Magnum Energy Announces Closing of Non-Brokered Private Placement

Business and Finance Business and Finance

Wed, October 28, 2009

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Steadfast Holdings Group, Inc. Forms Green Technology Division

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FSI International (FSII) Down After BUYINS.NET Report Predicted Weakness After Earnings

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NetSol Technologies Benefits From Strong Growth i .. ket as Toyota Motor Finance China Upgrades NetSol

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Nortec (TSX VENTURE: NVT)-Project Acquisition Update

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[ Wed, Oct 28th 2009 ] - Market Wire

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LightPath Technologies Announces Quarterly Confer .. nd Fiscal 2010 Preliminary First Quarter Comments

[ Wed, Oct 28th 2009 ] - WOPRAI

Scientific Learning (SCIL) Down After BUYINS.NET Report Predicted Weakness After Earnings

[ Wed, Oct 28th 2009 ] - Market Wire

Wave to Present at TechAmerica "AeA Classic& .. t; Financial Conference November 3rd in San Diego

[ Wed, Oct 28th 2009 ] - WOPRAI

PAB Bankshares (PABK) Down After BUYINS.NET Report Predicted Weakness After Earnings

[ Wed, Oct 28th 2009 ] - Market Wire

RAE Systems Announces Third Quarter 2009 Results Conference Call and Webcast

[ Wed, Oct 28th 2009 ] - WOPRAI

Local.com (LOCM) Down After BUYINS.NET Report Predicted Weakness After Earnings

[ Wed, Oct 28th 2009 ] - Market Wire

Bosch Unveils Vision Laundry Products in New &quo .. Anthracite" Color -- Available Only at Sears

[ Wed, Oct 28th 2009 ] - Market Wire

Spartech Announces Divestiture of Wheels Business

[ Wed, Oct 28th 2009 ] - Market Wire

WTM Drilling Extends North Zone Gold System, Returns Multiple High Grade Intercepts

[ Wed, Oct 28th 2009 ] - Market Wire

Solutions Group Retains WorldMarketMedia.com to D .. d Implement Their Social Media Marketing Campaign

[ Wed, Oct 28th 2009 ] - Market Wire

NetApp Awarded First WSCA/NASPO Master Price Agreement

[ Wed, Oct 28th 2009 ] - Market Wire

Cavium Networks Presenting at TechAmerica AeA Classic Financial Conference

[ Wed, Oct 28th 2009 ] - Market Wire

Conseil Régional de Basse-Normandie Deploys .. hnologies to Simplify IT Infrastructure, Increase

[ Wed, Oct 28th 2009 ] - Market Wire

The Medicines Company Reports Third Quarter 2009 Financial Results

[ Wed, Oct 28th 2009 ] - Market Wire

Cisco Demonstrates 'The Connected Life -- Deliver .. IP Video Technologies at SCTE Cable-Tec Expo 2009

[ Wed, Oct 28th 2009 ] - Market Wire

VMware vSphere(TM) Wins Prestigious Wall Street Journal 2009 Technology Innovation Award

[ Wed, Oct 28th 2009 ] - Market Wire

Brookfield Infrastructure Partners Releases Third Quarter Summary Results

[ Wed, Oct 28th 2009 ] - Market Wire

Media Advisory: Cisco Showcases Technology Solutions for Higher Education at EDUCAUSE 2009

[ Wed, Oct 28th 2009 ] - Market Wire

CloudBench Applications Appoints New Vice President Marketing and Sales

[ Wed, Oct 28th 2009 ] - Market Wire

XO Communications Receives NPRG Communications In .. s Award for Most Innovative Virtualized Solutions

[ Wed, Oct 28th 2009 ] - Market Wire

The Invicta Group (IVIT) and STL Marketing Group (STLK) Join Information Portal StockProfile.com

[ Wed, Oct 28th 2009 ] - Market Wire

RCN Offers Free Preview of Two Spanish-Language N .. NN en Español and Fox Sports en Español

[ Wed, Oct 28th 2009 ] - Market Wire

CNAAS and Agria Enter Strategic Co-Operation; Agria to Make Investment in Zhongnong

[ Wed, Oct 28th 2009 ] - Market Wire

Biomerica Announces Plans for New Headquarters in Irvine, California

[ Wed, Oct 28th 2009 ] - Market Wire

Reed's, Inc.: Reed's, Inc. Completes Acquisition of Sonoma Sparkler Brand

[ Wed, Oct 28th 2009 ] - Market Wire

Allana Resources Considering Multiple Unsolicited Offers for Its Ethiopian Potash Project

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Auxilium Pharmaceuticals, Inc. Announces Third Qu .. 2009 Financial Results and Operational Highlights

[ Wed, Oct 28th 2009 ] - Market Wire

Taleo Announces Proposed Public Offering of Common Stock

[ Wed, Oct 28th 2009 ] - Market Wire

Arrayit Announces NanoPrint Sale to Leukemia Center in Poland

[ Wed, Oct 28th 2009 ] - Market Wire

Jien Canada Reports Tender Results and Announces Final Extension

[ Wed, Oct 28th 2009 ] - Market Wire

Cubic Awarded $25 Million in Contracts for Ground Combat Training Instrumentation

[ Wed, Oct 28th 2009 ] - Market Wire

WABCO Reports Q3 2009 Results, Delivers Profit De .. in Industry and 42 Percent Drop in Sales Year on

[ Wed, Oct 28th 2009 ] - Market Wire

SciClone Announces Corporate Restructuring and Workforce Reduction

[ Wed, Oct 28th 2009 ] - Market Wire

Atlantis Internet Group Announces First State-to- .. Gaming Network Linking Indian Casinos Nationwide

[ Wed, Oct 28th 2009 ] - Market Wire

Intersil and the Georgia Institute of Technology .. ce for High-Performance Semiconductor Development

[ Wed, Oct 28th 2009 ] - Market Wire

Clean Energy and Power, Inc. Open Letter to Stockholders

[ Wed, Oct 28th 2009 ] - Market Wire

CVTech Group Inc. announces contracts totalling more than US$100 million

[ Wed, Oct 28th 2009 ] - Market Wire

Brick Brewing Company Launches NEW Red Baron Light

[ Wed, Oct 28th 2009 ] - Market Wire

Ericsson to provide 29 million Indonesian subscribers with location based services

[ Wed, Oct 28th 2009 ] - Market Wire

Muscle Flex Chooses Moulton Logistics for Its Ful .. vice Call Center, Inventory & Database Management

[ Wed, Oct 28th 2009 ] - Market Wire

Santam to Transform Claims Processing Capabilitie .. d Improve Business Efficiency With TIBCO Software

[ Wed, Oct 28th 2009 ] - Market Wire

Cyfrowy Polsat Develops High-Def With EchoStar Europe

[ Wed, Oct 28th 2009 ] - Market Wire

NaviSite's Managed Hosting and CDN Services Handle Huge Demand Spike for Women's Organization

[ Wed, Oct 28th 2009 ] - Market Wire

TCW Energy Agrees to Acquire 50% Interest in Port .. erating Wind Farms in the U.K. From Centrica, PLC

[ Wed, Oct 28th 2009 ] - Market Wire

TenCate trading update concerning third quarter of 2009

[ Wed, Oct 28th 2009 ] - Market Wire

PRUDENTIAL PLC WELCOMES NIC NICANDROU AS CFO

[ Wed, Oct 28th 2009 ] - Market Wire

Prudential PLC - Interim Management Statement

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CryptoLogic Sends Batman & Wonder Woman Into Action With New Games

[ Wed, Oct 28th 2009 ] - Market Wire

Transeuro Energy Corp.: Extension of Series A Debentures & Notice to Bondholders

[ Wed, Oct 28th 2009 ] - Market Wire

MorphoSys AG Reports Results for the First Nine Months of 2009

Tue, October 27, 2009

[ Tue, Oct 27th 2009 ] - Market Wire

Aruba Networks' New "AirWave OnDemand" .. Multi-Vendor Wireless LAN Management to the Cloud

[ Tue, Oct 27th 2009 ] - Market Wire

GLG Life Tech Corporation to Announce Third Quarter Results on October 30, 2009

[ Tue, Oct 27th 2009 ] - Market Wire

California Water Service Group Expands Its Lines of Credit to $300 Million

[ Tue, Oct 27th 2009 ] - Market Wire

Pixman Announces Delay in the Filing of Financial Statements

[ Tue, Oct 27th 2009 ] - WOPRAI

BioCurex (BOCX) Has Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days

[ Tue, Oct 27th 2009 ] - WOPRAI

Naked Short Web Site Announces RBIFF, SEMFF, IMUC .. OSCY Have Been Removed From Threshold Lists Today

[ Tue, Oct 27th 2009 ] - WOPRAI

COINZ, AABVF, CPYE, UCBH Have Been Added To Naked Short Lists Today

[ Tue, Oct 27th 2009 ] - WOPRAI

Internet Gold (IGLD) Expected To Be Higher Leading Up To Next Earnings Release

[ Tue, Oct 27th 2009 ] - WOPRAI

EXAR, DDE, ACAT, PCCC, SLRY, PPCO Expected To Be Higher Leading Up To Next Earnings Releases

[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - Market Wire

Infinera Brings Efficiency to Metro CATV Networks

[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - Market Wire

Sun Healthcare Group, Inc. Reports Third-Quarter Earnings and Normalized EPS of $0.25

[ Tue, Oct 27th 2009 ] - Market Wire

Chembio to Host Conference Call to Discuss Third Quarter 2009 Financial Results

[ Tue, Oct 27th 2009 ] - Market Wire

Mediware to Report First Quarter Results on Tuesday, November 3rd

[ Tue, Oct 27th 2009 ] - Market Wire

Prime Star Group Engages Consultant for Key Accounts

[ Tue, Oct 27th 2009 ] - Market Wire

Virgin Metals Announces Closing of Private Placement

[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - Market Wire

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - WOPRAI

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[ Tue, Oct 27th 2009 ] - WOPRAI

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Magnum Energy Announces Closing of Non-Brokered Private Placement

Magnum Energy Announces Closing of Non-Brokered Private Placement

^{Published on 2009-10-27 17:16:46 - Market Wire}

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 27, 2009) - MAGNUM ENERGY INC. (the "Company")(TSX VENTURE:MEN)is pleased to announce the closing of its private placement (the "Private Placement") announced in its news releases of October 14, 2009 and October 16, 2009. Pursuant to the Private Placement, the Company issued 3,000,000 common shares (the "Shares") at a price of $0.20 per Share for gross proceeds of $600,000.

A Finder's fees of $13,500 in cash was paid in accordance with the policies of the TSX Venture Exchange.

All securities issued pursuant to the private placement are subject to a hold period expiring on February 24, 2010.

ON BEHALF OF THE COMPANY

Richard Nemeth, President and CEO

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.