Thursday, December 15, 2016

Canada: Borealis Geopower Looking for Investors in Valemount Geothermal Project

High Temperature Geothermal Energy Investment Opportunity (News Release)

Canoe Reach Energy Inc. (CRE), a privately held B.C. based company focused on developing geothermal projects throughout B.C.'s Valemount (Robson Valley) Region, is launching a $1.8 million capital raise to develop, market and operate a GeoHeat Park.

Director Alison Thompson states, "We are raising capital for drilling and initial development of the reservoir. Accredited investors can participate in an alternate energy investment that is PIMBY (Please In My Backyard). This is possibly the first energy project, and almost certainly the only current energy project in the province that does not have any public discontent associated with it."

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