MAGNUM ENERGY INC. (""Magnum"" or the ""Corporation"") (TSX VENTURE:MEN) - Magnum announces the resignation of Mr. Kelly Kerr as Magnum's Vice President, Finance and Chief Financial Officer effective immediately.<br /><br />The Board wishes to thank Mr. Kerr for his efforts and contribution over the past sixteen months and wish him continued success in his new endeavors.<br /><br />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.<br /><br />Magnum Energy Inc.