TORONTO - The Red Rock First Nation (RRFN) and Ontario Power Generation (OPG) are pleased to announce the signing of a final settlement agreement that resolves past grievances from impacts of OPG operations in the Red Rock First Nation traditional territory and the formal delivery of an apology to the community by OPG for those impacts.

This establishes the foundation for a positive relationship going forward between the Red Rock First Nation and Ontario Power Generation. RRFN, together with other First Nations, and OPG have established a framework for a mutually beneficial commercial relationship for a potential hydro development. OPG's Executive Vice President Hydro, John Murphy stated: "This agreement redresses issues of the past and establishes the foundations for a positive relationship with the Red Rock First Nation.

OPG has a mandate to develop hydroelectric generation in the province and we are pleased to be moving forward together with RRFN to pursue additional renewable electricity for Ontario." Red Rock First Nation Chief Pierre Pelletier said "there are substantial hydroelectric opportunities in our homelands. This agreement recognizes the impacts of the past and looks forward to a more positive future. We believe the new agreement guarantees many business, employment, environmental provisions and financial benefits for our people."