Magma Energy secures $20m for HS Orka purchase
Canadian geothermal developer Magma Energy has agreed a private placement of nearly 11.7 million shares, which will generate net proceeds of C$20.8m ($20m) to finance its initial investment in Icelandic geothermal company HS Orka.
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Forgot your password?Published: Thursday, October 15 2009 | Last updated: Friday, October 16 2009