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Magma Energy Announces Release Date For 2010 Third Quarter Results

05/03/2010


Vancouver, B.C., Canada, May 3, 2010 -- Magma Energy Corp. (TSX:MXY) today announced that its 2010 third quarter results will be released on Monday, May 17, 2010 before markets open. A conference call and live audio webcast to discuss the results will be held on Monday, May 17, 2010 at 10:00 am ET (7:00 am PT).

Q3 2010 Results Conference Call and Webcast Information

Date: Monday, May 17, 2010

Time: 10:00 am Eastern Time -- 7:00 am Pacific Time

Dial-In Numbers:
North American toll-free number: 1-877-240-9772
Switzerland and United Kingdom toll-free number: 00 800-9559-6849
International toll number: 1-416-340-8527
UAE: please contact Magma Energy for dial-in details

Audio Webcast:
A live audio webcast can be accessed at:
http://www.investorcalendar.com/IC/CEPage.asp?ID=154644

Playback Available for One Week Following the Call:
North American and International: 1-416-695-5800 / 1-800-408-3053
Replay Pin Number: 4830182


About Magma Energy Corp:

Magma Energy Corp. is a geothermal power company which operates, develops, explores and acquires geothermal energy projects. We have an extensive portfolio of properties throughout the western United States, Iceland and Latin America, including one operating power plant in Nevada and an interest in two other operating power plants in Iceland.


For further information please contact:
Alison Thompson, Vice President, Corporate Relations
Magma Energy Corp.
Phone: 604.646.1882
Email: athompson@magmaenergycorp.com