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MGR - Magna Gold News Story

C$0.71 0.0  1.4%

Last Trade - 28/01/22

Sector
Basic Materials
Size
Small Cap
Market Cap £76.1m
Enterprise Value £77.3m
Revenue £62.7m
Position in Universe 747th / 2715

BRIEF-Magna Gold Corp Announces Acquisition Of The San Francisco Mine And Private Placement

Sat 7th March, 2020 12:54am
March 6 (Reuters) - Magna Gold Corp  MGR.V :
    * MAGNA GOLD CORP. ANNOUNCES ACQUISITION OF THE SAN
FRANCISCO MINE
AND PRIVATE PLACEMENT
    * MAGNA GOLD CORP - FOLLOWING CLOSING OF ACQUISITION, CO
INTENDS
TO EXECUTE MINE OPERATIONAL IMPROVEMENT PLAN
    * MAGNA GOLD CORP - BELIEVES IT CAN RE-COMMENCE MINING
OPERATIONS
IN NEAR TERM
    * MAGNA GOLD - EXPECTS TO CONCLUDE ONGOING ARBITRATION
PROCESS
WITH PRIOR MINING CONTRACTOR THAT IS RELATED TO OPERATIONS AT
SAN FRANCISCO MINE
    * MAGNA GOLD CORP - HAS ENTERED INTO DEFINITIVE PURCHASE
AGREEMENT
WITH TIMMINS GOLDCORP MEXICO S.A. DE C.V.

Source text for Eikon:  ID:nGNX9gQ2hN 
Further company coverage:  MGR.V 

 ((Briefs@thomsonreuters.com;))
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