VANCOUVER, Feb. 6, 2014 /PRNewswire/ - Alternative Earth Resources Inc. ("Alternative Earth" or "the Company")
(TSX.V:AER) today announced that its Nevada operating subsidiary, Nevada Geothermal
Operating Company LLC, has turned over operations at the Faulkner 1
geothermal power plant at Blue Mountain, Nevada to a new operator
designated by the project owner. This ends Alternative Earth's
involvement in the project effective February 1, 2014.
Alternative Earth holds leaseholds at four other geothermal properties
in the western United States and now directs full attention to
advancing its current project interests and assessing new
About Alternative Earth Resources Inc.:Alternative Earth Resources Inc. is an experienced renewable energy
developer focusing on the development of CLEAN electrical power from
high temperature geothermal resources in the United States. The Company
owns geothermal leaseholds comprising the New Truckhaven property in Imperial Valley, California; the Pumpernickel and North Valley properties in northern Nevada; and a 50% interest in the Crump Geyser property which it owns with Ormat Nevada Inc. in Lake County, Oregon.
These properties, at different stages of exploration and development,
cover aggregate inferred resources totaling approximately 200 MW.
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.
Neither the 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.
Alternative Earth Resources Inc.
Brian D. Fairbank, P. Eng. President & CEO
Toll Free: 866-688-0808
Toll Free: 866-688-0808
SOURCE Alternative Earth Resources Inc.