Tonbridge Power Inc. Announces Filing of Preliminary Prospectus

//NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE
UNITED STATES//


Tonbridge Power Inc. (TSX VENTURE:TBZ) ("Tonbridge" or the "Company") is pleased
to announce that it has filed a preliminary short form prospectus in connection
with a marketed public offering of common shares of the Company (the "Offering")
in the provinces of Alberta, British Columbia, Ontario and Quebec. The best
efforts Offering is being conducted by a syndicate of agents led by Clarus
Securities Inc. and includes Macquarie Capital Markets Canada Ltd. and Dundee
Securities Corporation (collectively, the "Agents"). The Agents will receive an
over-allotment option, exercisable for a period of up to 30 days following the
closing of the Offering, to increase the number of common shares under the
Offering by up to 15% to cover over-allotments, if any, and for market
stabilization purposes.


Closing of the Offering is expected to occur on November 26, 2009 and is subject
to customary conditions and regulatory approvals, including the approval of the
TSX Venture Exchange. 


Tonbridge intends to use the net proceeds of the Offering for evaluating and
advancing a new transmission line in Southern Montana (known as the "Green Line
Project") and developing other potential power transmission projects in
accordance with its stated business objective of establishing, developing,
owning and operating power transmission projects and providing transmission line
service to electricity shippers in North America, and for working capital and
general corporate expenses. 


This news release does not constitute an offer to sell securities, nor is it a
solicitation of an offer to buy securities, in any jurisdiction. All sales will
be made through registered dealers in jurisdictions where the offering has been
qualified for distribution. The common shares offered have not been and will not
be registered under the United States Securities Act of 1933, as amended (the
"Securities Act"), and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act and applicable state securities laws.


The Company is the 100% controlling shareholder of Montana Alberta Tie Ltd.
("MATL"), which is developing a 300 MW, 230kV transmission line to interconnect
the electricity markets of Alberta and the US. Tonbridge is listed on the TSX
Venture Exchange and trades under the symbol "TBZ".


Forward Looking Information

This news release contains "forward-looking information", within the meaning of
applicable Canadian securities legislation, concerning the Offering, the
prospective Green Line Project and other power transmission projects and matters
related thereto. Forward-looking information includes, but is not limited to,
details on the closing of the Offering, management's assessment of the Company's
future plans and information with respect to the evaluation and advancing of the
Green Line Project and the development of new transmission power lines.
Generally, this forward-looking information can be identified by the use of
forward-looking terminology such as "proposed", "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "should", "would", "might" or "will be taken", "occur" or "be
achieved". Forward looking information is based on the opinions and estimates of
management at the date the information is made, and is based on a number of
assumptions and subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from
those projected in the forward-looking information. Many of these assumptions
are based on factors and events that are not within the control of the Company
and there is no assurance they will prove to be correct. Factors that could
cause actual results to vary materially from results anticipated by such
forward-looking information include, but are not limited to: risks related to
the outcome of the feasibility work on the Green Line Project, the ability of
the parties to the Green Line Project to enter into a development agreement if
the feasibility phase is successful, risks related to ability to develop,
finance and construct transmission lines, delays in obtaining governmental
approvals, permits or project financing, requirements for additional capital,
government regulation, environmental risks, general economic conditions,
industry conditions, as well as those factors discussed in the section entitled
"Risk Factors" in the Company's Annual Information Form for the year ended
December 31, 2008, its management's discussion & analysis for the period ended
June 30, 2009, and its preliminary prospectus dated November 10, 2009, all
available on www.sedar.com. 

Although the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information. Accordingly,
readers should not place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking information that is
included herein, except in accordance with applicable securities laws.


A preliminary prospectus containing important information relating to the common
shares being issued under the Offering has been filed with securities
commissions or similar authorities in certain jurisdictions of Canada. The
preliminary prospectus is still subject to completion or amendment. There will
not be any sale or any acceptance of an offer to buy the common shares until a
receipt for the final prospectus has been issued.