Magna Terra Minerals closes upsized non-brokered private placement for gross proceeds of $3.75 million

Bitget2026/09/22 12:08

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Magna Terra Minerals closed an upsized non-brokered private placement raising gross proceeds of $3.75 million.
Issued 8,421,056 premium flow-through common shares at $0.24 per share.
Issued 10,000,000 common shares at $0.18 per share.
Proceeds earmarked for Canadian exploration expenses, targeting projects in western Newfoundland and New Brunswick.
Insiders subscribed for 1,285,712 premium flow-through shares; Michael Gentile’s stake rose to 19,757,379 shares, or 15.6%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magna Terra Minerals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609220800NEWSFILECNPR____20260922_315348_1) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magna Terra Minerals closes upsized non-brokered private placement for gross proceeds of $3.75 million

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