SOURCE: Ram Power, Corp.

Ram Power, Corp.

June 18, 2013 17:25 ET

Ram Power Announces Results of Annual and Special Meeting

RENO, NV--(Marketwired - Jun 18, 2013) - 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:

Director   Number of Shares   Percentage of Votes Cast (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.

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