Magna Terra Minerals Inc. is pleased to announce that it has completed a first closing of its non-brokered Private Placement totalling $785,000. Due to oversubscribed demand, the Company has increased the offering to up to $1.2 million in common share units. The Company now plans to issue a maximum of 12 million common share units at a price of [...]
Magna Terra Minerals Inc. is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered Private Placement of up to $1 million in common share units. The Company plans to issue up to 10 million common share units at a price of $0.10 per unit. Each common share unit will consist of one common share [...]
Magna Terra Minerals Inc. is pleased to announce that it has identified several priority targets for drill testing including, an opportunity to expand on existing mineral resources at the Rattling Brook Deposit on its 100% owned Great Northern Project , located in western Newfoundland. The Rattling Brook Deposit contains a NI43-101 Inferred Mineral [...]
Magna Terra Minerals Inc. is pleased to announce that it has completed a summer exploration program at its 100% owned Great Northern and Viking Gold Projects , located in western Newfoundland. The purpose of the Exploration Program was to determine if existing mineralized trends continued along strike, or proximal, to known mineralization at [...]
Magna Terra Minerals Inc. is pleased to announce that it has entered into a Letter of Intent to sell its minority interest in the Verneuil Project to SOQUEM Inc. . Verneuil has been governed by an Option and Joint Venture Agreement signed in 1997 between SOQUEM and Normabec Mining Resources Ltd. . Subsequently, in 2009, Brionor Resources Inc [...]
Magna Terra Minerals Inc. is pleased to announce that it has completed a first phase systematic exploration program on its 100% controlled Hawkins Love Gold Project , located in Southern New Brunswick. The Company has finished systematic reconnaissance-scale prospecting, including collection of 160 rock float and grab samples, and geological [...]
Magna Terra Minerals Inc. is pleased to announce that all resolutions proposed to shareholders at the annual and special meeting held today were duly passed. All the nominees listed in the management information circular for the meeting were elected as directors of the Company. Detailed results of the vote for the election of directors are set out [...]
Magna Terra Minerals Inc. is pleased to announce that it has initiated a systematic exploration program at its 100% owned Great Northern and Viking Gold Projects , located in western Newfoundland. The Exploration Program is focused on follow-up prospecting and geological mapping of the numerous geochemical and geophysical anomalies generated at and [...]
Magna Terra Minerals Inc. is pleased to announce the results of the Phase One diamond drill program completed at the highly prospective Emilio Trend at the Cape Spencer Project , located in southern New Brunswick . The Drill Program consisted of 17 drill holes totalling 2,123.2 metres, that successfully tested a 1.2-kilometre section of the larger [...]
Magna Terra Minerals Inc. is pleased to announce that it has started systematic exploration on its 100% interest in the Hawkins Love Gold Project , located in Southern New Brunswick. The Company plans to undertake systematic prospecting, geological mapping, collection of 3,500 B-Horizon soil samples, and a drone magnetic survey designed to cover [...]
Magna Terra Minerals Inc. is pleased to provide the following updates regarding its portfolio of exploration project assets. Beyond the Company's focus on its core exploration assets in Atlantic Canada, Magna Terra continues to add shareholder value through various partnerships and option agreements on its assets in Argentina and Quebec. Boleadora [...]
Magna Terra Minerals Inc. is pleased to announce that it has started a Phase one, 2,000 metre drill program designed to test the highly prospective Emilio Trend at the Cape Spencer Project , located in southern New Brunswick . The Drill Program will test priority targets on the western half of the 5-kilometre Emilio Trend based on recent and [...]
