From stockwatch

The prospeutous shows mag is planning to raise $10,000,000.

Also regarding the Burtons retirement here is a qoute...

On October 25, 2010, the Company entered into a retirement agreement (the "Retirement Agreement") with William B. Burton ("Mr. Burton") and Sally Burton ("Mrs. Burton"), the former Chief Executive Officer and President of the Company and the former Corporate Secretary of the Company, respectively. Pursuant to the terms
of the Retirement Agreement, Mr. and Mrs. Burton agreed to retire from their respective employment as officers of the Company and as officers and directors of the subsidiaries of the Company. Mr. and Mrs. Burton have agreed to be retained as consultants to the Company until October 2011 to provide services in respect of the transition of
relationships between themselves and shareholders, suppliers, lenders and other third parties and the sharing of business practices used in their performance of the respective roles as employees of the Company. Pursuant to the Retirement Agreement, Mr. Burton is entitled to receive an aggregate of $1,196,000, less applicable withholding taxes and health and dental coverage consistent with the group benefits coverage for employees of the Company until October 2011. Mrs. Burton is entitled to receive an aggregate of $450,000, less applicable withholding taxes and health and dental coverage consistent with the group benefits coverage for employees of the Company until October 2011. Mr. and Mrs. Burton are subject to confidentiality restrictions and Mr. Burton is subject to a noncompetition and non-solicitation provisions until October 2012. In addition, all options held by Mr. and Mrs. Burton have vested and Mr. and Mrs. Burton will continue to be entitled to participate in the stock option plan of the
Company until such time as they have fulfilled their consulting obligations under the Retirement Agreement.

VIA ELECTRONIC TRANSMISSION
April 19, 2010
TO ALL APPLICABLE EXCHANGES AND COMMISSIONS:
RE: MAGINDUSTRIES CORP.
Confirmation of Notice of Record and Meeting Dates
We are pleased to confirm that Notice of Record and Meeting Dates was sent to The Canadian Depository for
Securities.
We advise the following with respect to the Annual &Special Meeting of Securityholders for MAGINDUSTRIES
CORP.
1. ISIN: CA55917T1021
CUSIP: 55917T102
2. Date Fixed for the Meeting: June 16, 2010
3. Record Date For Notice: May 13, 2010
4. Record Date For Voting: May 13, 2010
5. Beneficial Ownership Determination Date: May 13, 2010
6. Classes or Series of Securities that entitle the
holder to receive Notice of the Meeting: Common Shares
7. Classes of Series of Securities that entitle the
holder to vote at the meeting: Common Shares
8. Business to be conducted at the meeting: Annual & Special
Yours Truly,
EQUITY TRANSFER & TRUST COMPANY
Per
“Sarah Mikos”
Administrator, Client Services

....they didnt make us wait till the end of the month

and no one sold before the news was released.

No leaks, I'm surprised!

xxonMobil and MOL to Exit Agreement in Hungary
2/19/2010 11:18 AM - Canada NewsWire

DENVER, Feb. 19, 2010 (Canada NewsWire via COMTEX News Network) --

<< Falcon to Receive All Contract Lands and Foldeak-1 Well >>

Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon" or the "Company"), a global energy company focused on acquiring, exploring and developing large acreage positions of unconventional and associated conventional oil and gas resources, announced today that the Company has received written notices from ExxonMobil and MOL Hungarian Oil and Gas Plc ("MOL"), stating that neither company will proceed to the Appraisal Work Program in the joint production and development project located in the Mako Trough in Hungary and exit the Production and Development Agreement ("PDA").

In accordance with the PDA, ExxonMobil's and MOL's respective participating interests in the Contract Lands, the Foldeak-1 well, and all other interests will automatically revert to Falcon. Falcon now becomes operator of the Contract Area. Concurrently, the Company is seeking alternative strategic partners and is in active discussions with multiple parties to continue evaluation of Falcon's 247,000 acres under the long-term production license.

<< About Falcon Oil & Gas Ltd.: >>

Falcon Oil & Gas Ltd. is an international oil and gas exploration and production company, headquartered in Denver, Colorado, incorporated in British Columbia, Canada, and trading on the TSX Venture Exchange under the symbol "FO." The Company specializes in the business of conventional and unconventional oil and gas exploration and production and holds interests in prospective properties in Hungary, Australia and South Africa. The Company is focused on discovering, acquiring, and maturing a globally diversified portfolio of drilling opportunities with a goal of maximizing shareholder value through strategic relationships. Additional information concerning Falcon Oil & Gas Ltd. is available at www.falconoilandgas.com. Investor inquiries may be directed to investor@falconoilandgas.com

In the interests of providing Company shareholders and potential investors with information regarding the Company, including the Company's assessment of its and its subsidiaries' future plans and operations, certain statements included in this press release may constitute forward-looking information or forward looking statements (collectively, "forward-looking statements"). All statements contained herein that are not clearly historical in nature are forward-looking, and the words "anticipate", "believe", "expect", "estimate" and similar expressions are generally intended to identify forward-looking statements. Similarly, forward-looking statements in this press release include, but are not limited to anticipated developments of the Company's various drilling projects and the timing thereof, capital investment levels and the allocation thereof, pipeline capacity, government royalty rates, reserve and resources estimates, the level of expenditures for compliance with environmental regulations, site restoration costs including abandonment and reclamation costs, exploration plans, acquisition and disposition plans including farmout plans, net cash flows, geographic expansion and plans for seismic surveys, or successfully engaging a partner in any of the Company's endeavours. In addition, please note that statements relating to "reserves" or "resources" are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described can be profitably produced in the future. Such statements represent the Company's internal projections, estimates or beliefs concerning, among other things, an outlook on the estimated amounts and timing of capital expenditures, anticipated future debt levels and incentive fees or revenues or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. These statements are only predictions. Actual events or results may differ materially. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievement since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company and the foregoing list of important factors is not exhaustive. These forward-looking statements made as of the date hereof disclaim any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Company shareholders and potential investors should carefully consider the information contained in the Company's filings with Canadian securities administrators at www.sedar.com before making investment decisions with regard to the Company.

Neither the 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

Falcon Investor Briefing

Madelaine Dawes

Date:
Thu. 21st Jan 2010. to Thu. 21st Jan 2010.

Time:
12:00 PM to 2:00 PM

MPS has invited Marc A. Bruner, President and Chief Executive Officer of Falcon Australia and its Beetaloo Basin Project.

MPS believes that Falcon has made a very significant discovery of conventional gas and unconventional shale oil and shale gas with their Shenandoah-1 well discovery. This is similar to the Barnett Shale in the USA. This discovery follows up earlier work by CRA (now Rio Tinto) about 20 years ago which proved substantial volumes of petroleum source rocks and oil and gas shows, but without delineating a commercial field.

MPS is unaware of any other onshore oil or gas field that has the gross pay intervals intersected by Shenandoah-1 and the resulting reserve size and believes that this discovery will bring about a major rethinking of onshore oil and gas as it has in the USA and is the next logical extension of the success in Australia of Coal Seam Methane.

MPS believes that the Beetaloo Basin and the expertise of Falcon will open up the entire field of unconventional oil and gas for Australia. With their resources and past experience Falcon could be the first company to have major onshore oil and gas production outside of the Cooper Basin.

Falcon’s Shenandoah-1 well has encountered oil and gas shows, a potential conventional gas discovery and multiple thick zones of shale gas similar to the Basin Centered Gas Accumulations (BCGA) such as the Barnett and Haynesville Shales in USA. Leading international petroleum reserves consultant, Ryder Scott, has provided a (best) estimate of 19.1 Bbls oil and 63.9 TCF natural gas in their August 2009 report and October 2009 update.

Mr. Bruner serves as President, Chief Executive Officer and Director of Falcon Oil and Gas Ltd. (TSXV: FO). Marc has a strong track record of founding and developing unconventional energy companies. Mr. Bruner was a co-founder and is the current Chairman of Gasco Energy, Inc. (AMEX: GSX). Previously, Mr. Bruner was a founder and was the Chairman of Ultra Petroleum Corporation (AMEX: UPL). Mr. Bruner also co-founded Pennaco Energy, Inc., which was acquired by Marathon Oil (NYSE: MRO) in 2001.

This is a unique opportunity for Investors and Brokers to discuss Falcon Australia’s activities, current capital raisings and plans for a 2010 ASX listing.