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Magnetic North Acquisition Corp. V.MNC

Alternate Symbol(s):  BKBLF | V.MNC.P.A

Magnetic North Acquisition Corp. is a hands-on merchant banking model. The core principle of which is that "capital alone doesn’t solve problems." The Company provides capital, management and Board level representation to its investee companies. The Magnetic North team believes that capital coupled with expertise and experience provides a superior return on investment to investors.


TSXV:MNC - Post by User

Post by ColwellCapIRon Oct 21, 2022 11:47am
109 Views
Post# 35039060

(TSX: MNC; MNC.PR.A): Director John Kowal Passes

(TSX: MNC; MNC.PR.A): Director John Kowal Passes

Please contact myself or Stephen McCormick, VP Capital Markets should you have any questions.
____________________________________________

**Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws** 

MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES DIRECTOR JOHN KOWAL HAS PASSED AWAY

CALGARY, AB and TORONTO, ON - October 20, 2022 -- Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company”) is deeply saddened to announce the passing of Mr. John Kowal, a nonexecutive director of the Company and Chair of the Audit Committee.

John was a man of unparalleled ethics and integrity. His wisdom, professionalism and kindness is a tremendous loss to the team. The Board of Directors and management team of Magnetic North express their sincere condolences to John's family during this difficult time. John's advice, common sense leadership and friendship will be greatly missed.

Announcements regarding any resulting changes to the Board of Directors and Audit Committee will be forthcoming.

About Magnetic North Acquisition Corp.

Magnetic North invests and manages businesses on behalf of its shareholders and believes that capital alone does not always lead to success. With offices in Calgary and Toronto, our experienced management team applies its considerable management, operations and capital markets expertise to ensure its investee companies are as successful as possible for shareholders. Magnetic North common shares and preferred shares trade on the TSX Venture Exchange under the stock symbol MNC and MNC.PR.A, respectively. For more information about Magnetic North, visit its website at www.magneticnac.com. Magnetic North’s securities filings can also be accessed at www.sedar.com.

For further information, please contact:

Graeme Stephen McCormick
Investor Relations VP, Capital Markets
403-451-0939 403-451-0939
graeme@colwellcapital.com stephen@magneticnac.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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