﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>Ram Power Corp. - A Leader in Geothermal Energy Press Releases</title><link>http://www.ram-power.com/</link><description>generated by Q4</description><lastBuildDate>Tue, 07 Sep 2010 16:00:00 -0400</lastBuildDate><copyright>Copyright Q4 Web Systems. All rights reserved.</copyright><item><title>The Energy Report - An Interview with Sean Peasgood</title><description /><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=9667418a-a816-48ae-abc3-b608fa0679dc</link><pubDate>Tue, 07 Sep 2010 16:00:00 -0400</pubDate></item><item><title>Ram Power, Corp. Completes Arrangement with Sierra Geothermal Power Corp.</title><description>&lt;p align=justify&gt;Vancouver, British Columbia&lt;strong&gt; &lt;/strong&gt;- (September 3, 2010) - Sierra Geothermal Power Corp. (“Sierra”) and Ram Power, Corp. [TSX: RPG] (“Ram Power”) are pleased to announce that they have completed the previously announced plan of arrangement between Sierra and Ram Power under the &lt;i&gt;Business Corporations Act &lt;/i&gt;(British Columbia) (the “Arrangement”).&lt;/p&gt;
&lt;p align=justify&gt;As a result of the Arrangement, Ram Power has acquired all of the issued and outstanding shares of Sierra in exchange for shares of Ram Power and all current holders of Sierra options, warrants and unit warrants are now entitled to receive Ram Power securities upon the exercise of those Sierra options, warrants and unit warrants in accordance with their terms, all as is more particularly described in the arrangement agreement dated July 7, 2010, as amended. The Arrangement was approved at a special meeting of Sierra shareholders held on August 31, 2010 and received final approval of the Supreme Court of British Columbia on September 1, 2010. As a result of the Arrangement, Sierra is now a wholly owned subsidiary of Ram Power.&lt;/p&gt;
&lt;p align=justify&gt;Sierra’s common shares were delisted from the TSX Venture Exchange effective at the close of the market on September 1, 2010. The Ram Power shares received by the former shareholders of Sierra trade on the Toronto Stock Exchange under the symbol “RPG”.&lt;/p&gt;
&lt;p align=justify&gt;For further details regarding the Arrangement, please refer to the management information circular dated July 28, 2010, a copy of which is available under the corporate profile of Sierra on the System for Electronic Document Analysis and Retrieval at www.sedar.com.&lt;/p&gt;&lt;b&gt;
&lt;p align=left&gt;About Ram Power, Corp.&lt;/p&gt;&lt;/b&gt;
&lt;p align=justify&gt;Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has interest in geothermal projects in the United States, Canada, and Latin America.&lt;/p&gt;&lt;b&gt;
&lt;p align=left&gt;About Sierra Geothermal Power Corp.&lt;/p&gt;&lt;/b&gt;
&lt;p align=justify&gt;Sierra is a Vancouver-based geothermal energy company focused on the exploration and development of clean, sustainable power in Western North America. Sierra has 100% control over its 120,000 acre portfolio of geothermal properties in Nevada, California and British Columbia. Sierra’s projects have a combined total estimated capacity of almost 400MW.&lt;br&gt;&lt;br&gt;&lt;strong&gt;FOR FURTHER INFORMATION PLEASE CONTACT:&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Ram Power, Corp.&lt;br&gt;&lt;/strong&gt;Steven Scott&lt;br&gt;Director of Investor Relations&lt;br&gt;Phone +775-398-3711&lt;br&gt;Email: sscott@ram-power.com&lt;br&gt;www.ram-power.com&lt;br&gt;&lt;br&gt;CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION&lt;/p&gt;
&lt;p align=justify&gt;This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. While the forward-looking statements and any assumptions upon which they are based are made in good faith and reflect the current judgment of management at both Ram Power and Sierra, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other forward-looking information suggested in this press release. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risk of adverse changes to either company or the industry in which they operate, as well as the general business risks described in the periodic disclosure documents filed by Ram Power and Sierra on SEDAR, copies of which are available at www.sedar.com. Any of these risks could cause actual results or achievements to be materially different from those that are expressed or implied by the forward-looking statements contained in this press release. Except as required by applicable law, neither of Ram Power or Sierra intends to update any of the forward-looking statements to conform these statements to actual results.&lt;/p&gt;</description><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=0c699c8b-1c67-4cb4-a22f-b28df769cd94</link><pubDate>Fri, 03 Sep 2010 09:00:00 -0400</pubDate></item><item><title>Shareholders Approve Plan of Arrangement Between Sierra Geothermal Power Corp. and Ram Power, Corp.</title><description>&lt;p align=justify&gt;&lt;strong&gt;Vancouver, British Columbia&lt;/strong&gt; - Sierra Geothermal Power Corp. [TSX-V: SRA] (“Sierra”) and Ram Power, Corp. [TSX: RPG] (“Ram Power”) are pleased to announce that the shareholders of Sierra have approved the proposed plan of arrangement between Sierra and Ram Power under the &lt;i&gt;Business Corporations Act &lt;/i&gt;(British Columbia) (the “Arrangement”). At Sierra’s meeting, the Arrangement was approved by 99.42% of the common shareholders of Sierra that were present in person or by proxy.&lt;br&gt;&lt;br&gt;Pursuant to the Arrangement, Ram Power will acquire all of the issued and outstanding shares of Sierra and current holders of Sierra options, warrants and unit warrants will be entitled to receive Ram Power shares upon the exercise of such securities in accordance with their terms and upon the terms of the arrangement agreement dated July 7, 2010, as amended by an amendment dated July 28, 2010. Upon completion of the Arrangement, Sierra will become a wholly owned subsidiary of Ram Power and Ram Power will continue to be engaged in the business of acquiring, exploring, developing and operating geothermal properties through its subsidiaries.&lt;br&gt;&lt;br&gt;The Arrangement requires approval by the Supreme Court of British Columbia. The hearing in respect of the final order to approve the Arrangement (the “Final Order”) is currently anticipated to take place on September 1, 2010 at 10:00 a.m. (Vancouver Time). No hearing is scheduled. If the Final Order is obtained on September 1, 2010, and all other conditions to completion of the Arrangement are satisfied or waived, it is expected that the Arrangement will be completed September 2, 2010.&lt;br&gt;&lt;br&gt;For further details regarding the Arrangement, please refer to the management information circular dated July 28, 2010, a copy of which is available under the corporate profile of Sierra on the System for Electronic Document Analysis and Retrieval at www.sedar.com.&lt;br&gt;&lt;br&gt;&lt;strong&gt;About Ram Power, Corp.&lt;br&gt;&lt;/strong&gt;&lt;br&gt;Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has interest in geothermal projects in the United States, Canada, and Latin America.&lt;br&gt;&lt;br&gt;&lt;strong&gt;About Sierra Geothermal Power Corp.&lt;/strong&gt;&lt;/p&gt;
&lt;p align=justify&gt;Sierra is a Vancouver-based geothermal energy company focused on the exploration and development of clean, sustainable power in Western North America. Sierra has 100% control over its 120,000 acre portfolio of geothermal properties in Nevada, California and British Columbia. Sierra’s projects have a combined total estimated capacity of almost 400MW.&lt;/p&gt;
&lt;p align=left&gt;On behalf of the Board of Directors&lt;/p&gt;&lt;i&gt;
&lt;p align=left&gt;“Gary Thompson”&lt;/p&gt;
&lt;p&gt;&lt;/i&gt;&lt;b&gt;Gary Thompson&lt;br&gt;&lt;/b&gt;President, Chief Executive Officer &amp;amp;&lt;br&gt;Director&lt;br&gt;&lt;br&gt;&lt;strong&gt;FOR FURTHER INFORMATION PLEASE CONTACT:&lt;br&gt;&lt;br&gt;&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Ram Power, Corp.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Sierra Geothermal Power, Corp.&lt;br&gt;&lt;/strong&gt;Steven Scott&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;Gary Thompson&lt;br&gt;Director of Investor Relations&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;President and CEO&lt;br&gt;Phone +775-398-3711&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;(604) 683-0332 x 119&lt;br&gt;Email: sscott@ram-power.com&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;gthompson@sierrageopower.com&lt;br&gt;www.ram-power.com&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;www.sierrageopower.com&lt;br&gt;&lt;br&gt;&lt;br&gt;Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.&lt;/p&gt;
&lt;p&gt;CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION&lt;br&gt;&lt;/p&gt;
&lt;p align=justify&gt;This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. Forward-looking statements in this press release include statements about completion of the Arrangement and the future business of Ram Power and its subsidiaries. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect the current judgment of management at both Ram Power and Sierra, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other forward-looking information suggested in this press release. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks that the companies cannot obtain the consents that may be required in order to consummate the transaction, the risk of adverse changes to either company or the industry in which they operate, as well as the general business risks described in the periodic disclosure documents filed by Ram Power and Sierra on SEDAR, copies of which are available at www.sedar.com. Any of these risks could cause actual results or achievements to be materially different from those that are expressed or implied by the forward-looking statements contained in this press release. Except as required by applicable law, neither of Ram Power or Sierra intends to update any of the forward-looking statements to conform these statements to actual results.&lt;/p&gt;</description><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=e5364cc5-603e-41f6-af68-0a4abf68b03a</link><pubDate>Wed, 01 Sep 2010 06:00:00 -0400</pubDate></item><item><title>Ram Power Announces 2010 Second Quarter Results</title><description>&lt;p align=justify&gt;RENO, NEVADA- (August 12, 2010) – Ram Power, Corp. (TSX: RPG) ("Ram Power" or the “Company”), today reported its financial and operating results for the second quarter ended June 30, 2010. This earnings release should be read in conjunction with Ram Power’s MD&amp;amp;A and financial statements, which are available on the Company’s website at &lt;a href="http://www.ram-power.com"&gt;www.ram-power.com&lt;/a&gt; and have been posted on SEDAR at www.sedar.com.&lt;br&gt;&lt;br&gt;Concurrent with today's release, Hezy Ram, CEO of Ram Power, said, “Ram Power continued in the second quarter of 2010 to execute its plan to be one of the world’s preeminent geothermal power companies. Construction of Phase I and II expansions at our San Jacinto-Tizate project proceeds according to the schedule and budget. We are in the final stages of the negotiation process for the Phase II expansion’s financing, which is expected to close in the third quarter. Drilling activity commenced at the Orita project in parallel to negotiations with EPC contractors. We recently purchased the land rights associated with our Geysers project in Northern California which will allow for flexibility and autonomy in the development of this project, which is a continuation of our commitment to developing our pipeline of projects to their full potential. As well, the Company announced the pending acquisition of Sierra Geothermal Power Corp.”&lt;br&gt;&lt;br&gt;&lt;b&gt;OVERVIEW&lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;The financial results of Ram Power for the three and six months ended June 30, 2010 and 2009 are summarized below:&lt;br&gt;&lt;br&gt;&lt;img style="WIDTH: 691px; HEIGHT: 354px" alt="" src="/Theme/RamPower/files/financial_docs/2010 Q2/Q2 Financial Table FINAL.png" width=905 height=576&gt;&lt;br&gt;&lt;br&gt;&lt;i&gt;For the purpose of this summary, the results of Polaris Geothermal Inc. for the three and six months ended June 30, 2009 are used as comparatives because, for accounting purposes, the financial statements of the Company are deemed to be a continuation of the financial statements of Polaris Geothermal Inc.&lt;/p&gt;&lt;/i&gt;
&lt;p align=justify&gt;For the second quarter ended June 30, 2010, the Company reported a net loss of approximately $6.5 million ($0.04 per share).&amp;nbsp; On a cash basis, for the same period, the Company had a negative cash flow of about $5.7 million from operating activities and spent approximately $51.6 million on additions to geothermal properties and capital assets, including approximately $23 million on the Phase I and II San Jacinto expansions, $20 million to acquire the land rights associated with the Geysers project, and approximately $6.5 million on the Orita Project. At June 30, 2010, the Company had cash and short term investments of approximately $91.5 million, and long-term debt, net of debt discount, of approximately $45.6 million.&lt;/p&gt;&lt;b&gt;
&lt;p align=left&gt;San Jacinto Operations&lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;The San Jacinto operating plant produced as expected during the quarter with short interruption to correct the decline performance of an injection well. In early 2010, the power plant was not producing to its full capacity due to insufficient injection at the SJ-1 well. During the second quarter ending June 30, 2010, the Company completed a mechanical cleaning of that well which resulted in full recovery of the injection capacity of this well. The clean out operation restored the net MW production of the power plant to its optimal 9.6 MW.&lt;/p&gt;
&lt;p align=justify&gt;Construction continued during the second quarter on the Phase I 36 MW expansion of the current operating facility to increase the production capacity to 46 MW. The Company expects a commercial operation date in the second quarter 2011. The current active production and injection wells have sufficient capacity to support the planned production increase. The total cost of the Phase I expansion is estimated to be $156 million. The Company is using a combination of cash on hand and a $77 million credit facility to fund the cost of the expansion. In the six months ended June 30, 2010, the Company satisfied the equity investment requirement for the credit facility and drew $47 million of the $77 million available under the facility. As of June 30, 2010 the Company had approximately $90.7 million in accumulated costs related to the Phase I expansion.&lt;/p&gt;
&lt;p align=justify&gt;The Company commenced its drilling/exploration program for Phase II of the San Jacinto Project in April 2010 with two rigs.&amp;nbsp; The first exploration/production well (SJ 12-1) was completed in July 2010 and encountered fault-controlled permeability at several shallower zones. A maximum temperature of over 500 degrees Fahrenheit was measured in the well. The well is being allowed to heat prior to temperature surveys and flow testing which will be conducted in August 2010. A second production well (SJ 9-3) commenced drilling by a smaller rig in June 2010 and was cased at 2,550 feet. Drilling on SJ 9-3 has resumed recently by a bigger rig and is currently being targeted to a depth of approximately 6,000 feet which is expected to be completed by the end of August 2010. The Company anticipates completing its Phase II drilling program by March 2011.&lt;/p&gt;
&lt;p align=justify&gt;The Company is in negotiations with a group of development banks led by International Finance Corporation (“IFC”) and Inter-American Development Bank (“IDB”) to provide the debt financing for the Phase II expansion, which will add 36 MW for a total capacity of 72 MW, after which the 10 MW facility will be decommissioned. Approvals were obtained for over $200 million senior debt financing which exceeds the expected financing need of $140 million. The approvals are subject to execution of a definitive agreement among the parties. Phase II is being constructed in parallel to Phase I and is being financed with cash on hand until the Phase II debt financing closes, which is expected to occur in the third quarter of 2010. As of June 30, 2010 the Company had approximately $27.1 million in accumulated costs related to the Phase II expansion.&lt;/p&gt;&lt;b&gt;
&lt;p align=left&gt;Exploration Activities&lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;In April 2010, the Company commenced its Orita drilling/exploration program starting with Orita Well #2 which was drilled as a direct offset to production encountered in the successful Emanuelli #1 well drilled in 1982. The Emanuelli #1 well produced about 500,000 pounds per hour which indicated commercial viability. Orita Well #2 was intended to test potential production zones down to 10,400 feet. Drilling was suspended at a depth of 9,267 feet due to mechanical problems and the well was lined with perforated casing, cleaned and tested. A maximum temperature of 457 degrees Fahrenheit was measured in the well still cooled by drilling mud. A flow test produced fluids that confirmed the desired low-salinity benign chemistry but only marginal permeability at this depth. In September 2010, the Company expects to resume drilling to the intended 10,400 foot production zone to enhance the fluid mass flow rate.&lt;/p&gt;
&lt;p align=justify&gt;In July 2010 drilling commenced on Orita Well #3 is which is being drilled to the targeted depth of about 9,000-10,000 feet.&amp;nbsp; As of August 2010, the well shows significant hydrothermal alterations and is being drilled to intercept a major fault controlled low-resistivity zone. The drilling of Orita Well #3 is expected to be completed in August 2010. The well was successfully cased at 6,700 feet and is currently at about 9,000 feet. Flow testing will be conducted in the later part of August 2010.&lt;/p&gt;
&lt;p align=justify&gt;Mr. Ram concluded, “Ram Power remains committed to the execution of our business plan which maximizes shareholder value through the development of clean, reliable geothermal projects.”&lt;/p&gt;&lt;b&gt;
&lt;p align=left&gt;About Ram Power, Corp.&lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has interests in geothermal projects in the United States, Canada, and Latin America.&lt;/p&gt;
&lt;p align=left&gt;Steven Scott, Director of Investor Relations&lt;br&gt;Ram Power, Corp.&lt;br&gt;Phone: 775-398-3711&lt;br&gt;Email: sscott@ram-power.com&lt;br&gt;www.ram-power.com&lt;/p&gt;&lt;b&gt;
&lt;p&gt;Cautionary Statements&lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;This news release contains certain “forward-looking information” which may include, but is not limited to, statements with respect to future events or future performance, management’s expectations regarding the Company’s growth, results of operations, estimated future revenues, requirements for additional capital, production costs and revenue, future demand for and prices of electricity, business prospects and opportunities. In addition, statements relating to estimates of recoverable geothermal energy “reserves” or “resources” or energy generation are forward-looking information, as they involve implied assessment, based on certain estimates and assumptions, that the geothermal resources and reserves described can be profitably produced in the future. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current geothermal energy production, development and/or exploration activities and the accuracy of probability simulations prepared to predict prospective geothermal resources; changes in project parameters as plans continue to be refined; possible variations of production rates; failure of plant, equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the geothermal industry; political instability or insurrection or war; labor force availability and turnover; delays in obtaining governmental approvals or in the completion of development or construction activities or in the commencement of operations; as well as those factors discussed in the section entitled “Risk Factors” in this news release. These factors should be considered carefully and readers of this news release should not place undue reliance on forward-looking information.&lt;/p&gt;
&lt;p align=justify&gt;Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, there can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Such forward-looking information is made as of the date of this news release and, other than as required by applicable securities laws, Ram Power, Corp. assumes no obligation to update or revise such forward-looking information to reflect new events or circumstances.&lt;/p&gt;
&lt;p align=left&gt;&lt;br&gt;&lt;/p&gt;</description><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=53fa50e7-78e3-458e-8956-1f7372b33ef1</link><pubDate>Thu, 12 Aug 2010 20:00:00 -0400</pubDate></item><item><title>Ram Power Announces Release Date for 2010 Second Quarter Results</title><description>&lt;p align=left&gt;&lt;/p&gt;
&lt;p align=justify&gt;RENO, NEVADA- (August 3, 2010) – Ram Power, Corp. (TSX: RPG) ("Ram Power"), today announced that it will release its financial statements for the fiscal quarter ended June 30, 2010 on Thursday, August 12, 2010. The management will discuss second quarter 2010 financial results and other matters during a conference call and live audio webcast on Friday, August 13, 2010 at 10:00 am ET (7:00 am PT). &lt;/p&gt;
&lt;p align=justify&gt;The live audio call will be accessible at 888-789-9572 by entering the participant pass code 6036830. &lt;/p&gt;
&lt;p align=justify&gt;The live audio webcast will be accessible at &lt;a href="http://bellwebcasting.ca/audience/index.asp?eventid=52390688" target=_blank&gt;http://bellwebcasting.ca/audience/index.asp?eventid=52390688 &lt;/a&gt;&lt;/p&gt;
&lt;p align=justify&gt;An archived version of the webcast will be available for three months following the call. To listen to a recording of the call by telephone, call (800) 408-3053. Use the conference call access code 2428707. The audio instant replay will be available until September 13, 2010. &lt;/p&gt;&lt;b&gt;
&lt;p&gt;About Ram Power, Corp. &lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has interest in geothermal projects in the United States, Canada, and Latin America. &lt;/p&gt;
&lt;p&gt;Steven Scott, Director of Investor Relations&lt;br&gt;Ram Power, Corp.&lt;br&gt;Phone: 775-398-3711&lt;br&gt;Email: sscott@ram-power.com&lt;br&gt;www.ram-power.com &lt;/p&gt;&lt;b&gt;
&lt;p&gt;Cautionary Statement &lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;&lt;i&gt;This press release contains "forward-looking information" within the meaning of applicable securities laws including information regarding the business of Ram Power. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by this information. The statements in this press release are made as of the date of this release. Ram Power, undertakes no obligation to update forward looking information, other than as required by law, or comment on analyses, expectations or statements made by third-parties in respect of Ram Power, or its financial or operating results or its securities.&lt;/p&gt;&lt;/i&gt;</description><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=795b9493-2627-4159-91f8-4cd9d6c5b31c</link><pubDate>Tue, 03 Aug 2010 08:00:00 -0400</pubDate></item><item><title>"Ram Power Lines" Quarterly Newsletter, July 2010</title><description /><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=d1fdb6e4-f6b9-44b6-badc-0a5fec382078</link><pubDate>Fri, 16 Jul 2010 17:00:00 -0400</pubDate></item><item><title>Ram Power and Sierra Geothermal Power Enter Into a Definitive Agreement</title><description>&lt;p align=left&gt;&lt;/p&gt;
&lt;p align=center&gt;&lt;b&gt;Ram Power to Acquire Sierra Geothermal &lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;RENO, NEVADA- July 8, 2010 – Ram Power, Corp. (TSX: RPG) ("Ram Power") and Sierra Geothermal Power Corp. (TSXV:SRA) ("Sierra") are pleased to announce that, in accordance with the letter of intent previously announced on June 1, 2010, they have entered into a definitive arrangement agreement whereby Ram Power will acquire all the issued and outstanding common shares of Sierra. &lt;/p&gt;
&lt;p align=justify&gt;Under the terms of the transaction, which is structured as a plan of arrangement pursuant to the Business Corporations Act (British Columbia), each common share of Sierra will be exchanged for 0.0833333 of a common share of Ram Power, and all options and warrants of Sierra will become exercisable for options and warrants of Ram Power on a basis equivalent to the exchange ratio. Upon closing of the transaction, Ram Power is expected to issue approximately 11.13 million common shares to the current shareholders of Sierra. The transaction is expected to close during the third quarter of 2010 and is subject to there being at least $2.9 million of working capital of Sierra at closing, receipt of TSX and TSXV approval, the approval of the common shareholders of Sierra at a shareholders meeting to be scheduled on or before August 31, 2010, and court approval. &lt;/p&gt;
&lt;p align=justify&gt;Ram Power has also received voting agreements from Skyberry Holdings Ltd. and Exploration Capital Partners 2005 Limited Partnership in which each of those shareholders have agreed to vote their shares of Sierra in favour of the transaction at the upcoming special meeting of Sierra shareholders which will be called to approve the transaction. In the aggregate, those shareholders hold approximately 23.7 million common shares of Sierra representing approximately 17.8% of the issued and outstanding shares of Sierra. &lt;/p&gt;
&lt;p align=justify&gt;Gary Thompson, Sierra’s President, Chief Executive Officer and Executive Director, stated, "We are pleased to have formalized an arrangement agreement between Ram Power and Sierra. We believe that Sierra shareholders will benefit from this transaction by owning shares of a well capitalized company, a solid pipeline of properties, excellent growth potential and increased liquidity. We also see this deal as a positive for the geothermal sector in general. This deal has full support of the Sierra’s Board of Directors, Special Committee and Management. The next business item for us is to provide shareholders with an information circular." &lt;/p&gt;
&lt;p align=justify&gt;"Raymond James Ltd. has rendered a fairness opinion to the Board of Directors of Sierra dated July 6, 2010 that the consideration to be received by shareholders of Sierra pursuant to the transaction is fair, from a financial point of view, to such shareholders." &lt;/p&gt;
&lt;p align=justify&gt;Hezy Ram, Ram Power’s Chief Executive Officer, stated, "The arrangement agreement represents an important milestone in the growth of Ram Power as well as the consolidation of the geothermal power industry. From the beginning, Ram Power set out to be the market leader in geothermal power, and the Sierra acquisition is expected to contribute to the synergistic advantages we are seeking in our portfolio of properties."&lt;br&gt;&lt;br&gt;The definitive agreement includes a commitment by Sierra not to solicit alternative transactions. Each company has agreed to pay a termination fee of $1.5 million to the other party under certain circumstances. In addition, Ram Power has the right to match any unsolicited competing offer which may be made. A full copy of the definitive agreement will be filed by each of Ram Power and Sierra with the Canadian securities regulatory authorities and will be available at www.sedar.com. In addition, a detailed description of the agreement will be included in the management information circular which will be mailed to Sierra shareholders later this month. &lt;/p&gt;&lt;b&gt;
&lt;p align=justify&gt;ABOUT RAM POWER, CORP. &lt;/p&gt;
&lt;p align=justify&gt;&lt;/b&gt;Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has interest in geothermal projects in the United States, Canada, and Latin America. &lt;/p&gt;&lt;b&gt;
&lt;p align=justify&gt;ABOUT SIERRA GEOTHERMAL POWER CORP. &lt;/p&gt;
&lt;p&gt;&lt;/b&gt;Sierra is a Vancouver-based geothermal energy company focused on the exploration and development of clean, sustainable power in Western North America. Sierra has 100% control over its 120,000 acre portfolio of geothermal properties in Nevada, California and British Columbia. Sierra’s projects have a combined total estimated capacity of almost 400MW. &lt;br&gt;&lt;br&gt;&lt;strong&gt;FOR FURTHER INFORMATION PLEASE CONTACT:&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;
&lt;table style="WIDTH: 520px" dir=ltr border=1 cellSpacing=0 cellPadding=7&gt;
&lt;tbody&gt;
&lt;tr&gt;
&lt;td height=60 vAlign=top width="50%"&gt;&lt;font size=2&gt;&lt;strong&gt;Ram Power, Corp.&lt;br&gt;&lt;/strong&gt;&lt;br&gt;Steven Scott&lt;br&gt;Director of Investor Relations&lt;br&gt;Phone (775) 398-3711&lt;br&gt;Email: sscott@ram-power.com&lt;br&gt;www.ram-power.com&amp;nbsp;&lt;/font&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/td&gt;
&lt;td vAlign=top align=left&gt;&lt;font size=2&gt;&lt;strong&gt;Sierra Geothermal Power&lt;br&gt;&lt;/strong&gt;&lt;br&gt;Anthony Srdanovic&lt;br&gt;Investor Relations&lt;br&gt;(604) 683-0332 x 115&lt;br&gt;asrdanovic@sierrageopower.com&lt;br&gt;www.sierrageopower.com&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;/p&gt;
&lt;p align=justify&gt;&lt;strong&gt;Cautionary Statements&amp;nbsp;&lt;/strong&gt;&lt;br&gt;&lt;br&gt;Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. &lt;/p&gt;
&lt;p align=justify&gt;This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology&amp;nbsp;such as&amp;nbsp;"may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. Forward-looking statements in this press release include statements about the proposed transaction, the expected date of a shareholder meeting, the expectation of receiving the required approvals and the benefits the transaction might bring to Ram Power, Sierra and their respective shareholders. While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect the current judgment of management at both Ram Power and Sierra, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections,&amp;nbsp;assumptions or other forward-looking information suggested in this press release. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks that the companies are unable to negotiate a mutually acceptable agreement, the risk that they cannot obtain the consents that may be required in order to consummate the transaction, the risk of adverse changes to either company or the industry in which they operate, as well as the general business risks described in the periodic disclosure documents filed by Ram Power and Sierra on SEDAR, copies of which are available at www.sedar.com. Any of these risks could cause actual results or achievements to be materially different from those that are expressed or implied by the forward-looking statements contained in this press release. Except as required by applicable law, neither of Ram Power or Sierra intends to update any of the forward-looking statements to conform these statements to actual results.&lt;/p&gt;</description><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=3ee4b27d-92e9-4384-958a-aa6e3b953587</link><pubDate>Thu, 08 Jul 2010 09:00:00 -0400</pubDate></item><item><title>Ram Power Announces Purchase of Geysers Property</title><description>&lt;p align=left&gt;RENO, NEVADA- (June 24, 2010) – Ram Power, Corp. (TSX: RPG) ("Ram Power"), is pleased to announce that it has purchased through its wholly owned subsidiary, Etoile Holdings Inc. (“Etoile”), 100% of the membership interests in Mayacamas Energy LLC (“Mayacamas”) which has direct ownership of the 421 acres of land associated with the identified steam resource for Ram Power’s Geysers Geothermal Project (the “Project”) in Northern California and provided the majority of the steam to a 55 megawatt power plant operated by Pacific Gas and Electric until 1989.&lt;/p&gt;
&lt;p align=left&gt;The Mayacamas property has three fully tested production wells which can support over half of the 25-35 megawatt project originally engineered by Western GeoPower Inc. (a wholly owned subsidiary of Ram Power) and is adjacent to Ram Power’s 3,500 contiguous leased acres with several existing well pads that could provide access into undeveloped areas of the steamfield. Together, these parcels of land will provide maximum flexibility to investigate the various alternatives for advancing the Project. The objective of these alternatives is to further enhance the proven steam resource and thus the value of the Project.&amp;nbsp; Such alternatives being considered include an expanded drilling program on the site, the sale of steam to power producers and the development of Ram Power’s own operating facility.&lt;/p&gt;
&lt;p align=left&gt;The purchase price paid by Ram Power was an undisclosed amount of cash. As a result of the transaction, Ram Power will no longer be required to pay a royalty of 4% to 12% from the revenues associated with the selling of power that utilizes the steam from the resource.&lt;/p&gt;
&lt;p align=left&gt;Hezy Ram, CEO of Ram Power, stated, “Ownership of the land rights is a key element for Ram Power, allowing for flexibility and autonomy in the development of the Project. The purchase of the land and resource rights for the Project is a continuation of our commitment to developing our pipeline of projects to their full potential.”&lt;/p&gt;&lt;b&gt;
&lt;p align=left&gt;About Ram Power, Corp.&lt;/p&gt;&lt;/b&gt;
&lt;p align=left&gt;Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has an interest in geothermal projects primarily in the United States, Canada, and Latin America.&lt;br&gt;&lt;br&gt;Steven Scott, Director of Investor Relations&lt;br&gt;Ram Power, Corp.&lt;br&gt;Phone: 775-398-3711&lt;br&gt;Email: sscott@ram-power.com&lt;br&gt;www.ram-power.com&lt;/p&gt;&lt;b&gt;
&lt;p align=left&gt;Cautionary Statements&lt;/p&gt;
&lt;p align=left&gt;&lt;/b&gt;&lt;i&gt;This press release contains “forward-looking information” within the meaning of applicable securities laws including information regarding the business of Ram. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by this information. The statements in this press release are made as of the date of this release. Ram, undertakes no obligation to update forward looking information, other than as required by law, or comment on analyses, expectations or statements made by third-parties in respect of Ram, or its financial or operating results or its securities.&lt;/p&gt;&lt;/i&gt;</description><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=b9758144-c059-4d95-9dd5-c33f76fd28b9</link><pubDate>Thu, 24 Jun 2010 08:00:00 -0400</pubDate></item><item><title>The Energy Report - An Interview with Adrian Day</title><description /><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=3efa3178-3ce8-4d97-9686-a3cde4dec160</link><pubDate>Wed, 16 Jun 2010 10:30:00 -0400</pubDate></item><item><title>Ram Power Opens Toronto Stock Exchange</title><description /><link>http://www.ram-power.com/News/News-Releases/News-Release-Details/default.aspx?PressReleaseId=9fd28406-78c8-4d80-a30d-8be6b4d1f439</link><pubDate>Tue, 15 Jun 2010 09:00:00 -0400</pubDate></item></channel></rss>