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Press release from PR Newswire

MAGMA ENERGY ANNOUNCES RELEASE DATE FOR 2011 THIRD QUARTER RESULTS

Monday, May 02, 2011

MAGMA ENERGY ANNOUNCES RELEASE DATE FOR 2011 THIRD QUARTER RESULTS08:30 EDT Monday, May 02, 2011 VANCOUVER, May 2 /PRNewswire/ - Magma Energy Corp. (TSX: MXY) today announced that its 2011 third quarter results will be released on Thursday, May 12th , 2011 after markets close. A conference call and live audio webcast to discuss the results will be held on Friday, May 13th, 2011 at 11:30 am ET (8:30 am PT). Fiscal Year 2011 Q3 Results Conference Call and Webcast Information Date: Friday, May 13, 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=3506580 Playback Available for One Week Following the Call: North American and International: 1-800-642-1687 / 1-416-849-0833 Replay Pin Number: 6353 9361 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, Italy and Latin America, including one operating power plant in Nevada and two in Iceland. SOURCE Magma Energy Corp.For further information: <p> Anders Kruus, Vice President, Corporate Relations<br/> Magma Energy Corp.<br/> Phone: 604.646.1882<br/> Email: <a href="mailto:akruus@magmaenergycorp.com" cr="true">akruus@magmaenergycorp.com</a> </p>