Magna Mining Announces Closing of Brokered Offering of Common Shares for Gross Proceeds of Approximately $50 Million
Sudbury, Ontario--(Newsfile Corp. - September 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the "Offering") for aggregate gross proceeds of approximately $50 million, which includes the full exercise of the agents' option. Under the Offering, the Company sold an aggregate 20,833,300 common shares of the Company (the "Offered Shares") at a price of...
Sudbury, Ontario--(Newsfile Corp. - September 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the "Offering") for aggregate gross proceeds of approximately $50 million, which includes the full exercise of the agents' option. Under the Offering, the Company sold an aggregate 20,833,300 common shares of the Company (the "Offered Shares") at a price of...