BOISE, Idaho, June 07, 2017 (GLOBE NEWSWIRE) -- 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, today
announced that Jonathan Zurkoff, Executive VP, Finance and Treasurer, is scheduled to present at the 2017 Marcum Microcap
Conference in New York, NY on Thursday, June 15, 2017 at 10:00 a.m. (ET).
The 2017 Marcum Microcap Conference is scheduled to take place at the Grand Hyatt New York Hotel on June 15-16,
2017.
About U.S. Geothermal Inc.:
U.S. Geothermal Inc. is a leading and profitable renewable energy company focused on the development, production and sale of
electricity from geothermal energy. The Company is currently operating geothermal power projects at Neal Hot Springs, Oregon, San
Emidio, Nevada and Raft River, Idaho for a total power generation of approximately 45 MWs. The Company is also developing an
additional estimated 115 MWs of projects at: the Geysers, California; a second phase project at San Emidio, Nevada; at Crescent
Valley, Nevada; and the El Ceibillo project located near Guatemala City, Guatemala. U.S. Geothermal’s growth goal is to reach over
200 MWs of generation by 2021 through a combination of internal development and strategic acquisitions.
Please visit our Website at: http://www.usgeothermal.com
About Marcum:
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major
business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a
full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive
range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high
net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family
businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services. For
more information, visit www.marcumllp.com.
The information provided in this news release may contain forward-looking statements within the definition of
the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. Readers are cautioned to review the risk
factors identified by the company in its filings with United States Securities and Exchange Commission. All statements, other than
statements of historical fact, included herein, without limitation, statements relating to the future operating or financial
performance, development schedules or estimated resources of U.S. Geothermal, are forward-looking statements. Forward-looking
statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends",
"estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may",
"could", or "should" occur or be achieved. These forward-looking statements may include statements regarding perceived merit of
properties; interpretation of the results of well tests; project development; resource megawatt capacity; capital expenditures;
timelines; strategic plans; or other statements that are not statements of fact. Forward-looking statements involve various risks
and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ
materially from U.S. Geothermal's expectations include the uncertainties involving the availability of financing in the debt and
capital markets; uncertainties involved in the interpretation of results of well tests; the need for cooperation of government
agencies in the development and operation of properties; the need to obtain permits and governmental approvals; risks of
construction; unexpected cost increases, which could include significant increases in estimated capital and operating costs; and
other risks and uncertainties disclosed in U.S. Geothermal's Annual Report on Form 10-K for the year ended December 31, 2016 filed
with the United States Securities and Exchange Commission and Canadian securities regulatory authorities and in other U.S.
Geothermal reports and documents filed with applicable securities regulatory authorities from time to time. Forward-looking
statements are based on management’s expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc.
assumes no obligation to update forward-looking statements if management’s expectations, beliefs, or opinions, or other factors,
should change.
The NYSE MKT does not accept responsibility for the adequacy of this release.
FOR ADDITIONAL INFORMATION PLEASE CONTACT:
Scott Anderson – Director of Investor Relations and Corporate Communications
U.S. Geothermal Inc.
Tel: 208-424-1027
Fax: 208-424-1030
sanderson@usgeothermal.com
