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Magna Mining Closes Final Tranche of Non-Brokered Private Placement

Magna Mining Inc. is pleased to announce, further to its press releases dated September 29, 2021, October 22, 2021 and October 28, 2021, that it has closed the final tranche of its previously announced non-brokered private placement pursuant to which the Company sold an aggregate of 1,107,800 flow-through common shares at a price of $0.45 per share, for aggregate gross proceeds of $498,510. Together with the first .

Magna Mining Intersects 52 57 Metres of Ni-Cu-PGM Mineralization at the Shakespeare Project, Ontario, Canada

Magna Mining Inc. is pleased to announce assay results from recent drilling at its Shakespeare Project, located near Sudbury, Ontario. All holes reported are in the immediate vicinity of the Shakespeare West Zone, Gap Zone and East Zone. Drilling and assay results demonstrate the potential to expand on existing shallow resources and close the gap between the currently defined West and East Zones. Jason Jessup, Chief .

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