Each unit will consist of one common share of
All of the securities issued pursuant to the private placement will be subject to a minimum four-month hold period. The private placement and payment of any finder's fee are subject to acceptance by the
The net proceeds of the private placement will be used principally to work over wells in Provost and Sedalia with production behind pipe. These work-overs are primarily maintenance work overs addressing mechanical issues that are cyclical in nature. These work-overs require no permitting and can be completed within the first two weeks of June.
We seek Safe Harbor.
FOR FURTHER INFORMATION PLEASE CONTACT:
Magnum Energy Inc. Richard NemethPresident & CEO 604.948.2688 firstname.lastname@example.org Magnum Energy Inc. Jon BeyCorporate Development 604-375-4488 email@example.com Source: Magnum Energy Inc.