Sprott Power Announces Management Transition

TORONTO, Jan. 28, 2013 /CNW/ - Sprott Power Corp. (TSX:SPZ) announces that it 
has decided to transition to internal management by way of a notice of 
termination, effective July 31(st), 2013, of its contract with Sprott Power 
Consulting LP, the outsourced management firm on which it has been relying for 
management services. 
Sprott Power Corp. intends to work with Sprott Power Consulting LP to carry 
out the transition to a new management structure as provided in the existing 
Management Services Agreement. 
"We accomplished a great deal with external management, but to maximize 
shareholder value, it's time for this rapidly-maturing company to transition 
to a new management structure," said John Varghese of Sprott Power Corp.'s 
Board of Directors. 
The Corporation will continue the Strategic Review process it embarked upon 
earlier this month. 
About Sprott Power Corp.
SPC is a Canadian based company dedicated to the development and financing of 
renewable energy projects. Through acquisitions, partnerships and joint 
ventures, SPC seeks to provide its shareholders with exposure to the power 
generation sector. For more information on SPC, please visit 
Forward-Looking Statements
Certain information contained in this press release may constitute 
"forward-looking information" which reflects the current expectations of 
Sprott Power including its ability to complete its co-development agreements 
and the development of its projects, to effect a smooth transition from 
outsourced management to in-house management, and to carry out the strategic 
review process. This information reflects Sprott Power's current beliefs with 
respect to future events and is based on information currently available to 
management. Forward-looking information involves significant known and unknown 
risks, uncertainties and assumptions. Many factors could cause actual results, 
performance or achievements to be materially different from any future 
results, performance or achievements that may be expressed or implied by such 
forward-looking information including, without limitation, the risks listed 
under the heading "Risk Factors" in the Company's Annual Information Form 
dated March 26, 2012. Should one or more of these risks or uncertainties 
materialize, or should assumptions underlying the forward-looking information 
prove incorrect, actual results, performance or achievements could vary 
materially from those expressed or implied by the forward-looking information 
contained in this release. Although forward-looking information contained in 
this release is based upon what Sprott Power believes to be reasonable 
assumptions, management cannot assure investors that actual results, 
performance or achievements will be consistent with this forward-looking 
information. The forward-looking information is made as of the date of this 
release and Sprott Power does not assume any obligation to update or revise it 
to reflect new events or circumstances, except as required by law. 
John Varghese Chairman of the Board of Directors Sprott Power Corp. O: 
416-681-6371 C: 416-706-2312 johnv@jvpl.ca 
SOURCE: Sprott Power Corp. 
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CO: Sprott Power Corp.
ST: Ontario
-0- Jan/29/2013 03:31 GMT
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