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. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Magnum Energy Inc.
Richard Nemeth
President & CEO
604.948.2688
rnemeth@magnumenergyinc.com