U.S. Geothermal Inc. Announces Annual General Meeting
May 06 2014 - 8:00AM
Marketwired
U.S. Geothermal Inc. Announces Annual General Meeting
BOISE, IDAHO--(Marketwired - May 6, 2014) - U.S. Geothermal Inc.
(NYSEMKT:HTM)(TSX:GTH) (the "Company") is pleased to announce that
its 2014 Annual General Meeting of stockholders will be held on
Monday, July 14, 2014 at 10:00am MDT at the U.S. Geothermal
Corporate Office, 390 E Parkcenter Blvd, Suite 250, Boise, Idaho
83706.
Items of Business to be
conducted at the meeting include:
- The election of all five directors, each for a one-year
term.
- The ratification of the selection of Martinelli Mick, PLLC as
our independent auditor for the fiscal year ending December 31,
2014.
- Any other business that may properly be considered at the
meeting or any adjournment of the meeting.
You may vote at the meeting if
you were a shareholder of record at the close of business on May
15, 2014.
If you cannot attend the
annual meeting in person, you may vote your shares by telephone or
internet by no later than 1:00 a.m. Central time on July 13, 2014
(as directed on the enclosed proxy card), or by completing, signing
and promptly returning the enclosed proxy card by mail. We
encourage you to vote by telephone or internet in order to reduce
our mailing and handling expenses. If you choose to submit your
proxy by mail, we will enclose an envelope for your use, which is
prepaid if mailed in the United States.
The Proxy Statement and Annual
Report to Security holders will be available at
http://www.usgeothermal.com on June 2, 2014.
The Company had filed a Form
9A - Request for Extension for Financial Reporting/Annual Meeting
on April 16, 2014 with the Toronto Stock Exchange ("TSX"). The TSX
has confirmed that it does not object to the Company holding its
next AGM on or before July 14, 2014.
Please visit our Website at: http://www.usgeothermal.com
About U.S. Geothermal Inc.:
U.S. Geothermal Inc. is a leading renewable energy company
focused on the development, production and sale of electricity from
geothermal energy and is operating geothermal power projects at
Neal Hot Springs, Oregon, San Emidio, Nevada and Raft River, Idaho.
In addition to the newly acquired Geysers development project, the
company is currently developing a second phase project at San
Emidio Nevada, as well as developing the El Ceibillo geothermal
prospect located within a 24,710 acre (100sq km) energy rights
concession area in Guatemala, located 8.5 miles (14 km) from
Guatemala City, the largest city in Central America.
The information provided in this news release may contain
forward-looking statements within the definition of the Safe Harbor
provisions of the US Private Securities Litigation Reform Act of
1995. Readers are cautioned to review the risk factors identified
by the company in its filings with US and Canadian securities
agencies. All statements, other than statements of historical fact,
included herein, without limitation, statements relating to the
future operating or financial performance of U.S. Geothermal, are
forward-looking statements. Forward-looking statements are
frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "intends", "estimates", "potential",
"possible", and similar expressions, or statements that events,
conditions, or results "will", "may", "could", or "should" occur or
be achieved. These forward-looking statements may include
statements regarding perceived merit of properties; interpretation
of the results of well tests; project development; resource
megawatt capacity; capital expenditures; timelines; strategic
plans; or other statements that are not statements of fact.
Forward-looking statements involve various risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from
U.S. Geothermal's expectations include the uncertainties involving
the availability of financing in the debt and capital markets;
uncertainties involved in the interpretation of results of well
tests; the need for cooperation of government agencies in the
development and operation of properties; the need to obtain permits
and governmental approvals; risks of construction; unexpected cost
increases, which could include significant increases in estimated
capital and operating costs; and other risks and uncertainties
disclosed in U.S. Geothermal's Annual Report on Form 10-K for the
year ended December 31, 2013 filed with the United States
Securities and Exchange Commission and Canadian securities
regulatory authorities and in other U.S. Geothermal reports and
documents filed with applicable securities regulatory authorities
from time to time. Forward-looking statements are based on
management's expectations, beliefs and opinions on the date the
statements are made. U.S. Geothermal Inc. assumes no obligation to
update forward-looking statements if management's expectations,
beliefs, or opinions, or other factors, should change.
The NYSEMKT and the TSX do not accept responsibility for the
adequacy of this release.
U.S. Geothermal Inc.Saf DhillonInvestor
Relations866-687-7059208-424-1030saf@usgeothermal.comwww.usgeothermal.com
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