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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 Announces an Increase of Its Private Placement Financing to $600,000

16/10/2009 10:35pm

Marketwired Canada


MAGNUM ENERGY INC. (the "Company") (TSX VENTURE:MEN) is pleased to announce that
it has increased the current Private Placement offering, first reported on
October 14, 2009, from a maximum of 2,750,000 common shares to 3,000,000 common
shares at a price of $0.20 per Share, for gross proceeds of up to $600,000. All
other details remain the same.


ON BEHALF OF THE COMPANY

Richard Nemeth, President

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