Magnum Energy Announces Grant of Stock Options
October 30 2009 - 11:55AM
Marketwired
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.
Contacts: Magnum Energy Inc. Richard Nemeth President & CEO
604.669.3155 604.669.3177 (FAX) rnemeth@magnumenergyinc.com
www.magnumenergyinc.com