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[ Sat, Oct 31st 2009
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[ Fri, Oct 30th 2009
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 30, 2009) -MAGNUM ENERGY INC. (the "Company")(TSX VENTURE:MEN) is pleased to announce that, subject to regulatory approval, an aggregate of 575,000 stock options have been granted to directors, officers and consultants of the Company, exercisable at a price of $0.37 per share for a period of five years from the date of grant. The options have been granted in accordance with the Company's stock option plan.
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.