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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 …

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