Thu, August 19, 2010
Wed, August 18, 2010
Tue, August 17, 2010
Mon, August 16, 2010
Sat, August 14, 2010
Fri, August 13, 2010

Magma Energy Completes Purchase of a Further Interest in Icelandic Geothermal Energy Producer HS Orka

 - payment today of 3,871,195,513 Icelandic Kroner ("ISK") (approximately US $32.3 million); - issuance today of 24,808,569 subscription receipts of Magma Energy Corp.; and - payment on November 30, 2010 of approximately 3,062,612,586 ISK (approximately US $25.6 million), subject to certain interest adjustments.