--  The formal submission of the project proposal, on November 24, 2008,
    into BC Hydro's Clean Power Call. The 396MW project will harness the
    power of the strong winds in Hecate Strait using up to 110 turbines
    installed several kilometres off the eastern shore of Haida Gwaii
    (formerly the Queen Charlotte Islands). The project will produce enough
    clean, renewable power to meet the electricity needs of 130,000 B.C.
    homes, and will also help the province meet its goals for the reduction
    of greenhouse gas emissions and electricity self-sufficiency. In
    addition to creating a wide variety of local jobs, the project will
    support economic development on Haida Gwaii and eliminate the islands'
    reliance on diesel generators for electricity. 

--  The signing of a limited partnership agreement, on January 29, 2009,
    between NaiKun Wind subsidiary NaiKun Wind Operating Inc. and the
    Council of the Haida Nation to create an equal partnership which will
    operate and maintain the project after construction. The comprehensive
    limited partnership agreement provides for extensive benefits to the
    Haida Nation, including a revenue stream from the partnership,
    environmental stewardship, and employment and economic development
    opportunities. The agreement formalizes the relationship between the
    Haida Nation and NaiKun Wind which has been ongoing since 2002, and
    builds on an earlier agreement signed by the two parties in May 2007. 

--  The acceptance, on May 20, by the British Columbia Environmental
    Assessment Office of NaiKun Wind's application for an Environmental
    Assessment Certificate, which led to the granting of a provincial
    Environmental Assessment Certificate on December 10, 2009. The issuance
    of the Certificate marks the culmination of over six years of extensive
    environmental studies, analysis and community consultation. The federal
    government's decision on the environmental assessment application is
    expected in early 2010. The Haida Nation has also undertaken an
    environmental assessment of the project. The NaiKun Wind project is one
    of only a handful of projects in the Clean Power Call to have been
    granted a provincial Environmental Assessment Certificate. 

--  The signing of a Memorandum of Understanding (MOU), on August 13, with
    the Haida Enterprise Corporation (HaiCo), acting on behalf of the Haida
    Nation. The MOU provides HaiCo with the opportunity to acquire up to 40
    per cent of the wind energy project. The acquisition is consistent with
    the original objective of bringing in a strategic equity partner that
    can contribute to the success of the project. The Haida Nation is
    currently evaluating the opportunity and seeking the support of the
    federal government for the proposed ownership position.