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GREENEARTH ENERGY LIMITED - ASX: GER
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Description
Greenearth Energy Limited is an Australian Geothermal energy company that aims to explore for and develop geothermal resources in Australia, Indonesia, and in due course the wider Pacific Rim.
Geothermal energy is being increasingly recognised as having the potential to deliver, clean, reliable and renewable energy that is capable of a wide range of uses with very low or no greenhouse gas emissions.
The company was awarded 3 geothermal exploration permits (GEPs) in May 2007 by the Victorian Government covering 18,795 km2. The permits are located in the Latrobe valley/Gippsland Area (GEP12 & 13) and the Bellarine Peninsula/Surf Coast Shire/Geelong/Daylesford Area (GEP 10).
The Board and Management thank those investors who supported our Initial Public Offer and welcome you as shareholders. A total of $10.03 million was raised under the prospectus with shares issued at 30 cents per share. The company listed on the Australian Stock Exchange on the 4 February 2008 with the stock code of GER.
Mine For
geothermal
Location of operation(s)
Indonesia, Victoria
Address
Level 11, 500 Collins Street
MELBOURNE, VIC, AUSTRALIA
Phone
(03) 9620 7299
Website
http://www.greenearthenergy.com.au
Last Updated
15/03/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.