Magna Terra Minerals announces a further update to its previously announced flow-through financing of gross proceeds totalling $500,000. The full private placement of total gross proceeds of up to $500,000 will now consist of an issuance of up to $285,000 of premium flow-through common shares of the Company at a price of $0.09 per share for an issuance of up to 3,166,667 premium flow-through common shares; and an issuance [...]
Magna Terra Minerals is pleased to announce that it has completed an initial closing of its flow-through financing of gross proceeds totaling $227,000. The full private placement of total gross proceeds of up to $500,000 will consist of an issuance of up to $325,000 of premium flow-through common shares of the Company at a price of $0.09 per share for an issuance of up to 3,611,111 premium flow-through common shares; and [...]
Magna Terra Minerals is pleased to announce an upsizing to its previously announced premium flow-through financing. The Offering will now consist of an issuance of up to $325,000 of premium flow-through common shares of the Company at a price of $0.09 per share for an issuance of up to 3,611,111 premium flow-through common shares; and an issuance of up to $175,000 of flow-through common shares of the Company at a price of [...]
Magna Terra Minerals is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered premium flow-through private placement of minimum gross proceeds of $450,000. The Offering will consist of an issuance of premium flow-through common shares of the Company at a price of $0.09 per share for a total issuance of 5,000,000 premium flow-through common shares. Of note, the [...]
Magna Terra Minerals Inc. is pleased to provide a recap of the Company's activities and significant achievements from 2024 and a look forward to numerous catalysts upcoming in 2025 across its deep and varied project portfolio. "2024 was a transformative year for Magna Terra and its shareholders. We have put ourselves in position to benefit significantly from advanced exploration activities on multiple projects in our [...]
Magna Terra Minerals Inc. is pleased to announce that it has acquired a significant and strategic exploration land package - the Rocky Brook Project , located in the prolific Bathurst Mining Camp of northern New Brunswick via two separate option agreements. The Rocky Brook Project comprises approximately 10,500 hectares in 33 mineral claims, located adjacent to and along strike from the Williams Brook Project, owned by [...]
Michael Gentile announces that he has filed an early warning report announcing the acquisition of an aggregate 13,955,000 common shares in the capital of Magna Terra Minerals Inc. in a private transaction. Prior to the completion of the Acquisition, Mr. Gentile beneficially owned or controlled, directly or indirectly, an aggregate of 2,660,000 Common Shares, representing approximately 3.20% of the Company's issued and [...]
Magna Terra Minerals Inc. is pleased to announce that Michael Gentile has acquired a 19.99% ownership stake in the Company via an open market share purchase. Mr. Gentile is considered one of the leading strategic investors in the junior mining sector, owning significant top five ownership stakes in over 20 small-cap mining and mining exploration companies. He is currently a director of Group Eleven Resources , Northern [...]
Magna Terra Minerals Inc. is pleased to announce that it has acquired via staking two additional mineral licences comprising 7,550 hectares expanding the Humber Copper-Cobalt Project located in western Newfoundland by 23%. The Humber Project is an exploration project focused on critical minerals and metals and now comprises 1,627 claims in 12 mineral licences covering a total area of 40,675 hectares . The Project is [...]
Magna Terra Minerals Inc. is pleased to announce that its partner, Gold Hunter Resources Inc. , has completed a comprehensive data compilation effort, and has initiated an exploration program at the Great Northern Project in western Newfoundland. Since acquiring the Project from Magna Terra, Gold Hunter has diligently completed a compilation of historic digital data from the Project, to add to that already completed by [...]
Magna Terra Minerals Inc. is pleased to announce that it has acquired via staking the Humber Copper-Cobalt Project located in western Newfoundland. The Humber Project is an exploration project focused on critical minerals and metals and comprises 1,325 claims in 10 mineral licences covering a total area of 33,125 hectares . The Project is underlain by rocks of the sedimentary Humber Arm Allochthon, which are host to [...]
Gold Hunter Resources Inc. , a Canadian exploration company focused on the acquisition, exploration, and development of precious & base metal projects, is pleased to announce that it has completed the acquisition of an option to earn a 100% undivided interest in the Great Northern and Viking Projects , located in the province of Newfoundland and Labrador, pursuant to the previously announced option agreement with Magna [...]
