MAGMA ENERGY ANNOUNCES HS ORKA'S RELEASE OF MID YEAR FINANCIAL RESULTS

VANCOUVER, Aug. 31 /CNW/ - Magma Energy Corp. (TSX: MXY) reports that Icelandic geothermal company HS Orka hf ("HS Orka"), held 84.21% by Magma Energy, today released its audited financial and operating results for the six months ended June 30, 2010. These results may be accessed at:

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