SRA Stria Lithium Inc

Sierra Geothermal Power Corp. (TSX VENTURE:SRA) ("Sierra") and Ram Power, Corp.
(TSX:RPG) ("Ram Power") are pleased to announce that, in accordance with the
letter of intent previously announced on June 1, 2010, they have entered into a
definitive arrangement agreement whereby Ram Power will acquire all the issued
and outstanding common shares of Sierra.


Under the terms of the transaction, which is structured as a plan of arrangement
pursuant to the Business Corporations Act (British Columbia), each common share
of Sierra will be exchanged for 0.0833333 of a common share of Ram Power, and
all options and warrants of Sierra will become exercisable for options and
warrants of Ram Power on a basis equivalent to the exchange ratio. Upon closing
of the transaction, Ram Power is expected to issue approximately 11.13 million
common shares to the current shareholders of Sierra. The transaction is expected
to close during the third quarter of 2010 and is subject to there being at least
$2.9 million of working capital of Sierra at closing, receipt of TSX and TSXV
approval, the approval of the common shareholders of Sierra at a shareholders
meeting to be scheduled for late August 2010, and court approval.


Ram Power has also received voting agreements from Skyberry Holdings Ltd.,
Exploration Capital Partners 2005 Limited Partnership in which each of those
shareholders have agreed to vote their shares of Sierra in favour of the
transaction at the upcoming special meeting of Sierra shareholders which will be
called to approve the transaction. In the aggregate, those shareholders hold
approximately 23.7 million common shares of Sierra representing approximately
17.8% of the issued and outstanding shares of Sierra.


Gary Thompson, Sierra's President, Chief Executive Officer and Executive
Director, stated, "We are pleased to have formalized an arrangement agreement
between Ram Power and Sierra. We believe that Sierra shareholders will benefit
from this transaction by owning shares of a well capitalized company, a solid
pipeline of properties, excellent growth potential and increased liquidity. We
also see this deal as a positive for the geothermal sector in general. This deal
has full support of the Sierra's Board of Directors, Special Committee and
Management. The next business item for us is to provide shareholders with an
information circular."


"Raymond James Ltd. has rendered a fairness opinion to the Board of Directors of
Sierra dated July 6, 2010 that the consideration to be received by shareholders
of Sierra pursuant to the transaction is fair, from a financial point of view,
to such shareholders."


Hezy Ram, Chief Executive Officer, stated, "The arrangement agreement represents
an important milestone in the growth of Ram Power as well as the consolidation
of the geothermal power industry. From the beginning, Ram Power set out to be
the market leader in geothermal power, and the Sierra acquisition is expected to
contribute to the synergistic advantages we are seeking in our portfolio of
properties."


The definitive agreement includes a commitment by Sierra not to solicit
alternative transactions. Each company has agreed to pay a termination fee of
$1.5 million to the other party under certain circumstances. In addition, Ram
Power has the right to match any unsolicited competing offer which may be made.
A full copy of the definitive agreement will be filed by each of Ram Power and
Sierra with the Canadian securities regulatory authorities and will be available
at www.sedar.com. In addition, a detailed description of the agreement will be
included in the management information circular which will be mailed to Sierra
shareholders later this month.


ABOUT RAM POWER, CORP.

Ram Power is a renewable energy company based in Reno, Nevada, engaged in the
business of acquiring, exploring, developing, and operating geothermal
properties and has interest in geothermal projects in the United States, Canada,
and Latin America.


ABOUT SIERRA GEOTHERMAL POWER CORP.

Sierra is a Vancouver-based geothermal energy company focused on the exploration
and development of clean, sustainable power in Western North America. Sierra has
100% control over its 120,000 acre portfolio of geothermal properties in Nevada,
California and British Columbia. Sierra's projects have a combined total
estimated capacity of almost 400MW.


On behalf of the Board of Directors

Gary Thompson, P.Geo, President, Chief Executive Officer and Director

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This press release contains forward-looking statements. Forward-looking
statements are projections of events, revenues, income, future economic
performance or plans and objectives for future operations. In some cases you can
identify forward-looking statements by the use of terminology such as "may",
"should", "anticipates", "believes", "expects", "intends", "forecasts", "plans",
"future", "strategy", or words of similar meaning. Forward-looking statements in
this press release include statements about the proposed transaction, the
expected date of entering into definitive agreements and the benefits the
transaction might bring to Ram Power, Sierra and their respective shareholders.
While these forward-looking statements and any assumptions upon which they are
based are made in good faith and reflect the current judgment of management at
both Ram Power and Sierra, actual results will almost always vary, sometimes
materially, from any estimates, predictions, projections, assumptions or other
forward-looking information suggested in this press release. These statements
are only predictions and involve known and unknown risks, uncertainties and
other factors, including the risks that the companies are unable to negotiate a
mutually acceptable agreement, the risk that they cannot obtain the consents
that may be required in order to consummate the transaction, the risk of adverse
changes to either company or the industry in which they operate, as well as the
general business risks described in the periodic disclosure documents filed by
Ram Power and Sierra on SEDAR, copies of which are available at www.sedar.com.
Any of these risks could cause actual results or achievements to be materially
different from those that are expressed or implied by the forward-looking
statements contained in this press release. Except as required by applicable
law, neither of Ram Power or Sierra intends to update any of the forward-looking
statements to conform these statements to actual results.

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