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Sierra Geothermal reports for the year 2009

Sierra Geothermal reports for the year 2009 Snapshot of Sierra Geothermal Power presentation
Alexander Richter 30 Apr 2010

Sierra Geothermal Power releases results for 2009.

In a press statement, “Sierra Geothermal Power Corp. announced the release of its financial results for the year ended December 31, 2009.

For the year ended December 31, 2009, SGP reported a net loss of $2,954,675 or ($0.03) per share compared to a net loss of $3,930,023 or ($0.06) per share for the year ended December 31, 2008.

As of December 31, 2009, SGP had cash and short-term investments of $8,260,320 and working capital of $6,664,549 compared to cash and short-term investments of $3,777,687 and working capital of $4,039,809 as at December 31, 2008.

The full text of the Company’s audited financial statements and management’s discussion and analysis is available on the SEDAR website at www.sedar.com.”

Source: Marketwire