Forward Looking Statements

Certain of the statements made may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. We do not expect to update forward-looking statements continually as conditions change and you are referred to the full discussion of the Company's business contained in the Company's current SB-2 registration statement. US Geothermal Inc. (formerly US Cobalt Inc. shares (Symbol: USC) are listed on the Over the Counter Bulletin Board and the TSX Venture Exchange.