Magma Energy Corp Announces Release Date For 2010 First Quarter Results


Vancouver, B.C., Canada, November 5, 2009 - Magma Energy Corp. (TSX:MXY) today announced that its 2010 first quarter results will be released on Friday, November 13, 2009 after markets close. A conference call and live audio webcast to discuss the results will be held on Monday, November 16, 2009 at 11:30 am ET (8:30 am PT).

Q1 2010 Results Conference Call and Webcast Information

Date: Monday, November 16, 2009

Time: 11:30 am Eastern Time -- 8:30 am Pacific Time

Dial-In Numbers
North American toll-free number: 1-877-240-9772
International toll number: 1-416-340-8527

Audio Webcast
A live audio webcast can be accessed at:

North American and International toll number: 1-416-695-5800

Replay Pin Number: 3361863
Playback available for one week following the call

About Magma Energy Corp.

Magma Energy Corp. is a geothermal power company which is actively engaged in operating, developing, exploring and acquiring geothermal energy projects. We currently have one operating power generation plant (the Soda Lake Operation in Nevada), and an extensive portfolio of exploration properties throughout the western United States, Chile, Argentina, Nicaragua and Peru.

For further information please contact:
Alison Thompson, Vice President, Corporate Relations
Magma Energy Corp.
Phone: 604.646.1882