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“)...
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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...
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