Magna Gold Corp. Announces Private Placement Of Common Shares Lead Investments By Eric Sprott And Two Mining Industry Participants

Magna Gold Corp – News

TORONTO, May 19, 2020 – Magna Gold Corp. (TSXV: MGR, OTCQB: MGLQF) (“Magna” or the “Company“) is pleased to announce a non-brokered private placement of up to 17,075,000 common shares in the capital of the Company (the “Offered Shares“) at a price of $0.41 per Offered Share for aggregate gross proceeds of up to $7,000,750 (the “Private Placement“). The Private Placement includes lead investments by Eric Sprott and two mining industry participants.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s