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Magma Energy Revises Release Date For 2010 Second Quarter Results


Vancouver, B.C., Canada, February 2, 2010 - Magma Energy Corp. (TSX:MXY) today announced that its 2010 second quarter results will be released on Monday, February 15, 2010 after markets close. A conference call and live audio webcast to discuss the results will be held on Tuesday, February 16, 2010 at 11:30 am ET (8:30 am PT).

Q2 2010 Results Conference Call and Webcast Information

Date:Tuesday, February 16, 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

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