Common stock in NGP is traded on the Toronto, TSX-Venture Exchange, ticker symbol NGP and the Over-the-Counter Bulletin Board under the ticker symbol NGLPF.
To buy shares in the company, contact any full service or discount brokerage firm.
Q
Does NGP have a direct purchase plan for its stock?
A
NGP does not have a direct share purchase plan. To purchase NGP stock contact any brokerage firm.
Q
Does NGP pay a dividend on its stock?
A
No.
Q
What is the ticker symbol for NGP?
A
Our common stock ticker symbol is NGP for our shares that are traded on the TSX Venture Exchange and NGLPF on the OTC BB.
Q
On what exchanges does NGP stock trade?
A
The common stock of NGP trades on the TSX Venture Exchange under the symbol NGP and Over-the-counter Bulletin Board under the ticker symbol NGLPF.
Q
How can I get the current NGP stock price?
A
A 20-minute delayed price as well as other information regarding NGP stock can be found on our web site.
Q
Who should I contact regarding my stock certificate?
A
You should contact NGP's transfer agent, Computershare Trust Company of Canada:
By Phone - 1-800-564-6253 (toll free North America- Int'l 514-982-7555)
By Fax - 1-866-249-7775 (toll free North America- Int'l 416-263-9524)
By Regular Mail - Computershare Investor Services Inc.
100 University Avenue
9th Floor
Toronto, ON M5J 2Y1
Q
How many NGP shares are outstanding?
A
As of January 20th,2009, NGP has 94,547,504 common shares issued and outstanding.
Q
I am a shareholder outside of Canada. What does this mean?
A
There is no Canadian tax on gains from the sale of shares or debt instruments owned by non-residents not carrying on business in Canada. No government in Canada levies estate taxes or succession duties. Dividends paid to residents in countries with which Canada has bilateral tax treaties are generally subject to the 15-percent Canadian non-resident withholding tax.
Q
How do I contact NGP's Investor Relations Department?
A
You can contact the Investor Relations Department at NGP by telephone, fax or email. Telephone: 604-638-8784 Toll Free: 1-866-688-0808 x118 (within Canada and USA) Fax: 604-688-5926 email:
Mail: Investor Relations Department, Nevada Geothermal Power Inc., Suite 900 - 409 Granville Street, Vancouver, B.C. V6C 1T2 Canada.
You may be able to find the answer to your question by first looking at our frequently asked questions.
Q
How do I contact the transfer agent for NGP?
A
Our transfer agent is Computershare Canada. A representative at Computershare can help with a variety of shareholder-related questions and can be contacted at:
By Phone - 1-800-564-6253 (toll free North America- Int'l 514-982-7555)
By Fax - 1-866-249-7775 (toll free North America- Int'l 416-263-9524)
By Regular Mail - Computershare Investor Services Inc.
100 University Avenue
9th Floor
Toronto, ON M5J 2Y1
Q
What is a transfer agent?
A
A transfer agent and registrar for a publicly held company keep a record of every outstanding stock certificate and the name of the person to whom it is registered. When registered stock changes hands, the transfer agent transfers the ownership of the stock from the seller's name to the buyer's name. The registrar reconciles all transfer records and makes sure that the number of shares debited is equal to the number of shares credited. NGP's transfer agent is Computershare Trust Company of Canada.
Q
How do I change my address on my account?
A
If you own shares through a brokerage firm, contact the brokerage firm directly to change your account address. If you are a registered shareholder, contact Computershare Trust Company of Canada at:
By Phone - 1-800-564-6253 (toll free North America- Int'l 514-982-7555)
By Fax - 1-866-249-7775 (toll free North America- Int'l 416-263-9524)
By Regular Mail - Computershare Investor Services Inc.
100 University Avenue
9th Floor
Toronto, ON M5J 2Y1
Q
How do I exercise my NGP share purchase warrants?
A
If you own shares through a brokerage firm, contact the brokerage firm directly to exercise your share purchase warrants.
PROCEDURES FOR THE EXERCISE OF WARRANTS of Nevada Geothermal Power Inc.
To exercise warrants, in whole or in part, at the exercise price set in the share purchase warrant certificate, the warrant holder must:
Complete and execute the subscription form on the back of the share purchase warrant certificate and submit certificate, along with subscription form, to:
Computershare Trust Company of Canada, at:
By Phone - 1-800-564-6253 (toll free North America- Int'l 514-982-7555)
By Fax - 1-866-249-7775 (toll free North America- Int'l 416-263-9524)
By Regular Mail - Computershare Investor Services Inc.
100 University Avenue
9th Floor
Toronto, ON M5J 2Y1
Pay the appropriate exercise price, in Canadian dollars, for the number of shares the investor has subscribed for, either by certified cheque or bank draft (Canadian Funds). Alternate payment instructions can be obtained by contacting or toll free to Investor Relations 1-866-688-0808.
Should a warrant holder not have the share purchase warrant certificate, the holder should check with the broker or nominee with whom the share certificates and warrant certificate were delivered upon issuance.
Upon surrender of the warrant certificate and receipt of payment, Nevada Geothermal Power Inc. shall issue the warrant holder, or such other person or persons as the warrant holder may direct, the number of shares subscribed for and will deliver to the warrant holder, at the address set forth on the subscription form, a certificate or certificates evidencing the number of shares subscribed for.
Q
I have lost my stock certificate for NGP. How do I replace the original certificate?
A
Contact the transfer agent:
Computershare Trust Company of Canada at:
By Phone - 1-800-564-6253 (toll free North America- Int'l 514-982-7555)
By Fax - 1-866-249-7775 (toll free North America- Int'l 416-263-9524)
By Regular Mail - Computershare Investor Services Inc.
100 University Avenue
9th Floor
Toronto, ON M5J 2Y1
Q
What is geothermal energy?
A
Geothermal energy, is literally 'heat from the earth'. Geothermal reservoirs of super-heated water occur in regions of high heat flow and fractured, permeable rock formations. Fractures in the earth's crust allow hot groundwater to rise towards the surface where it may become sealed by impermeable rock. Surface manifestations of geothermal reservoirs include hot springs and geysers.
Q
How does geothermal energy become electricity?
A
To access the hot water resource, production wells are typically drilled 4000 to 8000 feet below the surface. Water with temperatures of 250° to 450° F is brought to the surface where it is flashed to steam. The steam is then used to drive the turbines to generate electricity; the residual water is cooled and re-injected underground to recharge the reservoir.
Q
Is geothermal energy a proven source of power?
A
Yes, globally, there is over 8000 megawatts of installed geothermal capacity in 21 countries producing 49,000 giga-watt-hours of electricity per year, enough to supply 30 million people.
Q
Are there geothermal power installations in the United States?
A
Yes, geothermal power already constitutes approximately 5% of California and Nevada's electrical power supply. The geysers in California have been producing clean renewable electrical power for 40 years.
Q
What is the geothermal power capacity of the United States?
A
Nearly 2,800 megawatt (MW) of geothermal power, producing 14 to 17 billion kilowatts-hours per year of electricity, worth about $1 billion in annual utility sales, are generated in the states of California, Nevada, Hawaii and Utah.
Q
How is the US Federal Government facilitating the development of new geothermal projects?
A
In January 2000, "GeoPowering the West", was launched to expand the production of geothermal energy activities in 19 western states. The goals of the initiative include:
Supplying at least 10 percent of the electricity needs of the west by 2020 with 20,000 megawatts of geothermal energy installed;
Supplying the electric power of heating needs of at least seven million homes through geopower by 2010, and
Q
Is geothermal capacity expected to increase in Nevada?
A
Yes, Nevada has recently adopted policies to increase renewable energy production in the state. In 2001, Nevada Legislature passed the Renewable Energy Law requiring Utilities to obtain a percentage of their total electric power sales from renewable energy such as geothermal. The regulations require every utility to derive 6% of electrical power sales from renewables by the end of 2006 rising to 20% by 2015. The State of California has similar legislation.
Q
How many geothermal power plants are in the State of Nevada?
A
Currently, there are 12 producing geothermal sites in Nevada with outputs ranging from 2.2 - 62 MW. Geothermal plant capacity for the State was 308.9 MW for 2007.
Q
Is geothermal energy environmentally friendly?
A
Yes, there are comparatively minute quantities of gases (such as carbon dioxide) emitted from geothermal electric power plants. Gaseous emissions from geothermal power plants can be considered essentially 'net zero'.
Q
Is energy from a geothermal reservoir sustainable?
A
To date not a single geothermal field has been exhausted, although reservoir pressures and temperatures have slowly declined in response to production. Typically geothermal power plants have a 30 to 50 year life span before equipment needs to be replaced. The world's first geothermal power plant at Larderello, Italy, built in 1904, is still producing. The geysers in California have been in production since the early 1960's.
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