Oct 3 (Reuters) - Marksmen Energy Inc MAH.V :
* MARKSMEN ANNOUNCES PROPOSED PRIVATE PLACEMENT
* MARKSMEN ENERGY INC - PLANS TO COMPLETE A NON-BROKERED PRIVATE PLACEMENT OF UP TO 11.5 MILLION UNITS OF MARKSMEN AT A PRICE OF $0.05 PER UNIT
* MARKSMEN ENERGY - USE PROCEEDS TO PAY $25,000 RELATED TO PLANNING AND ENGINEERING OF PREVIOUSLY ANNOUNCED 40 WELL RE-COMPLETION PROGRAM
* MARKSMEN ENERGY INC - ALSO USE PROCEEDS TO PAY $410,000 FOR FIRST THREE RE-COMPLETE WELLS PLANNED TO BEGIN IN Q4 OF 2019