Magna Mining (NICU.V): Closes Previously Announced Non-Brokered Private Placement for Gross Proceeds of Approximately C$20.0 Million

Sudbury, Ontario–(Newsfile Corp. – September 30, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Corporation“) is pleased to announce the closing of the Corporation’s previously-announced non-brokered private placement, pursuant to which a total of 74,128,860 subscription receipts of the Corporation (the “Subscription Receipts“)...
Continue reading »

Magna Mining Announces Signing of Definitive Agreement to Acquire Lonmin Canada and Announces a Private Placement Offering of up to C$20 Million of Subscription Receipts

Sudbury, Ontario–(Newsfile Corp. – August 16, 2022) – Magna Mining Inc (TSXV: NICU) (the “Company” or “Magna“) is pleased to announce that the Company has entered into a definitive share purchase agreement (the “Purchase Agreement“) to acquire 100% of Lonmin Canada Inc. (“Loncan“), including the Denison Project...
Continue reading »

Magna Mining (NICU.V): Commissions Second Drill Rig at the Shakespeare Project and Provides an Update on the Evaluation of a Toll Milling Restart for Near-Term Nickel Production

Sudbury, Ontario–(Newsfile Corp. – March 21, 2022) – Magna Mining Inc (TSXV: NICU) (the “Company”) is pleased to announce that it has commissioned a second drill rig to accelerate exploration drilling at previously identified regional targets on the Shakespeare Nickel Project. The second rig was...
Continue reading »