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Bullboard - Stock Discussion Forum
Magna Mining Inc
V.NICU
Alternate Symbol(s):
MGMNF
Metals & Mining
Industrial Metals & Minerals
Magna Mining Inc. is an exploration and development company focused on nickel, copper and platinum group metals (PGM) projects in the Sudbury Region of Ontario, Canada. The Company's flagship assets are the past producing Shakespeare and Crean Hill Mines. The Shakespeare Mine is a feasibility stage project which has permits for the construction of a 4,500 tons per day open pit mine, processing...
plant and tailings storage facility and is surrounded by a contiguous 180 square kilometers (km2) prospective land package. The Shakespeare Project is comprised of around 29 patented claims, three leased claims and 787 mining claims within Dunlop, Porter, Shakespeare, Hyman and Baldwin Townships, and covers an area of 18,074.94 hectares (ha). The Crean Hill Mine is a past producing nickel, copper and PGM mine. The Crean Hill property has an area of patented surface and mining rights consisting of over 255.9 ha. It has a 100% interest in a nickel-copper deposit located near Shining Tree, Ontario.
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Bullboard (TSXV:NICU)
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(22)
•••
diabase1
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Comment by
diabase1
on Jan 14, 2023 10:59am
RE:RE:RE:New Press Release - Magna Mining announces financing as company looks to ramp up exploration in 2023
The Offering is expected to close on or about January 25, 2023.
(13)
•••
Rdjfarms
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Comment by
Rdjfarms
on Jan 13, 2023 9:05pm
RE:RE:New Press Release - Magna Mining announces financing as company looks to ramp up exploration in 2023
Yes, its a private placement through Canacord Genuity. $13 million of charitable flow through shares at $1.815 per share and $3million at $1.10 per common share. Plus some broker shares/warrants to
...more
Star Diamond Corporation Announces Third Quarter 2024 Results
posted Nov 14, 2024 9:00am by
Star Diamond Corp
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Adjusting for $1.0 million in non-cash charges during the current period, the increase in net loss, period over period, was due primarily to increased exploration ...read more
(19)
•••
Stocks2Go
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Comment by
Stocks2Go
on Jan 13, 2023 3:45pm
RE:New Press Release - Magna Mining announces financing as company looks to ramp up exploration in 2023
Does this mean another financing is coming? Don't understand
(0)
•••
PressRelease
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Post by
PressRelease
on Jan 12, 2023 12:00pm
New Press Release - Magna Mining announces financing as company looks to ramp up exploration in 2023
(NewsDirect)Magna Mining CEO Jason Jessup told Proactive the company has entered into an agreement with Canaccord Genuity to help facilitate a financing. Jessup explained more about the financing and working with Canaccord. He also talked about the company’s recent drill results.Proactive Canada...
read article.
(10)
•••
Royal10
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Post by
Royal10
on Jan 12, 2023 10:42am
NICU: lot of risk!
I had a bad experience with the charitable flow-through shares issued by NFG. The shares were issued at $8.00 and they went down under $5.00 in a few days. NFD is still trading at $5.30
...more
(1)
•••
AUSTIN48
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Comment by
AUSTIN48
on Jan 11, 2023 10:36pm
RE:This chart is a beauty !!!!
Agree this one is a rocket with all stars aligned..... Permits cash exploration demand WTF.....a no brainer
(50)
•••
gamer007
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Post by
gamer007
on Jan 11, 2023 11:53am
This chart is a beauty !!!!
According to Doc Jones..(ceo.ca).....................financing was done in 8 hours........... Fundamentals seem to be well supported by the chart action ! The exploration model for Footwall
...more
(19)
•••
Stocks2Go
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Post by
Stocks2Go
on Jan 10, 2023 7:58am
Financing Announced
Regular shares at $1.10 Flow through at $1.815 I was hoping the regular shares woiuld be at a higher price. I guess the broker made the offer quickly.
(4)
•••
MightyPoPo
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Comment by
MightyPoPo
on Jan 10, 2023 7:40am
RE:RE:Cash position
Could smell this one coming..not far off my $1.00 guess
(0)
•••
PressRelease
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Post by
PressRelease
on Jan 10, 2023 7:31am
New Press Release - MAGNA MINING ANNOUNCES PRIVATE PLACEMENT OF FLOW-THROUGH SHARES AND COMMON SHARES
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES/SUDBURY, ON, Jan. 10, 2023 /CNW/ - Magna Mining Inc. (the "Corporation") (TSXV: NICU) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (together with any syndicate of...
read article.
(40)
•••
zwerp2000
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Post by
zwerp2000
on Jan 09, 2023 6:34pm
And we are still very undervalued
$1 billion+ market cap coming
(19)
•••
Stocks2Go
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Comment by
Stocks2Go
on Jan 09, 2023 3:25pm
RE:Nickel Market Faces New Shock as ‘Big Shot’ Boosts Output
Thanks for the article. The Chinese plan could affect the inventories of nickel and restrict prices.
(573)
•••
knoxt
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Post by
knoxt
on Jan 09, 2023 8:55am
premarket ! looking good
MAGNA MINING INC (CA: NICU) Real-time Last
...more
(573)
•••
knoxt
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Post by
knoxt
on Jan 09, 2023 8:53am
drills 98.3 m of 7.2 g/t Pt+Pd+Au at Crean
MAGNA INTERSECTS HIGH GRADE PGM FOOTWALL MINERALIZATION AT CREAN HILL Magna Mining Inc. has released first assays received from drilling on the 109 Footwall (FW) zone at the Crean Hill mine. Drill
...more
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