Magnitude Mining Ltd.

Recent News

  • Magnitude and Pucara Announce Closing of Qualifying Transaction and Agreement with Mackie Research

    Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) - Magnitude Mining Ltd. (TSXV: MML.P) ("Magnitude") and Pucara Resources Corp. ("Pucara") are pleased to report that they have closed their previously announced arrangement which resulted in a reverse take-over of Magnitude by the shareholders of Pucara and which constituted Magnitude's Qualifying Transaction, as defined under TSX Venture Exchange Policy 2.4 - Capital Pool Companies (the "Transaction"). In connection with the closing of the Transaction, Magnitude also completed a 2:1 consolidation...

    2020-09-30 5:59 PM ET
  • Magnitude Mining Ltd. Announces Filing of Filing Statement and Technical Report in Connection with Qualifying Transaction and Name Change and Consolidation

    Vancouver, British Columbia--(Newsfile Corp. - September 22, 2020) - Magnitude Mining Ltd. (TSXV: MML.P) ("Magnitude" or the "Company") is pleased to announce that it has filed a filing statement dated September 22, 2020 (the "Filing Statement") with the TSX Venture Exchange (the "TSXV") for the business combination transaction (the "Transaction") with Pucara Resources Corp. ("Pucara") previously announced in the Company's news release dated March 11, 2020 and updated on June 10, 2020 and July 15, 2020, and which will constitute...

    2020-09-22 5:00 PM ET
  • Magnitude Mining Announces Increased Financing Size in Qualifying Transaction with Pucara Resources

    Vancouver, British Columbia--(Newsfile Corp. - July 15, 2020) - Magnitude Mining Ltd. (TSXV: MML.P) ("Magnitude" or the "Company") is pleased to announce that Pucara Resources Corp. ("Pucara") has increased the size of its private placement to raise gross proceeds of $8.5 million in connection with the Company's Qualifying Transaction.The Pucara private placement will be comprised of subscription receipts offered at $0.40 per subscription receipt. Each subscription receipt will be automatically exercised, for no additional consideration, for one common share...

    2020-07-15 10:16 AM ET
  • Magnitude Mining Ltd. Provides Update on Qualifying Transaction with Pucara Resources Corp.

    Vancouver, British Columbia--(Newsfile Corp. - June 10, 2020) - Magnitude Mining Ltd. (TSXV: MML.P) ("Magnitude" or the "Company") is pleased to provide an update on its previously announced proposed qualifying transaction with Pucara Resources Corp. ("Pucara").On March 11, 2020, Magnitude announced that it entered into an arrangement agreement dated March 10, 2020 (the "Arrangement Agreement") with Pucara Resources Corp. ("Pucara"), pursuant to which the parties have agreed to complete a business combination (the "Transaction") by way of statutory plan...

    2020-06-10 5:08 PM ET
  • Magnitude Mining Ltd. Provides Details for Shareholders Regarding Virtual Annual General and Special Meeting

    Vancouver, British Columbia--(Newsfile Corp. - May 5, 2020) -  Magnitude Mining Ltd. (TSXV: MML.P) ("Magnitude" or the "Company") will be holding its Annual General and Special Meeting of Shareholders (the "AGSM") on Wednesday, May 13th, 2020 at 11am PDT. The physical location of the AGM, as required by the British Columbia Business Corporations Act, has been designated as Magnitude's head office (located at Suite 1400, 400 Burrard St, Vancouver, British Columbia, V6C 3A6 Canada), however the AGSM will be held...

    2020-05-05 3:20 PM ET
  • Magnitude Mining Ltd. Enters into Definitive Agreement for Qualifying Transaction with Pucara Resources Corp.

    Vancouver, British Columbia--(Newsfile Corp. - March 11, 2020) - Magnitude Mining Ltd. (TSXV: MML.P) ("Magnitude" or the "Company") is pleased to announce that it has entered into an arrangement agreement dated March 10, 2020 (the "Arrangement Agreement") with Pucara Resources Corp. ("Pucara"), pursuant to which the parties have agreed to complete a business combination (the "Transaction") by way of statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") that will have the effect of Magnitude...

    2020-03-11 8:00 AM ET
  • Magnitude Mining Ltd. Terminates Amalgamation Agreement with PesoRama Inc.

    Vancouver, British Columbia--(Newsfile Corp. - April 1, 2019) - Magnitude Mining Ltd. (TSXV: MML.P) (the "Company"), a capital pool company listed on the TSX Venture Exchange (the "TSXV"), announces that the transaction (the "Transaction") between the Company, Pesorama Inc. ("PesoRama") and 11123807 Canada Corp., as previously announced on December 10, 2018, will not be proceeding. The Company provided PesoRama with notice of termination today, pursuant to the terms of the amalgamation agreement dated December 6, 2018. The Company will...

    2019-04-01 11:20 AM ET
  • Magnitude Mining Ltd. and PesoRama Inc. Announce Execution of Amalgamation Agreement

    Vancouver, British Columbia--(Newsfile Corp. - December 10, 2018) - Magnitude Mining Ltd. (TSXV: MML.P) (the "Corporation" or "Magnitude") and PesoRama Inc. ("PesoRama") are pleased to announce that they have entered into an amalgamation agreement dated December 6, 2018 ("Amalgamation Agreement") between the Corporation, PesoRama and 11123807 Canada Corp. ("Subco"), a wholly-owned subsidiary of the Corporation, which sets forth the terms and conditions upon which Magnitude will acquire PesoRama by way of reverse takeover (the "Proposed Transaction") in accordance with the...

    2018-12-10 4:50 PM ET