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Magna Mining Inc.
(MENAFN- Baystreet) 09:49 AM EST - Magna Mining Inc.: Announced closing of its non-brokered strategic private placement financing previously announced on July 6, 2026, pursuant to which Alpayana S.A.C. purchased 62,356,682 common shares of the Company at a price of C$2.25 per Share for aggregate gross proceeds of approximately C$140,000,000. As of the closing time on the date hereof, Alpayana holds 19.9% of the issued and outstanding common shares of Magna. Magna Mining Inc.
shares T are trading up $0.02 at $2.74.
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