development of geothermal energy

Geothermal energy is an environmentally friendly, renewable power source for the Generation of sustainable electrical power

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Message: NR business consolidation of WWestern and Polaris into RAM
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what happened to GTO as mentioned in the 7/16 NR?

GTO Resources Inc. (NEX:GTR.H) ("GTO"), Polaris Geothermal Inc. ("Polaris") (TSX:GEO), Western GeoPower Corp. ("Western") (TSX VENTURE:WGP) and Ram Power, Inc., a private Delaware corporation ("Ram") are pleased to announce that they have entered into a letter of intent dated July 14, 2009 ("LOI") with respect to a proposed business combination to create a new, publicly-traded geothermal power company (the "Transaction"). The LOI is in addition to the letter of intent with Ram announced by GTO on June 30, 2009.

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