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Magnum Energy Inc. Announces Extension to Closing Date of Provost Transaction

April 1, 2014 2:58 PM
Marketwired

CALGARY, ALBERTA–(Marketwired – April 1, 2014) – MAGNUM ENERGY INC. (“Magnum” or the “Corporation”) (TSX VENTURE:MEN) Magnum announces an April 22, 2014 extension to the closing date of the previously announced transaction with Artisan Energy Corporation (“Artisan”) to sell Magnum’s 50% working interest in the Provost area of Alberta (the “Provost Asset”) for proceeds of $5.6 million. The effective date has also been amended to March 31, 2014.

[expand title=”Advisories & Contact”]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.

Magnum Energy Inc.
Richard Nemeth
President & CEO
604.948.2688
rnemeth@magnumenergyinc.com

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