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Press release from CNW Group

MAGMA ENERGY ANNOUNCES RELEASE DATE FOR 2010 AUDITED YEAR END RESULTS

Tuesday, September 21, 2010

MAGMA ENERGY ANNOUNCES RELEASE DATE FOR 2010 AUDITED YEAR END RESULTS09:00 EDT Tuesday, September 21, 2010VANCOUVER, Sept. 21 /CNW/ - Magma Energy Corp. (TSX:MXY) today announced that its audited 2010 year end results and Annual Information Form will be released on Tuesday, September 28, 2010 after markets close. A conference call and live audio webcast to discuss the results will be held on Wednesday, September 29, 2010 at 11:30 am ET (8:30 am PT). << Fiscal Year End 2010 and Q4 Results Conference Call and Webcast --------------------------------------------------------------- Information ----------- Date: Wednesday, September 29, 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) 800-1234-4567 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=161489 Playback Available for One Week Following the Call: North American and International: 1-416-695-5800 / 1-800-408-3053 Replay Pin Number: 3548841 >> 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 two in Iceland.For further information: Alison Thompson, Vice President, Corporate Relations, Magma Energy Corp., Phone: 604.646.1882, Email: athompson@magmaenergycorp.com