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Investor Relations

NEWS RELEASES

NEWS ARTICLES 16-18 OF 27
13.04.2009
Western GeoPower Announces Acting Chairman
 VANCOUVER, Canada, April 13, 2009, TSX Venture Exchange Trading Symbol: WGP – Western GeoPower Corp., a renewable energy company, today announced the appointment of John Copeland as Acting Chairman of the Board of Directors of Western GeoPower.

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30.01.2009
Western GeoPower Extends Repayment Date For Promissory Notes
VANCOUVER, Canada, January 30, 2009, TSX Venture Exchange Trading Symbol: WGP – Western GeoPower Corp., a renewable energy company, today announced that Kenneth MacLeod, the President and Chief Executive Officer of the company, has agreed to extend the repayment date for $400,000 in promissory notes owed by the Company to Mr. MacLeod. The promissory notes will now be repayable in December of 2010 subject to early repayment in the event of a default. The promissory notes will now mature at the same date as the Company’s US$11 million Secured Loan Facility as announced November 10, 2008. In consideration for agreeing to extend the repayment date of the promissory notes, the company will, subject to the approval of the TSX Venture Exchange, issue to Mr. MacLeod, 592,593 common shares of the company. The common shares will be subject to a four month hold period from their date of issuance.

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26.01.2009
Western GeoPower Secures Additional Us$11 Million Secured Loan Facility
VANCOUVER, Canada, January 26, 2009, TSX Venture Exchange Trading Symbol: WGP – Western GeoPower Corp., a renewable energy company, today announced that it has entered into a new US$11 million secured loan facility. Under the terms of the loan facility the initial tranche of US$7 million will be available to the company upon receipt of approval of the TSX Venture Exchange for the issuance of warrants and the payment of certain lending fees and expenses. The second tranche of US$4 million will be available to the company when all conditions precedent to that tranche have been met, including the perfection of security, the discharge of any liens other than permitted liens, payment of certain lending fees and expenses, and that no event of default then exists. Interest will be payable at a rate of 1% for the first six months, 1.25% for the second six months and 1.5% thereafter.

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