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Magna Mining Closes $21.85 Million Private Placement of Common Shares
Sudbury, Ontario--(Newsfile Corp. - November 4, 2024) - Magna Mining Inc. (TSXV: NICU) (the "Corporation") is pleased to announce that it has closed its previously announced "best efforts" private placement of 20,809,480 common shares of the Corporation (the "Common Shares") at a price of $1.05 per Common Share for aggregate...
Magna Mining Discovers New Copper Zone at the Shakespeare Project
First Drillhole on the SW Copper Showing Intersects 2.3% Cu Over 13.9 MetresSudbury, Ontario--(Newsfile Corp. - November 4, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on the ongoing regional diamond drilling program on the Shakespeare Project...
Magna Mining Files Updated Preliminary Economic Assessment for the Crean Hill Project
Sudbury, Ontario--(Newsfile Corp. - November 1, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that further to its news release dated September 17, 2024 titled "Magna Mining Completes Updated Preliminary Economic Assessment of the Crean Hill Project" the Company...
Magna Mining Files Technical Report for the McCreedy West Copper-Nickel Mine
Sudbury, Ontario--(Newsfile Corp. - October 29, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that further to its news release dated September 12, 2024 titled 'Magna Mining Acquires Producing Copper Mine in Sudbury from KGHM International Ltd' in connection...
Magna Mining Announces Grant of Stock Options
Sudbury, Ontario--(Newsfile Corp. - October 21, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") announces that on October 17th, 2024, it granted a total 250,000 stock options ("Options") to purchase common shares of the Company to certain officers and employees pursuant to the...
China’s Copper Imports Surge in September, Signaling Strong Demand for Critical Metal
Issued on behalf of Yukon Metals Corp. VANCOUVER – USA News Group – Large quantities of copper ore flowed into China in September,...
Magna Mining Announces Upsize of Previously Announced Private Placement of Common Shares
Sudbury, Ontario--(Newsfile Corp. - October 11, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Corporation") is pleased to announce that the Corporation and a syndicate of agents (the "Agents") co-led by Desjardins Capital Markets ("Desjardins") and SCP Resource Finance LP ("SCP", and together with Desjardins, the...
Magna Mining Announces Private Placement of Common Shares
Sudbury, Ontario--(Newsfile Corp. - October 10, 2024) - Magna Mining Inc. (TSXV: NICU) (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Corporation") is pleased to announce that it has entered into an agreement with Desjardins Capital Markets ("Desjardins") and SCP Resource Finance LP ("SCP", together with Desjardins, the "Bookrunners") on behalf...
Magna Mining Inc. Announces Conditional Approval of Application for Funding from the Federal Critical Mineral Infrastructure Fund (CMIF)
Sudbury, Ontario--(Newsfile Corp. - October 9, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that notification has been received from Natural Resources Canada (NRCAN) that pending final due diligence, certain initiatives at both the Crean Hill and Shakespeare Mines...
Magna Mining Provides Update on the Surface Advanced Exploration Bulk Sampling Program at the Crean Hill Project and Corporate Update
Sudbury, Ontario--(Newsfile Corp. - October 7, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on the advanced exploration surface bulk sample at the Crean Hill Project in Sudbury, Ontario. Jeff Huffman, COO of Magna Mining commented, "Magna...
Inside the Market’s roundup of some of today’s key analyst actions
Notice of Correction to News Release Dated September 17, 2024, Regarding Updated Crean Hill PEA
Sudbury, Ontario--(Newsfile Corp. - September 17, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") issued a news release earlier today announcing the results of an Updated Preliminary Economic Assessment ("PEA") by SGS Geological Services (SGS) on its 100% owned Crean Hill Project located...
Magna Mining Completes Updated Preliminary Economic Assessment of the Crean Hill Project
Study Demonstrates 13 Year Mine Life, Modest Pre-Production Capital and Short Payback PeriodSudbury, Ontario--(Newsfile Corp. - September 17, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the successful completion of its Updated Preliminary Economic Assessment ("PEA") by SGS Geological...
Magna Mining Acquires Producing Copper Mine in Sudbury from KGHM International Ltd.
Acquisition Includes a Portfolio of Critical Mineral Exploration and Development Assets in the Sudbury Basin Mining DistrictSudbury, Ontario--(Newsfile Corp. - September 12, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that it has entered into a definitive share purchase...
Magna Mining Provides an Update on Advanced Exploration at the Crean Hill Project and Corporate Update
Sudbury, Ontario--(Newsfile Corp. - September 5, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to provide an update on the Advanced Exploration surface bulk sample at the Crean Hill Project in Sudbury, Ontario. The mining of the surface bulk sample commenced...