Chart usGOLD   Chart usSILVER  
 
Food for thought
For the love of money is the root of all evil
Timothy 6:10  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1389.992.39
Silver 22.540.05
Platinum 1455.00-2.50
Palladium 736.701.70
WORLD MARKETS
DOWJONES 15295-6
NASDAQ 3459-4
NIKKEI 14612128
ASX 4964-77
CAC 40 398114
DAX 837018
HUI 2592
XAU 97-3
CURRENCIES (€)
AUS $ 1.3349
CAN $ 1.3367
US $ 1.2936
GBP (£) 0.8568
Sw Fr 1.2522
YEN 131.4080
CURRENCIES ($)
AUS $ 1.0319
CAN $ 1.0330
Euro 0.7730
GBP (£) 0.6623
Sw Fr 0.9678
YEN 101.5100
RATIOS & INDEXES
Gold / Silver61.67
Gold / Oil14.47
Dowjones / Gold11.00
COMMODITIES
Copper 3.29-0.01
WTI Oil 96.05-0.11
Nat. Gas 4.290.03
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Ram Power Receives Initial Equity Distribution From Its San Jacinto-Tizate Project
Published : July 26, 2012
( 0 vote, 0/5 ) Print article
     
Tweet
Keywords :   Canada | Polaris | Ram Power | Reliance |

RENO, NV--(Marketwire - July 26, 2012) - Ram Power, Corp. (TSX: RPG) ("Ram Power" or the "Company"), a renewable energy company focused on the development, production and sale of electricity from geothermal energy, is pleased to announce that it has received an initial equity distribution of approximately $1 million from the San Jacinto-Tizate geothermal power project (the "Project"). The Project, which began commercial operation of its Phase I 36 MW expansion in January 2012, has produced approximately 157,000 MWh.

Polaris Geothermal Inc.'s Vice President, Operations and COO, Latin America, Tono Rodriguez, stated, "The Phase I expansion continues to operate with better than average efficiency and availability, and we expect this trend to carry forward not only with Phase I, but also with the Phase II expansion scheduled for commercial operation in December 2012."

About Ram Power, Corp.

Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties, and has interest in geothermal projects in the United States, Canada, and Latin America. 

Cautionary Statement

This news release contains certain "forward-looking information" which may include, but is not limited to, statements with respect to future events or future performance, management's expectations regarding the Company's growth, results of operations, estimated future revenues, requirements for additional capital, revenue and production costs, future demand for and prices of electricity, business prospects and opportunities. In addition, statements relating to estimates of recoverable geothermal energy "reserves" or "resources" or energy generation are forward-looking information, as they involve implied assessment, based on certain estimates and assumptions, that the geothermal resources and reserves described can be profitably produced in the future. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "predicts," "intends," "targets," "aims," "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may," "could," "should," "would," "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current geothermal energy production, development and/or exploration activities and the accuracy of probability simulations prepared to predict prospective geothermal resources; changes in project parameters as plans continue to be refined; possible variations of production rates; failure of plant, equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the geothermal industry; political instability or insurrection or war; labor force availability and turnover; delays in obtaining governmental approvals or in the completion of development or construction activities or in the commencement of operations; as well as those factors discussed in the section entitled "Risk Factors" in the Company's Annual Information Form. These factors should be considered carefully and readers of this news release should not place undue reliance on forward-looking information.

Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, there can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Such forward-looking information is made as of the date of this news release and, other than as required by applicable securities laws, Ram Power assumes no obligation to update or revise such forward-looking information to reflect new events or circumstances.



Steven Scott
Director of Investor Relations
Ram Power, Corp.
Phone: 775-398-3711
Email: Email Contact
www.ram-power.com

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All
Tweet

Ram Power Corp.

CODE : RPG.TO
ISIN : CA7513081074
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Email Alert Add to Watchlist Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Ram Power Corp.
3/20/2013, Corp. Announces Anticipated Closing Date for Senior Debent...
3/2/2011. Announces Closing of $50 Million Credit Facility
Nominations of Ram Power Corp.
9/30/2011, Corp. Announces Selby F. Little as Acting Chief Financial ...
9/28/2011, Corp. Announces Shuman Moore as President and Chief Execut...
Financials of Ram Power Corp.
5/16/2013Announces 2013 First Quarter Results
4/25/2013Announces Release Date for First Quarter Results
3/27/2013Announces 2012 Year End Results
3/11/2013Announces Release Date for 2012 Year End Results
1/28/2013Announces a Corporate Reorganization and Strategic Initiativ...
11/15/2012Announces Continued Strong Operating Results for Third Quart...
11/1/2012Announces Release Date for Third Quarter Results
8/14/2012Announces Continued Positive Results With Record Revenue and...
8/2/2012Announces Release Date for Second Quarter Results
5/15/2012Announces Record First Quarter 2012 Results
5/3/2012Announces Release Date for First Quarter Results
3/31/2012Announces 2011 Year End Results
3/12/2012Announces Release Date for 2011 Year End Results
11/14/2011Announces Third Quarter 2011 Results
11/11/2011Announces Release Date for Third Quarter 2011 Results
8/15/2011Announces Second Quarter 2011 Results
8/9/2011Announces Release Date for Second Quarter 2011 Results
6/6/2011Announces Release Date for First Quarter 2011 Results
4/1/2011Announces Fourth Quarter and 2010 Year End Results
Project news of Ram Power Corp.
2/7/2013(San Jacinto-tizate), Corp. Announces Updates for the San Jacinto-Tizate Project
11/5/2012(San Jacinto-tizate)Announces Update for Its San Jacinto-Tizate Project
10/10/2012(San Jacinto-tizate)Announces Tariff Increase for San Jacinto-Tizate Project
3/25/2011(San Jacinto-tizate) Announces Successful Drilling Results at San Jacinto-Tizate
2/7/2011(San Jacinto-tizate) Announces General Corporate Update
Corporate news of Ram Power Corp.
3/27/2013, Corp. announces closing of C$50.9 million Senior Debenture...
1/2/2013(San Jacinto-tizate)Announces Commercial Operation for Its Phase II Expansion at...
1/2/2013(San Jacinto-tizate)Announces Commercial Operation for Its Phase II Expansion at...
1/2/2013(San Jacinto-tizate)Announces Commercial Operation for Its Phase II Expansion at...
1/2/2013(San Jacinto-tizate)Announces Commercial Operation for Its Phase II Expansion at...
12/27/2012Announces Corporate Credit Facility Amendment Providing for ...
12/27/2012Announces Corporate Credit Facility Amendment Providing for ...
12/19/2012(San Jacinto-tizate)Announces Grid Synchronization for Its Phase II Expansion at...
12/12/2012Announces Termination of Power Purchase Agreement for Clayto...
2/7/2011 Announces General Corporate Update
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (RPG.TO)
0.200+0.00%
TORONTO
CA$ 0.200
05/23 15:59 -
0%
Prev close Open
0.200 0.200
Low High
0.200 0.200
Year l/h YTD var.
0.180 -  0.280 -20.00%
52 week l/h 52 week var.
0.180 -  0.290 -20.00%
Volume 1 month var.
419,887 -%
24hGold TrendPower© : 2
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
TOP NEWSRELEASES
Annual variation
DateVariationHighLow
20130.00%
2012-35.48%0.370.20
2011-85.45%2.330.22
2010-39.14%4.231.98
 
5 years chart
 
3 months chart
 
3 months volume chart