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Ram Power, Corp. announces closing of C$50.9 million Senior Debenture Private Placement

Ram Power, Corp. announces closing of C$50.9 million Senior Debenture Private 
Placement 
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ 
, March 27, 2013 /CNW/ - 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, announced today that it 
successfully closed a C$50.9 million Senior Debenture Private Placement (the 
"Private Placement"). 
The Company issued a total of 50,855 units (the "Units") at a price of C$1,000 
per Unit for gross proceeds of C$50,855,000. Each Unit consists of a C$1,000 
secured debenture of the Company (each a "Debenture") and 1,000 share purchase 
warrants (each common share purchase warrant, a "Warrant"). The Debentures are 
at an interest rate of 8.5% per annum payable semi-annually with a maturity 
date of March 27, 2018. Each Warrant entitles the holder to acquire one common 
share of the Company at a price of C$0.30 until March 27, 2018. The Private 
Placement was marketed by Cormark Securities Inc. on behalf of the Company on 
a best efforts agency basis. 
The net proceeds of the Private Placement, together with approximately C$4 
million of the Company's funds, were used to repay in full the Company's 
existing corporate credit facility and associated transaction costs. 
Antony Mitchell, Executive Chairman of Ram Power, stated, "The board of 
directors for the Company continues to seek out and achieve critical 
milestones to enhance shareholder value. The new debenture issuance enhances 
long-term cash flow at the parent level while we continue to develop our 
portfolio of projects in Nicaragua. Additionally, I would like to thank the 
tremendous amount of support for the Company from both new debenture holders 
as well as our existing Corporate Credit Facility lenders Sprott Resource 
Lending Partnership, Exploration Capital Partners 2008 Limited Partnership and 
Newberry International Holdings Ltd." 
THIS PRESS RELEASE IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED 
STATES. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT 
REGISTRATION OR AN EXEMPTION FROM REGISTRATION. THERE WILL BE NO PUBLIC 
OFFERING OF THE SECURITIES IN THE UNITED STATES. 
THE SECURITIES DESCRIBED HEREIN HAVE NOT BEEN REGISTERED UNDER THE U.S. 
SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE 
UNITED STATES UNLESS REGISTERED THEREUNDER OR UNLESS AN EXEMPTION FROM 
REGISTRATION IS AVAILABLE. THIS PRESS RELEASE IS FOR INFORMATION PURPOSES ONLY 
AND DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS AN 
OFFER OR AN INVITATION TO SELL, OR ISSUE OR THE SOLICITATION OF ANY OFFER TO 
BUY OR SUBSCRIBE FOR, ANY SECURITIES. 
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 Statement 
This news release contains certain "forward-looking information" which may 
include, but is not limited to, statements with respect to future events or 
future performance, management's expectations regarding the Company's growth, 
results of operations, estimated future revenues, requirements for additional 
capital, revenue and production costs, future demand for and prices of 
electricity, business prospects and opportunities. In addition, statements 
relating to estimates of recoverable geothermal energy "reserves" or 
"resources" or energy generation are forward-looking information, as they 
involve implied assessment, based on certain estimates and assumptions, that 
the geothermal resources and reserves described can be profitably produced in 
the future. Such forward-looking information reflects management's current 
beliefs and is based on information currently available to management. Often, 
but not always, forward-looking statements can be identified by the use of 
words such as "plans", "expects", "is expected", "budget", "scheduled", 
"estimates", "forecasts", "predicts", "intends", "targets", "aims", 
"anticipates" or "believes" or variations (including negative variations) of 
such words and phrases or may be identified by statements to the effect that 
certain actions "may", "could", "should", "would", "might" or "will" be taken, 
occur or be achieved. A number of known and unknown risks, uncertainties and 
other factors may cause the actual results or performance to materially differ 
from any future results or performance expressed or implied by the 
forward-looking information. Such factors include, among others, general 
business, economic, competitive, political and social uncertainties; the 
actual results of current geothermal energy production, development and/or 
exploration activities and the accuracy of probability simulations prepared to 
predict prospective geothermal resources; changes in project parameters as 
plans continue to be refined; possible variations of production rates; failure 
of plant, equipment or processes to operate as anticipated; accidents, labor 
disputes and other risks of the geothermal industry; political instability or 
insurrection or war; labor force availability and turnover; delays in 
obtaining governmental approvals or in the completion of development or 
construction activities or in the commencement of operations; as well as those 
factors discussed in the section entitled "Risk Factors" in the Company's 
Annual Information Form. These factors should be considered carefully and 
readers of this news release should not place undue reliance on 
forward-looking information. 
Although the forward-looking information contained in this news release is 
based upon what management believes to be reasonable assumptions, there can be 
no assurance that such forward-looking information will prove to be accurate, 
as actual results and future events could differ materially from those 
anticipated in such information. Accordingly, readers should not place undue 
reliance on forward-looking information. Such forward-looking information is 
made as of the date of this news release. Other than as required by applicable 
securities laws, Ram Power assumes no obligation to update or revise the 
information contained in this news release to reflect new events or 
circumstances. 
Steven Scott, Director of Investor Relations Ram Power, Corp. Phone: 
775-398-3711 Email:sscott@ram-power.com www.ram-power.com 
SOURCE: Ram Power, Corp. 
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CO: Ram Power, Corp.
NI: OIL PVT  
-0- Mar/27/2013 16:23 GMT