Magnum Energy Inc.

Magnum Energy Inc.

April 01, 2014 16:58 ET

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

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.

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