Canadian Geothermal Energy Association (CanGEA) Geothermal Reporting Code
Investment Seminar and Reception - Groundbreaking success

CALGARY, March 4 /CNW/ - The Canadian Geothermal Energy Association (CanGEA) would like to thank the speakers and attendees who participated in the Geothermal Code Investment Seminar and Reception, March 3rd, 2010, in Toronto, Ontario making this event a tremendous success.

The day began with CanGEA and some of its members joining Ungad Chadda, Senior Vice President, Toronto Stock Exchange to open the market celebrating the launch of the Canadian Geothermal Code for Public Reporting.

After a short break The Geothermal Code Investment Seminar and Reception commenced which brought together investors, financiers and key stakeholders in the geothermal power industry, offering attendees a clear perspective of how the code will affect businesses in the geothermal community by implementing concise guidelines and infusing clarity to the process of public reporting of geothermal resources and reserves.

The seminar provided attendees with a complete overview of the Geothermal Code aimed at improving investor confidence in the geothermal energy industry. Speakers addressed the technical and financial implications of code presenting attendees with a clear vision on how the code will enhance the geothermal industry and companies listed on the Canadian exchanges.

Notable attendees included: Magma Energy Corp., Sierra Geothermal Power Corp., Borealis GeoPower Inc., Caldera Geothermal, Enbridge Inc., Mannvit Engineering, Nexen, Borden Ladner Gervais LLP, and more.

CanGEA would also like to thank our sponsors Think GeoEnergy and CNW Group.

About CanGEA

CanGEA is a national industry association that works on behalf of our members to promote publicly listed companies on the Canadian exchanges as well as to facilitate the responsible and sustainable growth of high temperature geothermal energy in Canada, which, we believe, can provide competitive, emissions free, renewable, base-load energy to Canadians and export markets.

For further information: The Canadian Geothermal Energy Association, Nicole Robson, Marketing and Membership Director, [email protected], www.cangea.ca