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Magna Mining (V:NICU) has notable insider buying

Updated Thursday Oct 03, 2024 02:59 AM EDT

Ann-Marie Finney, a Senior Officer, acquired 144,999 Common Shares on a direct ownership basis at prices ranging from $0.440 and $0.870 through an exercise of options on October 1st, 2024. This represents a $92,466 investment into the company's shares and an account share holdings change of greater than 100%.

Magna Mining is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

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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Go to Magna Mining Inc. (NICU)'s company page

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