Magnum Goldcorp Inc. (V:MGI*CA)
Business Focus: Diversified Mining
Jun 13, 2023 01:56 pm ET
Magnum Goldcorp Inc. Closes Non-Brokered Private Placement
West Vancouver, British Columbia--(Newsfile Corp. - June 13, 2023) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") announces that further to its news release of May 1, 2023, the Company has now closed its private placement. The Company has raised a total of $60,000 through the issuance of 2,000,000 units (the "Units") at $0.03 per Unit. Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share for a period of 2 years at an exercise price of $0.05 in the first 12 months, and at an exercise price of $0.10 in the second 12 months. No finders' fees were paid in connection with the private placement.
May 01, 2023 02:50 pm ET
The Power Play by The Market Herald Releases New Interviews with Else Nutrition, Mullen Group and Magnum Goldcorp Discussing Their Latest News
VANCOUVER, BC / ACCESSWIRE / May 1, 2023 / The Power Play by The Market Herald has announced the release of new interviews with Else Nutrition, Mullen Group and Magnum Goldcorp discussing their latest news.
May 01, 2023 09:00 am ET
Magnum Goldcorp Inc. Announces Non-Brokered Private Placements
West Vancouver, British Columbia--(Newsfile Corp. - May 1, 2023) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") announces that, subject to regulatory approval, the Company intends to proceed with a flow through and a non-flow through non-brokered private placement. Under the flow through private placement (the "FT Private Placement"), the Company intends to raise up to $400,000 by the issuance of 8,000,000 flow through shares (the "FT Shares") at $0.05 per FT Share. Under the non-flow through private placement (the "NFT Private Placement"), the Company intends to raise up to $300,000 by the issuance of 10,000,000 non-flow through units (the "NFT Units") at $0.03 per NFT Unit. Each NFT Unit will consist of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share for a period of 2 years at an exercise price of $0.05 in the first 12 months, and at an exercise price of $0.10 in the second 12 months. With respect to these private placements, the Company may pay finders' fees in the amount of 10%, payable in cash or NFT Units, based on the sale of the FT Shares and NFT Units purchased by subscribers introduced to the Company by such finders.
Apr 21, 2023 01:25 pm ET
Douglas L. Mason - Early Warning Disclosure
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2023) - Douglas L. Mason ("Mason"), along with Waterfront Capital Partners Inc. and Beachfront Enterprises Limited Partnership, companies which Mr. Mason beneficially owns, directly or indirectly, or has control or direction over, (collectively with Mason, the "Mason Entities") disposed of 1,573,000 Magnum Goldcorp Inc. shares for aggregate consideration of $62,920. Prior to the disposition, the Mason Entities owned 3,044,314 Common Shares and held 750,000 options to acquire Common Shares ("Options") and 3,150,000 warrants ("Warrants"), representing approximately 17.138% of the issued and outstanding Common Shares on a partially diluted basis assuming the exercise of the Mason Entities' options and the settlement of the Mason Entities' Warrants into Common Shares. Following the disposition, the Mason Entities own 1,471,314 Common Shares, 750,000 Options and 3,150,000 Warrants, representing approximately 13.256% of the issued and outstanding Common Shares on a partially diluted basis assuming the exercise of the Mason Entities' options and the settlement of the Mason Entities' Warrants into Common Shares.
Aug 16, 2022 09:00 am ET
Magnum Goldcorp Intersects Multiple High Grade Gold Intervals, Including 3.47 m of 13.90 g/t and 9.30 m of 4.51 g/t
West Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") is pleased to announce encouraging analytical results from the Company's recently completed helicopter-supported drill program on its gold exploration property (the "LH Property"), located near Silverton, British Columbia. The LH Property consists of 19 contiguous crown granted claims, seven mineral claims and a mineral lease located approximately 6 km south of Silverton, east of Slocan Lake.
Jul 04, 2022 01:41 pm ET
Magnum Goldcorp Inc. Provides Initial LH Property Exploration Update
West Vancouver, British Columbia--(Newsfile Corp. - July 4, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") announces that further to its news release of May 30, 2022, the Company has completed a diamond drill program on its LH Property, located near Silverton, British Columbia.
Jun 01, 2022 06:13 pm ET
Magnum Goldcorp Inc. Issues Stock Options
West Vancouver, British Columbia--(Newsfile Corp. - June 1, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") announces that in accordance with the terms of the Company's stock option plan, the Company has granted 200,000 incentive stock options to certain directors, officers, employees and consultants, at an exercise price of $0.05 per share for a term of one year.
May 30, 2022 01:48 pm ET
Magnum Goldcorp Inc. Initiates Drill Program On its LH Gold Exploration Property, BC
West Vancouver, British Columbia--(Newsfile Corp. - May 30, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") is pleased to provide its 2022 plans to further explore the Company's LH Property located near Silverton, British Columbia.
May 03, 2022 07:07 pm ET
Magnum Goldcorp Inc. Closes Non-Brokered Private Placement
West Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") announces that further to its news release of March 29, 2022, the Company has now closed its private placement. The Company has raised a total of $150,000 through the issuance of 3,000,000 units (the "Units") at $0.05 per Unit. Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share for a period of 5 years at an exercise price of $0.10. No finders' fees were paid in connection with the private placement.
Apr 08, 2022 04:42 pm ET
Magnum Goldcorp Inc. Announces Directors Participation in Gypsy Swap
West Vancouver, British Columbia--(Newsfile Corp. - April 8, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") announces that certain directors have sold an aggregate of 1,500,000 common shares of Magnum on April 8, 2022 from their personal holdings through the facilities of the TSX Venture Exchange. The directors will use all of the net proceeds from the sale of these shares to purchase units under Magnum's non-brokered private placement financing announced on March 29, 2022.
Apr 07, 2022 03:15 pm ET
Magnum Goldcorp Inc. Announces 2022 LH Property Exploration Plans and Issues Stock Options
West Vancouver, British Columbia--(Newsfile Corp. - April 7, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") is pleased to provide its 2022 plans to further explore the Company's LH Property located near Silverton, British Columbia.
Mar 29, 2022 07:13 pm ET
Magnum Goldcorp Inc. Receives LH Property Work Permit and Announces Non-Brokered Private Placement
West Vancouver, British Columbia--(Newsfile Corp. - March 29, 2022) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") announces that further to its news release of December 1, 2021, the Company is pleased to report that it has received an approved work permit in order to proceed with its planned exploration on its LH Property located near Silverton, British Columbia.
Feb 08, 2018 01:47 pm ET
LH Property Update: Magnum Goldcorp Hits High Grade Gold - 8.5m of 7.10 g/t, including 6.1m of 8.63 g/t, and as well, 12m of 1.6 g/t
West Vancouver, British Columbia--(Newsfile Corp. - February 8, 2018) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") is pleased to announce analytical results from the Company's successful helicopter-supported drill program recently completed on its gold exploration property (the "LH Property"). The LH Property consists of 19 contiguous crown granted claims and six mineral claims located approximately 7 km south of Silverton, British Columbia, on the east side of Slocan Lake. Access to the LH Property is via Highway 6 for 1.8 km south of Silverton and then via Red Mountain Road for 1.6 km and a four-wheel drive road along Fingland Creek for 9 km.
Nov 29, 2017 02:01 pm ET
Magnum Goldcorp Closes Second (Final) Tranche of Non-Brokered Private Placements
West Vancouver, British Columbia--(Newsfile Corp. - November 29, 2017) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") Further to the Company's news releases of September 8 and October 25, 2017, Magnum is pleased to announce that it has closed the second and final tranche of its flow through and non-flow through non-brokered private placements. Under the first tranche, the Company raised $221,040 by the issuance of 3,684,000 flow through shares (the "FT Shares") at $0.06 per FT Share. Under the second tranche, the Company has raised an additional $576,000 by the issuance of 700,000 FT Shares at $0.06 per FT Share and 10,680,000 non-flow through units (the "NFT Units") at $0.05 per NFT Unit. Each NFT Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share for a period of 2 years at an exercise price of $0.10. In connection with the closing of the second tranche of the private placement, finders' fees in the amount of $22,700 were paid in cash by the Company (being 10% of the gross proceeds raised by the Company from investors introduced to the Company by such finders). All the securities issued pursuant to the second tranche of the private placement are subject to a hold period expiring March 29, 2018.
Oct 26, 2017 09:30 am ET
Magnum Goldcorp Receives Permit and Initiates Drill Program on its LH Gold Exploration Property, BC
West Vancouver, British Columbia--(Newsfile Corp. - October 26, 2017) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") is pleased to provide an update on its "LH" gold exploration property (the "LH Property"). The LH Property consists of 19 contiguous crown granted claims and six mineral claims located approximately 7 km south of Silverton, British Columbia, on the east side of Slocan Lake.
Oct 25, 2017 02:37 pm ET
Magnum Goldcorp Closes First Tranche of Non-Brokered Private Placements
West Vancouver, British Columbia--(Newsfile Corp. - October 25, 2017) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") - Further to the Company's news releases of September 8 and October 20, 2017, Magnum is pleased to announce that it has closed the first tranche of its non-brokered private placement offerings (the "Private Placements"). Under the first tranche, the Company has raised $221,040 by the issuance of 3,684,000 flow through shares (the "FT Shares") at $0.06 per FT Share. In connection with the closing of tranche 1, finder's fees in the amount of $14,400 were paid to PI Financial Corp. ("PI") in cash, being 10% of the gross proceeds raised by the Company from investors introduced to the Company by PI. All the securities issued pursuant to the first tranche of the Private Placements are subject to a hold period expiring February 26, 2018. The Company anticipates receiving additional subscriptions for its flow through and non-flow through Private Placements, and following receipt of the same, a further closing will be completed and announced.
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