HS Orka hf.
Magma Energy Completes Purchase of a Further Interest in Icelandic Geothermal Energy Producer HS Orka
HS Orka hf. / 18.08.2010 10:44 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced in a press release dated May 17, 2010. News Source: NASDAQ OMX 18.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: HS Orka hf. Iceland Phone: Fax: E-mail: Internet: ISIN: IS0000010809 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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