Magna Mining Inc. is pleased to provide the following update on exploration activities at the Shakespeare Nickel-Copper-PGM Project. The exploration drilling program is well advanced, with 5,203 meters drilled to date from a planned program of 9,000 meters. Numerous assay results are pending due to severe delays in assay turnaround times. "Although receipts of assay results are well behind our expectations, we are [...]
Magna Mining Inc. is pleased to announce the appointment of Dr. Mynyr Hoxha to the position of Vice President of Exploration. Dr. Hoxha has been an Advisor to the company since its inception in 2016 and participated in the initial due diligence on the Shakespeare property prior to the acquisition in 2017. Dr. Hoxha is a Professional Geoscientist with more than 30 years of mining and exploration industry experience, most [...]
Magna Mining Inc. is pleased to announce that it has commenced the planned 9,000 metre, Phase I drilling program at its Shakespeare Project, located near Sudbury, Ontario. Magna has allocated 6,000m of drilling to near-mine exploration targets at the past-producing Shakespeare Mine, and 3,000m to high priority regional exploration targets. At Shakespeare, drilling is designed to expand on the current National Instrument [...]
Jason Jessop, Founder, Chief Executive Officer, Magna Mining Inc., , and his team joined Dean McPherson, Head, Global Mining, TMX Group, to celebrate the Company's new listing on TSX Venture Exchange and open the market. Magna Mining is a junior base metals company, focussed on exploration and development at the past-producing Shakespeare Mine. Shakespeare is a nickel, copper and precious metals project with an existing [...]
Magna Mining Inc. is pleased to announce that, further to its news release of May 5, 2021, trading in the Company's common shares on the TSXV will commence at the opening of the market tomorrow, May 11, 2021, under the symbol "NICU". The commencement of trading follows the issuance of the Final Exchange Bulletin by the TSXV with respect to the Company's Qualifying Transaction. Additional information with respect to the [...]
Magna Mining Inc. is pleased to announce that, effective May 4, 2021, it has completed the acquisition of all of the issued and outstanding securities of Magna Mining Corp., which is intended to constitute the Company's qualifying transaction as defined under the policies of the TSXV. Final acceptance of the Qualifying Transaction will occur upon the issuance of the Final Exchange Bulletin by the Exchange, following which [...]
CT Developers Ltd. is pleased to announce that it has received conditional approval from the TSXV for the closing of its qualifying transaction pursuant to Policy 2.4 - Capital Pool Companies of the Exchange. The Company has filed a filing statement dated March 31, 2021, under the Company's profile on SEDAR disclosing details of the Qualifying Transaction. The Company is also pleased to announce that it has filed an [...]
CT Developers is pleased to announce that it has entered into a definitive agreement dated February 10, 2021 with Magna Mining Corp. and 2813443 Ontario Inc., which shall govern the Company's qualifying transaction pursuant to Policy 2.4 - Capital Pool Companies of the TSXV. The Definitive Agreement supersedes the non-binding letter of intent dated November 3, 2020 entered into between CT and Magna.