SLIDE 1
1 Tonbridge Power Inc. The Waterpark Place 20 Bay Street, 11th Floor Toronto, ON t: 416.850.2150 f: 416.850.1985 www.tonbridgepower.com
Roadshow Presentation
April 2010
2
Disclaimer
This presentation and the preliminary prospectus, including the documents incorporated therein by reference (the “Prospectus”) filed by Tonbridge Power Inc. (the “Corporation”) dated December 11, 2009, contain forward-looking information under Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to the completion of the development and construction by the Corporation of the Tonbridge Power Line and the timetable, costs and financing of the Tonbridge Power Line, demand for transmission capacity, supply of transmission capacity, the benefits of the Tonbridge Power Line and any future projects, including Project 2 (as defined in this presentation), currency fluctuations, requirements for additional capital, and government regulation of transmission operations, including the auctioning of capacity and the permitting required for the Tonbridge Power Line and future projects, including Project 2. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is based on the
- pinions and estimates of management as of the date such statements are made and is based on a number of assumptions and subject to a variety of risks and
uncertainties and other factors that could case actual events to differ materially from those projected in the forward-looking information. Many of these assumptions are based on factors and events that are not within the control of the Corporation and there is no assurance that they will prove to be correct. Estimates with respect to the timetable for and completion of the Tonbridge Power Line and any future projects, including Project 2, required government and regulatory approvals for the Tonbridge Power Line and any future projects, including Project 2, the ability to generate revenue, the thermal capacity of the Tonbridge Power Line, the ability to exploit certain operating margins, the reorganization of the electricity industry, future interest rates, capital resources available, the availability of credit-worthy electrical shippers, the use of certain technologies and materials and annual impairment tests, are based on such things as research by the Corporation of capital and
- perating costs, contracts signed by the Corporation to date, recent estimates of construction and costs, construction estimates and schedules which have been
developed by the Corporation’s personnel and independent consultants and reports from counterparties and electrical shippers. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the headings “Risk Factors”in the Company’s Prospectus, the Annual Information Form dated April 27, 2009 and the MD&A, all of which are available under the profile of the Company on SEDAR, and elsewhere in documents filed fromtime to time with the Canadian provincial securities regulators. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking information, including but not limited to risks related to judicial proceedings, land assembly, technology and materials, wind firming, capital resources, revenue, operating margins, litigation risk, restructuring of electrical industry, competition, annual impairment tests, labour relations, insurance, damage from weather and other disasters, operating and maintenance risks, environmental risks, hazards of high-voltage electricity transmission, counterparty and credit risk, financing arrangements, and other risks relating to the Offering. Although management of the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Corporation does not undertake to update any forward-looking information, except in accordance with applicable securities laws.