Magma Energy to Acquire Up to 32.32% of Iceland’s HS Orka

In Vancouver, BC, Magma Energy Corp. said that it is the preferred bidder to acquire up to 32.32% of Iceland geothermal company HS Orka through auction. Coupled with a July notice that Magma was to acquire a 10.78% of HS Orka, Magma would hold a 43.1% direct interest in HS Orka if the deals close and an optio