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Ram Power Receives Initial Equity Distribution From Its San Jacinto-Tizate Project
Published : July 26, 2012
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Keywords :   Canada | Growth |

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

Companies Mentionned : Energy X X I | Polaris | Ram Power | Reliance |
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Ram Power Corp.

CODE : RPG.TO
ISIN : CA7513081074
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Ram Power is a gold and copper development stage company based in Canada.

Ram Power develops gold, copper and in Nicaragua, and holds various exploration projects in Canada.

Its main asset in development is SAN JACINTO-TIZATE in Nicaragua and its main exploration property is ANA in Canada.

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Financings of Ram Power Corp.
4/30/2015Announces Closing of Private Placement
4/20/2015, Corp. Announces Private Placement and Recapitalization Tra...
3/20/2013, Corp. Announces Anticipated Closing Date for Senior Debent...
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.
10/31/2013Announces Release Date for Third Quarter Results
8/7/2013Announces 2013 Second Quarter Results
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...
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
Project news of Ram Power Corp.
8/15/2013(San Jacinto-tizate), Corp. Announces Updates for the San Jacinto-Tizate Project
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
6/7/2012(San Jacinto-tizate)Announces Update for San Jacinto-Tizate Project and Corporat...
2/21/2012(San Jacinto-tizate), Corp. Announces Updates for the San Jacinto-Tizate Project
2/6/2012(San Jacinto-tizate), Corp. Announces Updates for the 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.
9/28/2015POLARIS INFRASTRUCTURE ANNOUNCES SIGNING OF RIG SERVICES CON...
9/28/2015POLARIS INFRASTRUCTURE ANNOUNCES CHANGE OF AUDITOR
5/13/2015Polaris Infrastructure Inc. (formerly Ram Power, Corp.) anno...
5/13/2015Polaris Infrastructure Inc. (Formerly Ram Power, Corp.) Anno...
5/12/2015Ram Power Announces 2015 First Quarter Results
5/4/2015RAM POWER ANNOUNCES CLOSING OF PRIVATE PLACEMENT
5/4/2015RAM POWER, CORP. ANNOUNCES PRIVATE PLACEMENT AND RECAPITALIZ...
5/1/2015BRILLIANT ANNOUNCES PROPOSED INVESTMENT IN RAM POWER
4/30/2015Ram Power Announces Closing of Private Placement
4/20/2015IIROC Trade Resumption - RPG
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4/20/2015Ram Power, Corp. Announces Private Placement and Recapitaliz...
3/30/2015RAM POWER ANNOUNCES 2014 YEAR END RESULTS
3/30/2015Q4 2014 Ram Power Corp Earnings Release - After Market Close
3/25/2015RAM POWER ANNOUNCES RELEASE DATE FOR YEAR END 2014 RESULTS
1/26/2015TSX Delisting Review - Ram Power, Corp. (Symbols: RPG and RP...
1/26/2015RAM POWER ANNOUNCES NOTIFICATION OF TSX CONTINUED LISTING RE...
1/26/2015Ram Power Announces Notification of TSX Continued Listing Re...
12/31/2014Ram Power Announces Strategic Process and Corporate Update
11/13/2014Ram Power Announces 2014 Third Quarter Results
11/13/2014RAM POWER ANNOUNCES 2014 THIRD QUARTER RESULTS
11/10/2014RAM POWER ANNOUNCES RELEASE DATE FOR THIRD QUARTER 2014 RESU...
11/10/2014Ram Power Announces Release Date for Third Quarter 2014 Resu...
8/12/2014Ram Power Announces 2014 Second Quarter Results
8/6/2014Ram Power Announces Release Date for Second Quarter Results
6/17/2014Ram Power Announces Results of Annual Meeting
5/27/2014Ram Power, Corp. Announces Completion of 30-Day Stabilizatio...
5/15/2014Ram Power Announces 2014 First Quarter Results
4/28/2014Ram Power, Corp. Announces Commencement of 30-Day Stabilizat...
4/22/2014U.S. Geothermal Acquires Ram Power Geysers Project in Califo...
4/22/2014Ram Power, Corp. Completes Sale of Geysers Project
4/7/2014U.S. Geothermal to Buy Geysers Project for $6.4 Million
4/7/2014Ram Power, Corp. Announces Stock Purchase Agreement With US ...
4/1/2014Ram Power Announces 2013 Year End Results
10/2/2013, Corp. Announces Operational Update Including:
8/1/2013(San Jacinto-tizate), Corp. Announces Conversion of San Jacinto-Tizate Phase II ...
7/2/2013, Corp. Announces Agreement With Project Lenders to Extend C...
6/18/2013Announces Results of Annual and Special Meeting
6/4/2013, Corp. Announces Signing of Drilling Contract and Agrees Wi...
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...
3/27/2012, Corp. Announces the Signing of a Letter of Intent With SNC...
3/26/2012, Corp. Announces the Signing of a Mandate Letter With IFC f...
2/23/2012, Corp. Announces Updates for the Casita Project
1/9/2012(San Jacinto-tizate), Corp. Announces Commercial Operation of the Phase I Expans...
12/22/2011(San Jacinto-tizate), Corp. Announces Synchronization of the Phase I Expansion a...
12/6/2011, Corp. Announces Execution of Amendments to Credit Facility
10/26/2011, Corp. Announces San Jacinto Project, Casita Project and Ge...
9/15/2011, Corp. Announces San Jacinto Project and Corporate Finance ...
8/15/2011(San Jacinto-tizate)Confirms Resource and Closes $160 Million Credit Facility fo...
3/29/2011Northern California Power Agency Approves Power Purchase Agr...
3/24/2011(San Jacinto-tizate), Corp. Announces Successful Drilling Results at San Jacinto...
2/7/2011 Announces General Corporate Update
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