Marksmen Energy Inc. has completed the second and final closing of its previously announced non-brokered private placement for 4,868,725 units (the "Units") of Marksmen at a price of $0.16 per Unit for gross proceeds of $778,996 (the "Offering").

The Units are comprised of one (1) common share ("Common Share") and one-half of one (1/2) share purchase warrant ("Warrant") of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share for $0.25 expiring two (2) years from the date of the closing of the Offering.

Tags: Marksmen Energy Inc.