Magna Mining Included in 2025 TSX Venture 50 List of Top Performing Companies

February 19, 2025 at 07:35 AM EST

Sudbury, Ontario--(Newsfile Corp. - February 19, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that it has been included in the 2025 TSX Venture 50 list. The TSX Venture 50™ is a ranking of the top fifty performing companies on the TSX Venture Exchange (the "TSXV") over the prior year.

Magna is a growth-focused, copper and nickel mining company based in Sudbury, one of the longest established and prolific mining centres in North America.

Jason Jessup, CEO of Magna Mining Inc. stated, "To earn a ranking on the 2025 TSX Venture 50 list is an incredible achievement in such a highly competitive space. Our business plan was conceived almost a decade ago, and it has taken many years of hard work, dedication and commitment by our team to get to where we are today as a company. We are both incredibly proud and honoured to receive this recognition from the TSXV."

More details on the 2025 TSX Venture 50 can be found at the following link: TSXV Venture 50.

About Magna Mining Inc.

Magna Mining is an exploration and development company focused on nickel, copper and PGM projects in the Sudbury Region of Ontario, Canada. The Company's current assets are the past producing Shakespeare and Crean Hill Mines. The Shakespeare Mine is a feasibility stage project which has major permits for the construction of a 4,500 tonne per day open pit mine, processing plant and tailings storage facility and is surrounded by a contiguous 180km² prospective land package. Crean Hill is a past producing nickel, copper and PGM mine with a preliminary economic assessment technical report dated November 1, 2024. Additional information about the Corporation is available on SEDAR+ (www.sedarplus.ca) and on the Corporation's website (www.magnamining.com).

For further information on this news release, visit www.magnamining.com or contact:

Jason Jessup
Chief Executive Officer

or
Paul Fowler, CFA
Senior Vice President

705-482-9667
Email: info@magnamining.com

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance including in respect of the timing and ability of the Company to complete the Transaction within the proposed timeline,; (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Such forward-looking information includes, but is not limited to, the significance of the Company's inclusion on the TSX Venture 50; Magna's ability to continue growing its business; and the significance of Sudbury being one of the longest established and prolific mining centers in North America. This forward-looking information is based on reasonable assumptions and estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241387

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Magna Mining Included in 2025 TSX Venture 50 List of Top Performing Companies

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