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Magna Mining Drill Update including 24.9% Cu over 1.6m at Levack Mine

Mining Stock Daily

CHAPTER

Recent Financial Developments and Strategic Investments

This chapter explores the $33.5 million private placement completed in March, consisting of a $10 million equity raise and a $23 million convertible debenture. The discussion highlights the significance of this funding in supporting the development of key projects and maintaining a robust financial position in a challenging market.

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