Etrion announces new board director

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Etrion Corporation, a solar independent power producer, announces the appointment of Garrett Soden to the board of directors. Mr. Soden replaces John Craig who has resigned as a director.

Garrett Soden has experience across the natural resources sector in investment banking, government policy and public company management. He has worked with public companies associated with the Lundin family since 2007 and has extensive experience in the international capital markets, including mergers and acquisitions, debt and equity financings and restructurings. Mr. Soden is the Chairman of the Board and former Chief Executive Officer of RusForest AB. He holds a BSc honours degree from the London School of Economics and an MBA from Columbia Business School.

John Craig is a law partner at Cassels Brock & Blackwell LLP in Toronto and has served as an Etrion director since February 2008.

Ian Lundin, Etrion's Chairman, commented, "We thank John for his commitment to Etrion over the last six years, and we welcome Garrett to the Board. Garrett has worked successfully with several Lundin companies in the past. He will help us continue to create shareholder value."

Mr. Soden previously served as Chief Financial Officer of Etrion from December 2006 until March 2012. Effective November 7, 2013, he will serve in that capacity again on an interim basis during Cheryl Eversden’s maternity leave.