(Magna Gold, 19.Apr.2022) — Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) issued an aggregate of 1,660,132 common shares in the capital of the company at a deemed price of $0.76 per common share to PEAL de Mexico S.A. de C.V. in settlement of outstanding debt in the aggregate amount of US$1,000,000 (the “Debt […]
Tag: Magna Gold Corp.
Magna Achieves Full-Scale Production At San Francisco
(Magna Gold, 29.Jun.2021) — Magna Gold Corp. (TSXV: MGR), (OTCQB: MGLQF) achieved full-scale and steady state commercial production at its 100% owned flagship San Francisco Mine, located in Sonora, Mexico. Commercial production was achieved on schedule on 1 June 2021, as outlined in the company’s press release dated 13 April […]
Magna Gold On Final Payments For The San Francisco Mine Purchase
(Magna Gold, 7.May.2021) — Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) announced payment of $5mn to Argonaut Gold Inc. in relation to the acquisition of the San Francisco Mine.   Pursuant to a definitive share purchase agreement dated 5 March 2020, as amended 24 April 2020, between Mexican subsidiaries of Argonaut and Magna for […]