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Nevada Geothermal Power Inc. Issues Stock Options VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 14, 2008 -- Nevada Geothermal Power Inc. (NGP) (CDNX:NGP.V - News)(OTC BB:NGLPF.OB - News) announced that incentive stock options have been
granted to a director of the Company to purchase 100,000
common shares of the Company at an exercise price of $1.02
per share for a term of 5 years. Common shares which may
be acquired upon exercise of the options shall be subject
to a hold period which will expire on November 11, 2008. About Nevada Geothermal Power Inc.: Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, efficient and sustainable. NGP is committed to the geothermal industry and currently owns a 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior, all located in Nevada and Crump Geyser in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of approximately 150 MW to over 200 MW from the current leaseholds. Nevada Geothermal Power Inc. Brian D. Fairbank, P. Eng., President & CEO This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential," and similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition, or alteration to the information catered in this Press Release including such forward-looking statements.
Contact: Contacts:
Nevada Geothermal Power Inc.
Shelley Kirk
Investor Inquiries
(604) 688-1553 X118 or Toll Free: 1-866-688-0808 X118
Website: http://www.nevadageothermal.com
Pro-Edge Consultants Inc.
Tracy Weslosky
Managing Partner
(416) 581-0177 or Toll Free: 1-866-544-9622
Pro-Edge Consultants Inc.
Fred Cowans
Managing Partner
(416) 581-0177 or Toll Free: 1-866-544-9622
Email: info@pro-edge.com
Website: http://www.pro-edge.com
Source: Nevada Geothermal Power Inc.
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