Sierra Geothermal Awarded Position in the 2010 TSX Venture 50
February 05 2010 - 1:15PM
Marketwired
The TSX Venture Exchange today announced that Sierra Geothermal
Power Corp. (TSX VENTURE: SRA) ("SGP") 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," said Gary Thompson, President and CEO. "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 Sierra Geothermal Power Corp.
Sierra Geothermal Power Corp. is a renewable energy company
focused on the exploration and development of clean, sustainable
geothermal power. It is based in Vancouver, British Columbia and
listed on the TSX Venture Exchange under the symbol SRA. Its
portfolio of geothermal projects located in Nevada and California
exceeds 365 square kilometres (90,000 acres) and has a combined
total estimated capacity of greater than 500 MW. SGP intends to
finance development by utilizing a combination of corporate equity,
joint venture partnerships and project debt, with the support of US
government grants and loan guarantees. To find out more about
Sierra Geothermal Power Corp. (TSX VENTURE: SRA) visit our website
at www.sierrageopower.com.
On behalf of the Board of Directors
Gary Thompson, P.Geo, President, Chief Executive Officer and
Director
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This press release contains forward-looking statements.
Forward-looking statements are projections of events, revenues,
income, future economic performance or management's plans and
objectives for future operations. In some cases you can identify
forward-looking statements by the use of terminology such as "may",
"should", "anticipates", "believes", "expects", "intends",
"forecasts", "plans", "future", "strategy", or words of similar
meaning. Forward-looking statements in this press release include a
statement about the Company's intent to finance the development of
its projects through a combination of corporate equity, joint
venture partnerships and project debt with the support of U.S.
government grants and loan guarantees. These statements are only
predictions and involve known and unknown risks, uncertainties and
other factors, including the risks inherent in our industry, the
challenging capital markets and other risks identified by us in our
periodic filings on SEDAR (which can be viewed at www.sedar.com).
Any of these risks could cause our or our industry's actual
results, levels of activity, performance or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by these
forward-looking statements.
While these forward-looking statements and any assumptions upon
which they are based are made in good faith and reflect our current
judgment regarding the direction of its business, actual results
will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions or other future performance
suggested in this press release. Except as required by applicable
law, including the securities laws of Canada, we do not intend to
update any of the forward-looking statements to conform these
statements to actual results.
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.
Neither 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.
Contacts: Sierra Geothermal Power Corp. Gary Thompson President
& CEO (604) 683-0332 or 1-800-563-5631 info@sierrageopower.com
Sierra Geothermal Power Corp. Anthony Srdanovic Investor Relations
(604) 642-6179 asrdanovic@sierrageopower.com
www.sierrageopower.com
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