PRESS RELEASE

Etrion Announces Update for Aguas Blancas Solar Project

January 7, 2014, Geneva, Switzerland - Etrion Corporation ("Etrion" or the "Company") (TSX: ETX / OMX: ETX), a

solar independent power producer, announces an update for its Aguas Blancas solar project in Chile.

The Aguas Blancas solar project is an 8.8 MW solar photovoltaic ("PV") park under development in the Antofagasta region of Chile. The project is owned 100% by Etrion and is expected to sell electricity to the Aguas Blancas iodine mine in northern Chile through a 15