Magna Mining Inc.

Magna Mining Inc. is pleased to announce that it has entered into a market-making agreement with Independent Trading Group , pursuant to which ITG has agreed to provide market-making services to the Company in accordance with the policies of the TSX Venture Exchange and applicable laws. ITG will trade shares of the Company on the TSXV and other available trading venues with the objective of maintaining a reasonable market [...]

Magna Mining Inc. is pleased to announce the assay results from a further nine holes drilled at the Shakespeare Mine during the 2021 drilling program. Highlights from this batch of assay results include wide Gap Zone intersections which support the thesis that the West and East Zones are connected not only near surface, but also at depth. Jason Jessup, Chief Executive Officer of Magna, stated, "We are pleased with the [...]

Magna Mining Inc. announces that it has granted a total of 575,000 stock options to purchase common shares of the Company to certain directors and officers pursuant to the Company's Share Incentive Plan. Such options have an exercise price of $0.40 per common share, and vest immediately. All options expire on December 23rd, 2026. About Magna Mining Inc. Magna Mining is an exploration and development company focused on [...]

Magna Mining Inc. is pleased to announce that following the completion of a $3.14 million flow through financing on Nov 3rd, the next phase of exploration at the Shakespeare Ni-Cu-PGM Project will commence in early January. The initial winter exploration program will consist of 4,500m of drilling, which will target the new P-4 nickel discovery and the past producing Spanish River Copper Mine. The P-4 Discovery and Spanish [...]

Magna Mining Inc. is pleased to announce assay results from recent drilling at its Shakespeare Project, located near Sudbury, Ontario. All holes reported are in the immediate vicinity of the Shakespeare West Zone, Gap Zone and East Zone. Drilling and assay results demonstrate the potential to expand on existing shallow resources and close the gap between the currently defined West and East Zones. Jason Jessup, Chief [...]

Magna Mining Inc. is pleased to announce, further to its press releases dated September 29, 2021, October 22, 2021 and October 28, 2021, that it has closed the final tranche of its previously announced non-brokered private placement , pursuant to which the Company sold an aggregate of 1,107,800 flow-through common shares at a price of $0.45 per share, for aggregate gross proceeds of $498,510. Together with the first [...]

Magna Mining Inc. is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement , pursuant to which the Company sold an aggregate of 5,888,900 flow-through common shares at a price of $0.45 per share, for aggregate gross proceeds of approximately $2,650,000. The Company intends to complete a further tranche of the Offering in November. The gross proceeds of the [...]

Magna Mining Inc. is pleased to announce that it has increased the size of its previously announced non-brokered private placement to an aggregate of up to 8,444,500 flow-through common shares at a price of $0.45 per FT Share, for aggregate gross proceeds of up to $3,800,025 . The FT Shares will be offered by way of a best efforts non-brokered private placement to "accredited investors" resident in the provinces of [...]

Magna Mining Inc. is pleased to announce an offering of up to 6,666,667 flow-through common shares at a price of $0.45 per FT Share, for total gross proceeds of up to $3 million. The FT Shares will be offered by way of a best efforts non-brokered private placement to "accredited investors" resident in the provinces of Canada. The gross proceeds of the Offering will be used to fund advancement of Magna's exploration [...]

Magna Mining Inc. is pleased to provide assay results from the first two diamond drill holes that were designed to test a portion of the P-4 target, located 5 km to the east and on strike of the past producing Shakespeare Mine stratigraphy. Two holes were drilled to intersect a previously untested geophysical anomaly, and both holes intersected significant nickel, copper, and Platinum Group Metals near surface. A portion [...]