Tribute Resources Inc. Announces Purchase of Wind Options and Test Data Near Nanticoke, Ontario

Tribute Resources Inc. Announces Purchase of Wind Options and Test Data Near Nanticoke, Ontario

London, Ontario CANADA, June 22, 2009 /FSC/ - Tribute Resources Inc.  (TRB - TSX Venture), a developer of natural gas storage assets and renewable energy projects in Ontario, announced today that it has purchased wind options and wind test data on 3,850 acres of land near Nanticoke, Ontario. It is the intent of Tribute to combine this acreage with other wind options in which Tribute holds an interest in the area to build a 60 megawatt ("MW") wind project with a commissioning date in 2011.

Tribute has formed the Nanticoke Wind Limited Partnership ("Nanticoke LP") and Nanticoke Wind Corp. ("Nanticoke GP") as investment vehicles for the future development of the wind resource and has invested funds into the partnership for the acquisition of units. Tribute currently owns a 100% interest in both entities. Tribute's initial investment has been utilized for the purchase of the wind options, wind test data, two anemometers and the general costs associated with this transaction. The balance of the funds will be used for project development.  Additional funds required to develop the wind resource will be raised through a sale of partnership units in the Nanticoke LP to third parties.

The acquisition of this Nanticoke acreage, combined with the recently acquired Dover East Wind Limited Partnership ("Dover LP") acreage, gives Tribute an interest in sufficient acreage to construct a 60 MW wind project east of Port Dover to east of Nanticoke in Norfolk and Haldimand counties respectively.  Tribute currently holds a 33% interest in Dover LP, which holds wind options on a block of approximately 1,800 acres of contiguous onshore land east of Port Dover, Ontario near the shore of Lake Erie.  Tribute has the option to increase its interest in the Dover LP to 50 %. Tribute's management team is responsible for the development of both projects.  The combined 60 MW Dover/Nanticoke project will connect to the Hydro One Networks Inc. 230 KV transmission grid at a location near the Nanticoke coal plant.


About Tribute Resources Inc.:
Tribute is a Canadian energy company with a primary focus on adding value to shareholders by exploring for, developing and maintaining a long-term interest in market-based priced underground natural gas storage assets and renewable energy projects in the Province of Ontario. Tribute's objective is to build a company capable of delivering and sustaining long-term per share growth by developing energy projects that will generate stable long term cash flow when fully developed. Tribute's business plan is to build upon its current asset base to identify, permit, develop, and construct projects that meet its threshold return criteria. Tribute will created value by identifying project opportunities, providing the expertise to develop the projects and maintaining an interest in the completed assets to build long-term stable utility quality cash flow from a strong and diversified energy related asset base.

Tribute believes that it is well positioned to take advantage of opportunities in the ongoing restructuring of the energy markets in Ontario and North America. Tribute's three business units - Underground Natural Gas Storage, Oil and Gas Exploration, and Renewable Energy Development - are strategically aligned with the evolving energy market.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchanges) accepts responsibility for the adequacy or accuracy of this news release.

For further information on this press release please contact Jane Lowrie, President of Tribute at (519) 657-7624 or visit our website at www.tributeresources.com.



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Source: Tribute Resources Inc. (TSX-V: TRB) http://www.tributeresources.com
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