Marksmen Energy Inc.

Marksmen Energy Inc.

July 24, 2012 17:57 ET

Marksmen Announces Corporate Update

CALGARY, ALBERTA--(Marketwire - July 24, 2012) - Marksmen Energy Inc. (TSX VENTURE:MAH) ("Marksmen" or the "Company") announces that, further to its press release issued June 13, 2012, the Company no longer plans to complete a non-brokered private placement of up to 27,272,727 common shares (the "Common Shares") of Marksmen at a price of $0.11 per Common Share for aggregate gross proceeds of up to $3,000,000.

Neither the 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 news release.

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