Magnum Engages Investor Relations Consultant and Grants Options

MAGNUM ENERGY INC. ("Magnum" or the "Corporation") (TSX VENTURE:MEN) Magnum is
pleased to announce that it has engaged Steel Rose Communications (the
"Consultant") to provide investor relations services to Magnum effective April
1, 2014.


In connection with the engagement, Magnum has entered into a consulting
agreement with the Consultant pursuant to which the Consultant shall be paid CAN
$5000 per month commencing on April 1, 2014. After September 30, 2014, the
contract is terminable upon 30 days written notice by either party. Pursuant to
the consulting agreement, Magnum has granted 250,000 stock options to the
Consultant exercisable into common shares at an exercise price of $0.10. The
options shall vest as to 25% on April 1, 2014 and 25% every three months
thereafter. The granting of the options is subject to the approval of the TSX
Venture Exchange.


About the Consultant

Steel Rose Communications is a full service Investor Relations and Corporate
Communications Consultant Company based in Vancouver, British Columbia. Steel
Rose works primarily with small to mid-cap public companies focusing on the
resource and energy sectors. Jon Bey is the President of Steel Rose
Communications and will be responsible for the activities related to Magnum
Energy Inc.


Steel Rose Communications will increase awareness of Magnum Energy Inc. through
presentation meetings with investment professionals, investment advisers and
money managers focused on the microcap market space.


Steel Rose Communications currently has no direct or indirect interest in the
securities of Magnum Energy Inc, or any right or intent to acquire such an
interest except pursuant to the exercise of the above referenced options. The
appointment of Steel Rose Communications as an investor relations consultant of
Magnum Energy Inc. and the granting of options remain subject to regulatory
acceptance of applicable filings with the TSX Venture Exchange.


About Magnum Energy Inc.

Magnum is a junior oil and gas producer with operations located in the Western
Canadian Sedimentary Basin. The Corporation produces from Viking oil operations
in Alberta, gas operations in Alberta and maintains a 100% ownership of the
Sedalia gas facility in East-Central Alberta. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Magnum Energy Inc.
Richard Nemeth
President & CEO
604.948-2688
[e-mail]