Magma Energy Announces Release Date for 2010 Second Quarter Results


Vancouver, B.C., Canada, January 28, 2010 -- Magma Energy Corp. (TSX:MXY) today announced that its 2010 second quarter results will be released on Tuesday, February 9, 2010 after markets close. A conference call and live audio webcast to discuss the results will be held on Wednesday, February 10, 2010 at 11:30 am ET (8:30 am PT).

Q2 2010 Results Conference Call and Webcast Information

Date: Wednesday, February 10, 2010

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

Dial-In Numbers:
 North American toll-free number:1-877-240-9772
 Switzerland and United Kingdom toll-free number:00-800-2787-2090
 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:

Playback Available for One Week Following the Call:
 North American and International:1-416-695-5800 / 1-800-408-3053
 Replay Pin Number:5174721

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