Tuesday, January 29, 2013

Canada:

Nevada Geothermal Seeks Buyers, Partners for Development (Bloomberg)

Nevada Geothermal Power Inc. (NGP), has announced it will seek buyers or joint-venture partners for its four remaining geothermal developments.

Nevada Geothermal is also changing its name and carrying out a 1-for-5 reverse stock split, following a plan shareholders approved last year, the Vancouver-based company said in a statement today. Nevada Geothermal will change its name to Alternative Earth Resources Inc.

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