Magma to acquire initial stake in Icelandic Geothermal Company HS Orka Oct 19, 2009Magma Energy Corp.has agreed, subject to regulatory approval, to a private placement of 11,652,639 shares at a price of $1.85 per share to raise
Magma Energy to acquire 32.32% of Iceland Geothermal Energy Sep 2, 2009Magma Energy Corp. has signed an agreement to acquire 32.32% of Iceland geothermal company HS Orka hf (HS Orka) from Reykjavik Energy (RE) and two other HS Orka shareholders.
Magma Energy acquires interest in Icelandic Geothermal Energy Producer Jul 27, 2009Magma Energy Corp. has signed an agreement to acquire from Geysir Green Energy a minority interest in HS Orka, a large producing geothermal company in Iceland.