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Business, Energy

US Geothermal gets a promotion

08.30.07 | Comment?

Originally published at Montara Energy Ventures.

Via Yahoo News:

BOISE, Idaho, Aug. 29 /PRNewswire-FirstCall/ — U.S. Geothermal Inc. (OTC Bulletin Board: UGTH, TSX.V: GTH) (the “Company”) is pleased to announce that the Toronto Stock Exchange has conditionally approved the Company’s application for listing its common shares on the Toronto Stock Exchange. Listing is subject to the Company fulfilling certain specified conditions of the Toronto Stock Exchange on or before November 21, 2007.

About US Geothermal Inc
U.S. Geothermal is a renewable energy development company that is currently building a 13 megawatt geothermal power project at Raft River, Idaho and conducting exploration activities at Neal Hot Springs, Oregon.

This marks the first movement of the handful of geothermal companies financed on the Toronto Venture Exchange to a mature market. Congrats US Geothermal.

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