Business & Finance
Business and Finance
Business and Finance
Mon, August 3, 2009
Sun, August 2, 2009
Fri, July 31, 2009 Nevada Geothermal Power Inc.: Nevada Geothermal Power Inc. Announces Richard Campbell Stepping Down as Director of NGP
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2009) - Nevada Geothermal Power Inc. (NGP) (TSX VENTURE:NGP)(OTCBB:NGLPF) today announced that Director Richard Campbell has resigned effective immediately. In his recent move to a new position as VP of Engineering Technology with CH2M Hill, he is no longer able to serve as a board member.
"The Board of Directors accepts Mr. Campbell's resignation with sincere appreciation for his strong contributions over the past four years. We wish him the greatest of success in his endeavors," stated Brian Fairbank, President & CEO, Nevada Geothermal Power Inc.
About Nevada Geothermal Power Inc.:
Nevada Geothermal Power Inc. is an emerging renewable energy 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, and Black Warrior (all of which are ideally situated in Nevada), and Crump Geyser in Oregon. These properties, which are at different levels of exploration and development, are estimated to have the potential for the generation of over 200 MW.
NGP's phase 1 development at Blue Mountain; 'Faulkner 1' nameplate 49.5 MW gross power project is targeted to be Turning on the Power in October 2009.
Nevada Geothermal Power Inc.
Brian D. Fairbank, P. Eng., President & CEO
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
