USA, Idaho:

U.S. Geothermal Announces Annual Stock Option Grant

U.S. Geothermal Inc. announced today that, as part of its annual employee compensation program, it has granted options pursuant to its Stock Incentive Plan to directors, employees and consultants to acquire 2,917,000 shares in capital of the company. The options are exercisable at a price of US$0.31 per share for a term of 5 years expiring August 24, 2017. The options will vest subject to the Company's Stock Incentive Plan.

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