RENO, NV -- (Marketwired) -- 06/18/13 -- Ram Power, Corp. (TSX: RPG) ("Ram Power" or the "Company"), a renewable energy company focused on the development, production and sale of electricity from geothermal energy, is pleased to announce that all resolutions were passed at the Company's annual and special meeting (the "Meeting") held today.
In addition to the election of each of the nominee directors discussed in detail below, at the Meeting the number of directors of the Company were set at six, Deloitte & Touche LLP were re-appointed auditors of the Company and the resolutions to amend the Company's articles to increase the quorum requirements for shareholder meetings and to institute an advance notice provision were all approved.
Election of Directors
According to proxies received and a vote by ballot, the six nominees set forth in the management information circular of the Company dated May 10, 2013 were elected as directors of the Company to hold office until the close of the next annual meeting of the Company's shareholders.
The following are the voting results on this matter:
Percentage of Votes Cast
Director Number of Shares (rounded)
Votes For: Votes Withheld: Votes For: Votes Withheld:
Mario Arana 135,428,775 3,682,519 97.35 2.65
Daryl S. Clark 135,476,083 3,635,211 97.39 2.61
Erik Friedman 133,304,317 5,806,977 95.83 4.17
James V. Lawless 107,059,922 32,051,372 76.96 23.04
Antony Mitchell 130,315,335 8,795,959 93.68 6.32
A. Murray Sinclair 100,455,767 38,655,527 72.21 27.79
About Ram Power, Corp.
Ram Power is a renewable energy company 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.
Cautionary Statements
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 not to 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.
Steven Scott
Director of Investor Relations
Ram Power, Corp.
Phone: 775-398-3711
Email: Email Contact
www.ram-power.com
