NGP
Nevada Geothermal Power Inc. Named to 2008 TSX Venture 50 June 19, 2008: 09:30 AM EST
Nevada Geothermal Power Inc. (NGP) (TSX VENTURE: NGP)(OTCBB: NGLPF) was today named to the 2008 TSX Venture 50(TM), a ranking of Canada's top emerging public companies listed on TSX Venture Exchange.
"Being named to the TSX Venture 50 is a reflection of the efforts of the NGP team and the various participants in the market place that have supported our efforts through the early growth of our company," said Brian Fairbank, CEO of Nevada Geothermal Power Inc.
The TSX Venture 50 are the top 10 companies in each of five major industry sectors (mining, oil & gas, technology & life sciences, diversified industries and clean-tech), based on a ranking formula that includes revenue, return on investment, market cap growth, and trading volume.
"We are very proud to announce the 2008 TSX Venture 50 to celebrate the achievement of our issuers," said Kevan Cowan, President, TSX Venture Exchange. "The impressive list of companies demonstrates that the TSX Venture Exchange is a unique incubator for public companies, and the companies in the TSX Venture 50 are proof that this market is working."
The 2008 TSX Venture 50(TM) was compiled based on public historical data and is not an invitation to purchase securities listed on Toronto Stock Exchange and/or TSX Venture Exchange. TSX Group Inc. and its affiliates do not endorse or recommend any securities referenced in this ranking. Neither TSX Group Inc. nor its affiliated companies represent, warrant or guarantee the accuracy or the completeness of the information. You should not rely on the information contained in this news release for any trading, business or financial purposes. TSX Group Inc. and its affiliates assume no liability for any errors or inaccuracies in this news release or any use or reliance upon this information.
Nevada Geothermal Power Inc.
Brian D. Fairbank, P. Eng., President |