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Press release from CNW Group

Filing of Revised Annual Information Form of Sprott Power Corp.

Wednesday, April 03, 2013

Filing of Revised Annual Information Form of Sprott Power Corp.

17:48 EDT Wednesday, April 03, 2013

TORONTO, April 3, 2013 /CNW/ - Sprott Power Corp. (TSX: SPZ) ("Sprott Power" or "the Company"), an owner, operator and developer of renewable energy projects, on April 2, 2013 filed on SEDAR a revised annual information form for the year ended December 31, 2012 (the "Revised AIF").

The Revised AIF included clarifications on pages 31 and 32 to the discussion of the Audit Committee.  In the section under the heading "Audit Committee - Composition of the Audit Committee", certain dates referred to therein were amended, the composition of the Special Committee was clarified and other clerical changes were made.  The reference in the section under the heading "Audit Committee - External Audit Service Fees" was amended from "Tax advisory fees" to refer to "Tax fees".

Other than as expressly set forth above, the Revised AIF does not, and does not purport to, update or restate the information in the Annual Information Form of the Company dated March 28, 2013 or reflect any events that have occurred after the original filing.

About Sprott Power Corp.

Sprott Power is a publicly-traded (TSX: SPZ) Canadian-based company dedicated to the development, ownership and operation of renewable energy projects. Through project development efforts, acquisitions, partnerships and joint ventures, Sprott Power 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" which reflects the current expectations of Sprott Power. 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 28, 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 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.

SOURCE: Sprott Power Corp.

For further information:

Jeff Jenner, CA, CBV
President and Chief Executive Officer
Sprott Power Corp.
416-943-6387
jjenner@sprottpower.com

Ross Marshall
Investor Relations
(416) 815 0700 ext. 238
rmarshall@tmxequicom.com

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