socio-economic benefits to First Nations and local communities. Successful development of these projects would help British Columbia achieve its required goal of energy self-sufficiency by 2016 and create a legacy of clean, renewable power for future generations. For more information about Syntaris Power, visit the company website at www.syntaris.com

Forward Looking Information: The information contained in this news release may contain forward looking statements. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Two run-of-river projects near Squamish have been awarded electricity purchase agreements in the second phase of B.C. Hydro’s call for clean power proposals.

The power authority announced on March 31 that it has awarded purchase contracts to run-of-river facilities on Culliton Creek and the Mamquam watershed. Both come in under 49 MW and thus neither requires an environmental assessment administered by the Environmental Assessment Office (EAO).

Alberta’s Enmax Corporation and Syntaris Power, a Vancouver-based green energy company, is promoting the Culliton Creek project. The run-of-river facility is to be located about 20 kilometres north of Squamish and generate a total capacity of 15 MW.

An intake at a high elevation will divert water from Culliton Creek into a penstock that leads to a single powerhouse. The water will then return to the creek upstream of the Highway 99 bridge crossing known locally as BOB.

Though it doesn’t have to undergo an environmental assessment mandated by the EAO, a spokeswoman for Syntaris said the company is working on a development plan submission that she said will be available for public review. The assessment for this project only requires it to go through the Integrated Land Management Bureau and the Ministry of Environment.

She went on to say that environmental studies begun in 1996 indicate that there are no fish present above the Culliton bridge. There are, however, numerous fish species, including salmon, downstream of the project and Syntaris has committed to restoring vegetation along the creek once construction is completed.

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