Posts tagged: resources

Magma Energy heats up geothermal with $87M IPO

Canadian geothermal power company Magma Energy has raised C$100 million ($87 million) from investors in an initial public offering. The company has one operating power plant in Nevada, four advanced-stage exploration properties and 14 early-stage exploration properties in the western United States and South America. Magma sold 66.667 million shares at C$1.50 each, in a […]

Saturday October 17th, 2009 in , , , , | No Comments »