Magma Energy Corp. - News Releases - Magma Energy Sponsors The National Olympic And Sports Association Of Iceland For The Winter Olympic Games In Vancouver 2010

	December 23, 2009 Magma Energy Sponsors The National Olympic And Sports Association Of Iceland For The Winter Olympic Games In Vancouver 2010
	Vancouver, B.C., Canada, December 23, 2009 - Magma Energy Corp. (TSX:MXY) Magma Energy Corp. is pleased to announce that it will be an official sponsor of the National Olympic and Sports Association of Iceland for the Winter Olympic Games in Vancouver 2010. CEO and Chairman of Magma Energy, Ross Beaty, commented, "We recently completed a transaction to gain a 43.1% interest in Iceland's largest privately held geothermal operation, HS Orka. Magma Energy is committed to a long term relationship with the country of Iceland and we are really pleased to have this unique opportunity to support the Icelandic Olympic team in our home-town of Vancouver during the Olympic Games." For further information please contact: Alison Thompson, Vice President, Corporate Relations Magma Energy Corp. Phone: 604.646.1882 Email:

	You can view the Next News Releases item: Wed Jan 6, 2010, Magma Energy Reports Successful Soda Lake Flow Test You can view the Previous News Releases item: Mon Dec 14, 2009, Magma Energy Completes Purchase of a Further 32% Interest in Icelandic Geothermal Energy Producer and Establishes Geothermal Reserves and Resources Totalling 815 MW at HS Orka's Properties You can return to the main News Releases page, or press the Back button on your browser.