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Share Name	Share Symbol	Market	Type
	TSXV:MEN	TSX Venture	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0	-

Magnum Energy Amends Terms of Private Placement

15/06/2010 2:30pm

Marketwired Canada

MAGNUM ENERGY INC. (the "Company") (TSX VENTURE:MEN) announces that further to
its news release of May 28, 2010, the Company has amended the terms of its
private placement. The financing will now consist of up to 3,750,000 Class A
Voting common shares in the capital of the Company (the "Shares") at a price of
$0.40 per Share, for gross proceeds of up to $1,500,000.


All other terms of the private placement remain the same.

ON BEHALF OF THE COMPANY

Richard Nemeth, President