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Press release from CNW Group

MAGMA ENERGY ANNOUNCES RELEASE DATE FOR 2011 SECOND QUARTER RESULTS

Thursday, February 03, 2011

MAGMA ENERGY ANNOUNCES RELEASE DATE FOR 2011 SECOND QUARTER RESULTS08:45 EST Thursday, February 03, 2011VANCOUVER, Feb. 3 /CNW/ - Magma Energy Corp. (TSX:MXY) today announced that its 2011 second quarter results will be released on Monday, February 14th, 2011 after markets close.  A conference call and live audio webcast to discuss the results will be held on Tuesday, February 15th, 2011 at 11:30 am ET (8:30 am PT).Fiscal Year 2011 Q2 Results Conference Call and Webcast InformationDate: Tuesday, February 15, 2011 Time: 11:30 am Eastern Time - 8:30 am Pacific Time Dial-In Numbers: North American toll-free number:1-888-231-8191 Switzerland toll-free number:0-800-835-354   United Kingdom toll-free number:   0-800-051-7107 Audio Webcast: A live audio webcast can be accessed at: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3371940 Playback Available for One Week Following the Call: North American and International:1-800-642-1687 / 1-416-849-0833 Replay Pin Number:3728 8429About 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