Please note that Alterra is now an affiliate of Innergex Renewable Energy Inc. For more information, please visit


Warrant Extension


Plutonic has made an application to the TSX Venture Exchange to extend to November 30, 2004 the expiry date of 1,250,000 common share purchase warrants that were previously to have expired on November 30, 2003. The warrants will continue to be exercisable at a price of $0.25 until November 30, 2004.

For further information on the transaction contemplated herein call Donald McInnes at Plutonic Capital at 604-682-8414.

On behalf of the Board of Directors



Donald McInnes

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

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