Marksmen Energy Inc. has completed the third and final closing of its previously announced non-brokered private placement for 141,667 units (the "Units") of Marksmen at a price of $0.15 per Unit for gross proceeds of $21,250 (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 (1) Common Share for $0.25 expiring two (2) years from the date of the closing of the Offering. A total of 5,001,967 Units have been issued pursuant to the first, second and third closings for total gross proceeds of $750,295.

Tags: Marksmen Energy Inc.