Magna Mining Inc.

2.16

Canada

1300 Kelly Lake Road, Sudbury, ON P3E 5P4, Canada

705-482-9667

magnamining.com

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Company Press Releases

Magna Mining Reports Results of Levack Mine Preliminary Economic Assessment and Approves Restart of Production

SUDBURY, Ontario, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSX: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for the restart of the fully-permitted Levack Mine (“Levack”), located in the North Range of the Sudbury Basin, northeastern Ontario, Canada. All amounts are expressed in Canadian do...

Magna Mining Expands the R2 Footwall Zone and Intersects Near Surface Mineralization at the Levack Mine in Sudbury, Ontario including 4.0% Nickel, 1.7% Copper and 3.5 g/t Platinum + Palladium + Gold (8.3% CuEq) over 4.6 metres

SUDBURY, Ontario, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSX: NICU) (“Magna” or the “Company”) is pleased to provide the results of ongoing exploration and an update on activities at the past-producing Levack Mine, located in the North Range of the Sudbury Basin, Ontario, Canada (Figure 1). Results released today include additional assays from expansion drilling of the R2 Footwall Zone, delineation drilling at the Intermediate Orebody, as well as initial drilling of the near-surface extension of the West Main Orebody (Figure 2). Highlight...

Magna Mining Announces Closing of C$140 Million Strategic Investment by Alpayana

Not for distribution to United States news wire services or for dissemination in the United States. All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. SUDBURY, Ontario, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSX: NICU) ("Magna" or the "Company") is pleased to announce closing of its non-brokered strategic private placement financing previously announced on July 6, 2026, pursuant to which Alpayana S.A.C. (“Alpayana”) purchased 62,356,682 common shares (the “Shares”) of the Company at a...

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