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Alias Born 10/25/2006

Re: None

Tuesday, 12/12/2006 1:19:10 PM

Tuesday, December 12, 2006 1:19:10 PM

Post# of 76909
I still have faith in this merger.

http://www.cnw.ca/fr/releases/archive/December2006/08/c5579.html

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MAGNUM ENERGY INC. ("MEN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 8, 2006
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced October 20, 2006:

Number of Shares: 2,000,000 flow-through shares

Purchase Price: $0.30 per share

Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares

Warrant Exercise Price: $0.40 for a two year period

Number of Placees: placees

Insider / Pro Group Participation:

Insider equals Y /
Name ProGroup equals P / No. of Shares

Kelly Klatik P 30,000
Theodore Konyi Y 185,000
Jeffrey Lowe Y 400,000
Brent Todd P 25,000
Johnny Markovina P 25,000
Ron Redier P 35,000
Fred Hofman P 25,000
Chris Wardle P 50,000
Martin Burian P 20,000

Finder's Fee: 7% cash commission based on the gross proceeds
raised payable to Canaccord Capital Corp.
($6,930), Bolder Investment Partners Ltd.
($10,500) and David Jones ($4,200).

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly.

.
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Buy HIGH sell LOW - Mr. MM

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