VANCOUVER--(BUSINESS WIRE)--TSX Venture Exchange today announced that Nevada Geothermal Power
Inc. (NGP) (TSX.V: NGP, OTCBB: NGLPF) has been named as one of the
TSX Venture 50, a ranking of strong performers listed on TSX Venture
Exchange. TSX Venture 50 is comprised of 10 emerging companies in five
industry sectors that have been identified as leaders in Canada’s public
venture market.
“It is an honour to be named as part of this year’s TSX Venture 50”
“It is an honour to be named as part of this year’s TSX Venture 50,”
said Brian Fairbank, President & CEO, NGP. “Our listing on the TSX
Venture Exchange has provided us with the ideal environment to meet our
growth goals and objectives.”
The 2010 TSX Venture 50 were selected based on four equally weighted
criteria that include return on investment, trading, analyst coverage
and market capitalization growth in Cleantech, Diversified Industries,
Mining, Oil & Gas and Technology and Life Sciences sectors.
“We are pleased to celebrate the 2010 TSX Venture 50,” said John
McCoach, President, TSX Venture Exchange. “These outstanding companies
are proven leaders in their respective sectors and we are proud to have
them listed on TSX Venture Exchange. We wish them all continued success.”
About
Nevada Geothermal Power Inc.
Nevada Geothermal Power Inc. is an emerging renewable energy producer
and developer focused on producing clean, efficient and sustainable
geothermal electric power from high temperature geothermal resources, in
the United States. NGP currently owns a 100% leasehold interest in four
properties: Blue
Mountain, Pumpernickel,
Black
Warrior, all of which are ideally situated in Nevada, and Crump
Geyser, Oregon. These properties are at different levels of
exploration and development. NGP estimates a potential of 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
The information contained herein is for information purposes only and
is not an invitation to purchase securities listed on TSX Venture
Exchange and/or Toronto Stock Exchange. TMX Group Inc. and its
affiliates do not endorse or recommend any securities referenced. Neither
TMX Group Inc. nor its affiliated companies represents, warrants or
guarantees the accuracy or the completeness of the information. You
should not rely on the information contained herein for any trading,
business or financial purposes. TMX Group Inc. and its affiliates
assume no liability for any errors or inaccuracies herein or any use or
reliance upon this information.
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