Magna Mining Announces Brokered LIFE Offering of Common Shares for Gross Proceeds of up to $45 Million - Magna Mining (OTC:MGMNF)
Magna Mining plans to allocate funds raised mainly to develop properties in Sudbury, Ontario, supporting ongoing operations and covering administrative costs, officials said.
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Magna Mining Announces Brokered LIFE Offering of Common Shares for Gross Proceeds of up to $45 Million - Magna Mining (OTC:MGMNF)
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES SUDBURY, Ontario, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV:NICU) (OTCQX:MGMNF) (FSE: 8YD) ("Magna" or the "Company") 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 Res…
Magna Mining raising $45 million for Sudbury operations – Resource World Magazine
Magna Mining Inc. [NICU-TSXV, MGMNF-OTCQB, BYD-FSE] said it has struck a deal with a syndicate of agents in connection with a best-efforts private placement offering with proceeds earmarked for the company’s copper, nickel and Platinum Group metal (PGM) projects in Sudbury, Ont. The private placement offering will consist of 18.7 million common shares priced at $2.40 per share, in a move that is expected to raise $45 million. The company said it
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