Mackenzie bioenergy encounters electrical issues

October 14, 2014, Mackenzie, B.C. – The commercial 0peration
of the Mackenzie bioenergy project has been put on hold after electrical issues
appeared during the 72-hour run test.

The test commenced on October 11^th, and performed
well through the first 24 hours. However, Conifex Power Limited Partnership (CPLP)
subsequently halted the test prior to completion as a result of a failure of
certain newly installed electrical equipment.

Conifex is currently working with its contractors and equipment
suppliers to remediate the matter and will re-schedule the 72 hour test as soon
as appropriate thereafter.