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U.S. Geothermal (HTM) Announces One-for-Six Reverse Stock Split

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U.S. Geothermal Inc. Announces 1-for-6 Share Consolidation

October 31, 2016 9:01 AM EDT

BOISE, IDAHO -- (Marketwired) -- 10/31/16 -- U.S. Geothermal Inc. (the "Company") (NYSE MKT: HTM), a leading and profitable renewable energy company focused on the development, production, and sale of electricity from geothermal energy, announced today that its Board of Directors has approved a 1-for-6 share consolidation, otherwise referred to as a reverse stock split, of its issued and outstanding shares of common stock. The 1-for-6 share consolidation will be effective upon the filing and effectiveness of a Certificate of Amendment to the Company's Certificate of Incorporation after market close on November 9, 2016. Shares... More