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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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...
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Magna Mining Inc. (NICU.V): Announces Non-Binding Memorandum of Understanding for Proposed Joint Venture Arrangement with Mitsui & Co. for Shakespeare Mine

Toronto, Ontario–(Newsfile Corp. – January 31, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company“) is pleased to announce that it has entered into a non-binding memorandum of understanding (“MOU“) with Mitsui & Co., Ltd. (“Mitsui“), whereby Magna and Mitsui will discuss the...
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Magna Mining (NICU.V): SHAKESPEARE NICKEL PROJECT FEASIBILITY STUDY DEMONSTRATES POSITIVE ECONOMICS AND CARBON NEUTRAL NICKEL MINING OPERATION

SUDBURY, ONTARIO, CANADA, JANUARY 31, 2022 – Magna Mining Inc (TSXV: NICU) (the “Company”) is pleased to announce the results of the 2022 Feasibility Study for the Shakespeare Nickel Project (“Shakespeare”) located 60 km south-west of Sudbury, Ontario. The Feasibility Study (”Study”) is considered a base...
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