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


Stock Options Granted


VANCOUVER, BC -- June 7, 2006: Plutonic Power Corporation (PCC:TSXV) has granted 551,750 common share purchase stock options for a period of five years at a price of $1.65 to directors, officers, employees and consultants, under its current stock option plan.

On behalf of the Board of Directors
Donald McInnes, President

For additional information, please contact:
Lisa May
Investor Relations
Office: 604-669-4999 ext 1034
Cell: 604-314-3362

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

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