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Renewable Energy Developers Announces Results of 2013 Meeting of Shareholders

Renewable Energy Developers Announces Results of 2013 Meeting of Shareholders 
TORONTO, June 26, 2013 /CNW/ - Sprott Power Corp. (TSX: SPZ) (the "Company") 
held its annual and special meeting (the "Meeting") today in Toronto, Ontario, 
at which the shareholders approved the name change to Renewable Energy 
Developers Inc ("ReD"). On or about July 2, 2013, the common shares and 
convertible unsecured subordinated debentures of the Company will begin 
trading on the Toronto Stock Exchange under the new symbols "RDZ" and "RDZ.DB". 
All other resolutions proposed in the Management Information Circular dated 
May 30, 2013 for the Meeting were approved. The results of the vote for the 
election of Directors were as follows: 
 __________________________________________________________________
|Director            |Vote type|Number of Votes|Percentage of Votes|
|____________________|_________|_______________|___________________|
|John Varghese       |      For|   19,340,651  |            87%    |
|                    | Withheld|    2,842,596  |            13%    |
|____________________|_________|_______________|___________________|
|Finn Greflund       |      For|   19,354,702  |            87%    |
|                    | Withheld|    2,828,545  |            13%    |
|____________________|_________|_______________|___________________|
|F. David Rounthwaite|      For|   19,330,557  |            87%    |
|                    | Withheld|    2,852,696  |            13%    |
|____________________|_________|_______________|___________________|
|David Kerr          |      For|   21,398,096  |            96%    |
|                    | Withheld|     785,151   |            4%     |
|____________________|_________|_______________|___________________|
|Uwe Roeper          |      For|   21,396,496  |            97%    |
|                    | Withheld|     786,751   |            3%     |
|____________________|_________|_______________|___________________| 
The shareholders reappointed Grant Thornton LLP, Chartered Accountants as 
auditors of the Company and approved the issuance of that number of common 
shares of the Company as is required for the previously announced buyout of 
the management services agreement between the Company and Sprott Power 
Consulting Limited Partnership. The formal report on voting results with 
respect to all matters voted upon at the Meeting will be filed on SEDAR at 
www.sedar.com. 
At the Meeting, the Chairman of the Company also confirmed that the strategic 
review process is ongoing. 
Renewable Energy Developers Inc. 
The Company is a publicly-traded Canadian-based company dedicated to the 
development, ownership and operation of renewable energy projects. Through 
project development efforts, acquisitions, partnerships and joint ventures, 
the Company provides its shareholders with income and growth from the 
renewable power generation sector of the energy industry. 
Forward-Looking Statements 
Certain information contained in this press release may constitute 
"forward-looking information", including, without limitation, statements 
relating to the date on which the Company expects to begin trading under new 
ticker symbols, the strategic review process, which reflect the current 
expectations of the Company. This information reflects the Company'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 Revised Annual 
Information Form dated April 2, 2013. 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 the 
Company 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 the Company does not assume any obligation 
to update or revise it to reflect new events or circumstances, except as 
required by law. 
Jeff Jenner, CA, CBV President and Chief Executive Officer Renewable Energy 
Developers Inc. 416-943-6387 jjenner@red-inc.ca  Ross Marshall Investor 
Relations (416) 815 0700 ext. 238 rmarshall@tmxequicom.com 
SOURCE: Sprott Power Corp. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/June2013/26/c3706.html 
CO: Renewable Energy Developers Inc.
ST: Ontario
NI: FIN  
-0- Jun/27/2013 00:00 GMT
 
 
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