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Monday, July 30, 2012

Canada:

Nevada Geothermal Power Inc. Announces Results of Annual and Special Meeting of Shareholders  (News Release)


Nevada Geothermal Power Inc. has announced results from its Annual and Special Meeting of shareholders held on Tuesday July 24, 2012.

Business items outlined in the notice to shareholders dated June 22, 2012 were all approved namely:
  1. Brian D. Fairbank, James E. Yates, Domenic J. Falcone, Markus K. Christen, R. Gordon Bloomquist, and Gavin Cooper were re-elected as directors of the Company for the ensuing year.
  2. Deloitte & Touché have been re-appointed as Auditors of the Company.
  3. The Company's Share Option Plan was approved. 
  4. The Shareholder Rights Plan as set forth in an Agreement dated December 4, 2008, between the Company and Computershare Investor Services Inc., was further ratified and extended to 2015.
  5. The proposal to consolidate the issued and outstanding common shares of the Company on a basis of one (1) new common share for up to five (5) old common shares, at the discretion of the board, was approved along with a change of name of the Company. 
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