Magna Mining Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp., as lead agent and sole bookrunner on behalf of a syndicate of co-lead agents including Desjardins Securities Inc. and SCP Resource Finance LP , in connection with a best efforts private placement offering of up to 18,750,000 common shares of the Company at a price of $2.40 per Offered Share for aggregate gross [...]
Magna Mining Inc. announces the following grants of security-based compensation to non-executive directors of the Company, effective September 4, 2025. 44,073 deferred share units were granted to non-executive directors of the Company. Each deferred share unit will vest upon a director's retirement from the Board of Directors and will entitle the holder to receive one common share. 278,363 options were granted to [...]
Magna Mining Inc. is pleased to provide an update on exploration activities and assay results from ongoing exploration at the past-producing Levack Mine, located in the North Range of the Sudbury Basin, northeastern Ontario, Canada . Drillhole FNX6083-W1 was drilled to test an area 140 metres below drill hole MLV-25-14A which intersected 2.6% copper, 8.1% nickel and 17.8 g/t platinum + palladium + gold over 0.6 metres [...]
Magna Mining Inc. is pleased to report second quarter 2025 operating and financial results. Management will host a conference call tomorrow, August 28, 2025, at 08:00 a.m. EDT to discuss the results. All amounts are expressed in Canadian dollars unless otherwise indicated. Highlights April-June 2025 was the first full quarter of production from the McCreedy West copper mine under Magna's operation. Total ore processed in [...]
In a previously disseminated version of this news release the headline contained a misspelling of Magna Mining Inc. That has been updated to reflect the correct spelling. No other changes have been made to this release. Magna Mining Inc. is scheduled to release its Q2 2025 financial results and MD&A after the market close on Wednesday August 27, 2025. The company will be holding a conference call and webcast on Thursday [...]
Magna Mining Inc. is scheduled to release its Q2 2025 financial results and MD&A after the market close on Wednesday August 27, 2025. The company will be holding a conference call and webcast on Thursday August 28, 2025 at 8:00 am EDT. The conference call details are as follows: Webcast Link: https://www.gowebcasting.com/14155 Participant Dial In: : 1-844-763-8274 Participant International Dial In: 1-647-484-8814 [...]
Magna Mining Inc. is scheduled to release its Q2 2025 financial results and MD&A after the market close on Wednesday August 27, 2025. The company will be holding a conference call and webcast on Thursday August 28, 2025 at 8:00 am EDT. The conference call details are as follows: Webcast Link: https://www.gowebcasting.com/14155 Participant Dial In: : 1-844-763-8274 Participant International Dial In: 1-647-484-8814 [...]
Magna Mining Inc. is pleased to provide an update on exploration activities and assay results from the ongoing exploration at the Levack Mine . Results include the initial assays from the near surface portion of the No.1 nickel-copper zone, supporting the Levack Mine restart study. Highlights from the new assay results include: MLV-25-21 2.3% Ni, 0.7% Cu, 0.3 g/t Pt + Pd + Au over 28.0 metres Including 6.6% Ni, 0.7% Cu [...]
Magna Mining Inc. is pleased to report that further to its news release dated December 18, 2024, the Company has completed its acquisition of a portfolio of exploration properties located in the Sudbury Basin from NorthX Nickel Corp. . The NorthX properties being acquired represent 304 km2 of mineral claims, leases and patents in the Sudbury area. The acquisition of the NorthX property portfolio brings Magna's aggregate [...]
Magna Mining Inc. is pleased to announce production and cost guidance for the second half of 2025. Jason Jessup, CEO of Magna, stated, "Over the past four months, Magna has been executing a plan to unlock the potential of the McCreedy West Mine. We have invested capital into underground equipment and additional development, hired additional people to support a 24-7 operation at the mine, and we are seeing the benefits of [...]
Magna Mining is pleased to provide an update on exploration activities and assay results from the ongoing exploration at the Levack Mine. Highlights from the new assay results include: MLV-25-14A 0.9% Cu, 1.6% Ni and 6.1 g/t Pt + Pd + Au over 2.9 m Including 2.6% Cu, 8.1% Ni, 17.8 g/t Pt + Pd + Au over 0.6 metres MLV-25-10 25.1% Cu, 0.2% Ni, 4.5 g/t Pt + Pd + Au over 0.3 metres MLV-25-11 25.7% Cu, 0.3% Ni, 0.8 g/t Pt + Pd [...]
Magna Mining is pleased to announce the results of its Annual & Special Meeting of Shareholders held on June 26. Each of the matters that were tabled at the Meeting for a vote is described in greater detail in the Notice of Annual & Special Meeting of Shareholders and accompanying Management Information Circular dated May 26, 2025. At the Meeting, the shareholders voted to approve the nominations of directors set out in [...]
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