Message #20 From:
TheMachine Date: August 5, 2008 07:40:51 AM
Geothermal Power Inc. (NGP) (TSX VENTURE:NGP)(OTCBB:NGLPF) announced that incentive stock options have been granted to a director of the Company to purchase 100,000 common shares of the Company at an exercise price of $1.02 per share for a term of 5 years
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2008) - Nevada
About Nevada Geothermal Power Inc.: Nevada Geothermal Power
Inc. is a renewable energy company developing geothermal projects in
the United States to provide electrical energy that is clean, efficient
and sustainable. NGP is committed to the geothermal industry and
currently owns a 100% leasehold interest in four properties: Blue
Mountain, Pumpernickel, Black Warrior, all located in Nevada and Crump
Geyser in Oregon. These properties are at different levels of
exploration and development. NGP estimates a potential of approximately
150 MW to over 200 MW from the current leaseholds.
This Press Release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. We have tried, whenever possible, to identify these
forward-looking statements using words such as "anticipates,"
"believes," "estimates," "expects," "plans," "intends," "potential,"
and similar expressions. These statements reflect our current belief
and are based upon currently available information. Accordingly, such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which could cause the Company's actual
results, performance or achievements to differ materially from those
expressed in or implied by such statements. We undertake no obligation
to update or advise in the event of any change, addition, or alteration
to the information catered in this Press Release including such
forward-looking statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
Nevada Geothermal Power Inc.
Shelley Kirk
Investor Inquiries
(604) 688-1553 X118 or Toll Free: 1-866-688-0808 X118
Website: www.nevadageothermal.com
Pro-Edge Consultants Inc.
Tracy Weslosky
Managing Partner
(416) 581-0177 or Toll Free: 1-866-544-9622
Pro-Edge Consultants Inc.
Fred Cowans
Managing Partner
(416) 581-0177 or Toll Free: 1-866-544-9622
