EarthFirst Confirms Date For Submission of Final Bids & Announces That Bids Were Submitted To BC Hydro Clean Power Call

December 1, 2008
Calgary, AB

EarthFirst Canada Inc. (EarthFirst) (TSX:EF, EF.WT) announces in accordance with its formal review of the Company’s strategic alternatives which is being conducted by Blair Franklin Capital Partner’s Inc. with GMP Securities L.P., that the final bids are due on December 18, 2008. Bids should be submitted no later than 5:00 pm EST to Blair Franklin.

As previously disclosed, EarthFirst submitted three bids into the BC Clean Power Call on November 25, 2008. Bids were submitted for the 156 MW Dokie Expansion, the 62 MW Wartenbe and the 113 MW Sundance Projects.

The Dokie Expansion and Wartenbe Projects received environmental assessment certificates from the British Columbia Environmental Assessment Office in August and October 2006, respectively, and have also been issued License of Occupation tenures to the Project Crown Land by the province of British Columbia.

Certain statements included in this news release constitute "forward-looking information" within the meaning of applicable securities legislation including the timing and continuance of CCAA protection. Such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EarthFirst to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Specifically, some of the material risks include not being able to acquire required permits, delays in construction timing or turbine delivery, not being able to obtain financing and the uncertainty involved in the Court proceedings and the implementation of a Plan under the CCAA.

The forward-looking information contained in this news release represents the expectations of EarthFirst as at December 1, 2008, and, accordingly, is subject to change after such date. However, EarthFirst expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

For further information, please contact:

Brian Trypka
Chief Restructuring Officer
EarthFirst Canada Inc.
Tel: (403) 513-0780
Toll Free: 1 (877) 513-0777
E-mail: btrypka@earthfirstcanada.com

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[file] EFC-PR24_2008-11-27_Confirms Date for Submission of Bids and Bids Submitted BC Hyrdo1.pdfen109.97 KB