{"id":339,"date":"2007-03-07T08:15:42","date_gmt":"2007-03-07T16:15:42","guid":{"rendered":"http:\/\/www.montaraventures.com\/blog\/?p=339"},"modified":"2007-03-07T08:17:03","modified_gmt":"2007-03-07T16:17:03","slug":"nevada-geothermal-raises-1275m","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/blog\/2007\/03\/07\/nevada-geothermal-raises-1275m\/","title":{"rendered":"Nevada Geothermal Raises $12.75M"},"content":{"rendered":"<p>\nIn what seems to be common practice among the geothermal companies listed on the Toronto Venture Exchange, <a href=\"https:\/\/www.nevadageothermal.com\/s\/Home.asp\">Nevada Geothermal<\/a> has issued 23M units @ $0.55 per unit (a share and a warrant) in order to raise <a href=\"https:\/\/biz.yahoo.com\/iw\/070301\/0221970.html\">$12.75M in a private placement<\/a>. Presumably the proceeds will be used to advance the <a href=\"https:\/\/www.nevadageothermal.com\/s\/BlueMountain.asp\">Blue Mountain project<\/a>.<br \/>\n<br \/>\nWhile it&#8217;s clear these smaller geothermal companies are gaining access to funding, it&#8217;s unclear if this is a winning strategy in the long term for any party other than <a href=\"https:\/\/www.dundeewealth.com\/action\/DisplayPublicHomePage\">Dundee Securities<\/a> or Jacob &#038; Company Securities (who charge 8-10% commission on each deal.)<br \/>\n<br \/>\n<small><br \/>\nIf you liked this entry, <a href=\"https:\/\/www.digg.com\/submit?url=https:\/\/www.montaraventures.com\/blog\/?p=339&#038;phase=2\">Digg It!<\/a><br \/>\nTune: <a href=\"https:\/\/phobos.apple.com\/WebObjects\/MZStore.woa\/wa\/viewAlbum?playlistId=193652399&#038;s=143441&#038;i=193653115\">Yakety Axe<\/a> by <a href=\"https:\/\/www.misterguitar.com\/\">Chet Atkins (with Mark Knopfler)<\/a><br \/>\nTechnorati Tags: <a href=\"https:\/\/www.technorati.com\/tag\/energy\" rel=\"tag\">Energy<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/geothermal\" rel=\"tag\">Geothermal<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/funding\" rel=\"tag\">Funding<\/a> | <a href=\"https:\/\/www.technorati.com\/tag\/mike+harding+blog\">Mike Harding Blog<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In what seems to be common practice among the geothermal companies listed on the Toronto Venture Exchange, Nevada Geothermal has issued 23M units @ $0.55 per unit (a share and a warrant) in order to raise $12.75M in a private placement. Presumably the proceeds will be used to advance the Blue Mountain project. While it&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,18],"tags":[],"_links":{"self":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/339"}],"collection":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/comments?post=339"}],"version-history":[{"count":0,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/posts\/339\/revisions"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/media?parent=339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/categories?post=339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/blog\/wp-json\/wp\/v2\/tags?post=339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}