VANCOUVER,
Feb. 6, 2014 /PRNewswire/ -
Alternative Earth Resources Inc. ("Alternative Earth" or "the
Company") (TSX.V: AER) today announced that its Nevada operating subsidiary, Nevada Geothermal
Operating Company LLC, has turned over operations at the Faulkner 1
geothermal power plant at Blue
Mountain, Nevada to a new
operator designated by the project owner. This ends Alternative
Earth's involvement in the project effective February 1, 2014.
Alternative Earth holds leaseholds at four other
geothermal properties in the western United States and now directs full attention
to advancing its current project interests and assessing new
opportunities.
About Alternative Earth Resources Inc.:
Alternative Earth Resources Inc. is an experienced renewable energy
developer focusing on the development of CLEAN electrical power
from high temperature geothermal resources in the United States. The Company owns geothermal
leaseholds comprising the New Truckhaven property in Imperial
Valley, California; the
Pumpernickel and North Valley properties in northern Nevada; and a 50% interest in the Crump Geyser
property which it owns with Ormat Nevada Inc. in Lake County, Oregon. These properties, at
different stages of exploration and development, cover aggregate
inferred resources totaling approximately 200 MW.
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.
Alternative Earth Resources Inc.
Brian D. Fairbank, P. Eng. President
& CEO
http://www.alternative-earth.com
Telephone: 604-688-1553
Toll Free: 866-688-0808
Email:bfairbank@alternative-earth.com
Investor Inquiries:
Telephone: 604-688-1553
Toll Free: 866-688-0808
Email: info@alternative-earth.com
SOURCE Alternative Earth Resources Inc.