Magna Terra Minerals Inc. announces that it has closed its non-brokered private placement of gross proceeds totalling $858,000. The Company has issued 4,450,000 Premium Flow-Through Units at a price of $0.14 per PFT Unit; and 2,350,000 Hard Dollar Units at a price of $0.10 per HD Unit. Each PFT Unit consisted of one flow-through common share of the company and one half of one flow-through common share purchase warrant [...]
Magna Terra Minerals Inc. is pleased to announce that it has initiated exploration on its 100%-controlled Hawkins Love Gold Project , located in Southern New Brunswick . The program includes prospecting and mapping of five new gold targets identified through soil geochemistry over an 8-kilometre strike . Project Highlights Quartz vein boulders* with visible gold assaying up to 302.5 g/t gold; Soil samples assaying up to [...]
Magna Terra Minerals Inc. announces that it has extended the final closing contemplated for its non-brokered private placement of gross proceeds up to $1.5 million to on or before July 29, 2022. On June 3, 2022, the Company announced that it had completed a first closing of the Offering for gross proceeds totalling $858,000 . The Offering consists of a combination of Premium Flow-Through Units at a price of $0.14 per PFT [...]
Thorsen-Fordyce Merchant Capital Inc. , a corporation controlled by Lewis Lawrick, the President and CEO of Magna Terra Minerals Inc. announces that it acquired, on June 3, 2022, a total of 1,400,000 units of Magna Terra, with each Unit being comprised of one common share and one-half of one common share purchase warrant , with each Warrant entitling the holder to acquire one common share of the Magna Terra for a price of [...]
Magna Terra Minerals Inc. is pleased to announce that it has completed a first closing of its non-brokered private placement of gross proceeds totalling $858,000. In this initial closing, the Company has issued 4,450,000 Premium Flow-Through Units at a price of $0.14 per PFT Unit; and 2,350,000 Hard Dollar Units at a price of $0.10 per HD Unit. Each PFT Unit consists of one flow-through common share of the company and one [...]
Magna Terra Minerals Inc. is pleased to provide a brief update regarding its non-core exploration portfolio in Santa Cruz Province, Argentina.Through its wholly owned subsidiary Atala S.A. , the Company is pleased to confirm receipt of payment of the second installment owing from Oroplata S.A. a subsidiary of Newmont Corporation for the purchase of the Boleadora Project. Per the Company's press release dated June 9, 2020 [...]
Magna Terra Minerals Inc. would like to provide an update to its press release dated May 2, 2022 regarding its non-brokered Private Placement. Subject to all regulatory approvals, the Company intends to complete a non-brokered Private Placement of gross proceeds up to $1.5 million . The Offering will consist of a combination of Premium Flow-Through Units at a price of $0.14 per PFT Unit; and Hard Dollar Units at a price [...]
Magna Terra Minerals Inc. announces that the Company has filed updated Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Cape Spencer Gold Deposit, Saint John County, New Brunswick, Canada" dated April 29, 2022 and with an effective date of January 23, 2019 and "NI 43-101 Technical Report and Mineral Resource Estimate on the Rattling Brook Gold Deposit, Great Northern Project [...]
Magna Terra Minerals Inc. wishes to provide an update as it pertains to its Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Cape Spencer Gold Deposit, Saint John County, New Brunswick, Canada" dated November 14, 2019 and with an effective date of January 23, 2019 and its Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Rattling Brook Gold [...]
Magna Terra Minerals Inc. is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered Private Placement of minimum gross proceeds of $1.5 million . The Offering will consist of a combination of Premium Flow-Through Units at a price of $0.14 per PFT Unit; and Hard Dollar Units at a price of $0.10 per HD Unit. Each PFT Unit will consist of one flow-through common share of [...]
Magna Terra Minerals Inc. wishes to provide an update as it pertains to its Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Cape Spencer Gold Deposit, Saint John County, New Brunswick, Canada" dated November 14, 2019 and with an effective date of January 23, 2019 and its Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Rattling Brook Gold [...]
Magna Terra Minerals Inc. announces that, as a result of a continuous disclosure review by the Autorité des Marchés Financiers , the Company is issuing the following news release to clarify its disclosure as it pertains to its Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Cape Spencer Gold Deposit, Saint John County, New Brunswick, Canada" dated November 14, 2019 and with an [...]