Business News • MarketWire • Sprott Power Corp. and First Asset PowerGen Fund Announce Completion of Merger

Sprott Power Corp. and First Asset PowerGen Fund Announce Completion of Merger

Sprott Power Corp. and First Asset PowerGen Fund Announce Completion of Merger

TORONTO, ONTARIO--(Marketwire - Feb. 1, 2011) - Sprott Power Corp. ("Sprott Power") and First Asset PowerGen Fund (TSX:PGT.UN) (the "Fund") today announced that the combination of Sprott Power and the Fund has been completed effective January 31, 2011 pursuant to the previously announced plan of arrangement (the "Arrangement"). The combined company will also be named "Sprott Power Corp." ("New Sprott Power").

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