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Magna Mining Announces Appointment of Greg Huffman to Senior Vice President, Capital Markets
Sudbury, Ontario--(Newsfile Corp. - September 17, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: ...
About this update from Magna Mining Inc
[{"type":"text","content":"Magna Mining Announces Appointment of Greg Huffman to Senior Vice President, Capital MarketsSudbury, Ontario--(Newsfile Corp. - September 17, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (\"Magna\" or the \"Company\") is pleased to announce the appointment of Greg Huffman as Senior Vice President, Capital Markets, effective September 17, 2025. CEO Jason Jessup stated: \"We are delighted that Greg has agreed to join Magna. Greg has supported our company since our go-public transaction and helped us not only raise money but increase our visibility to investors globally. Over the past year, he has served as a Strategic Advisor to Magna. His extensive experience in capital markets coupled with his knowledge of our projects and operations will be invaluable as our company enters our next phase of growth.\"Mr. Huffman held the position of Chief Executive Officer, President and Director of Nuclear Fuels Inc until September 2025 when the company was acquired. His extensive career has spanned positions in institutional mining equity sales, fund management, and mining equity research, and he held the position of Global Head of Mining Sales at Canaccord Genuity from 2016 until June 2024. Greg holds a B.Sc. in Earth Sciences (Geology) from the Harquail School of Earth Sciences at Laurentian University in Sudbury, Ontario and serves on the Advisory Board of the Goodman School of Mines, also at Laurentian University.Grants of Security-Based CompensationMagna also announces that 800,000 options to purchase an equivalent number of common shares of the Company were granted to certain officers, as follows:800,000 options were granted, effective September 17, 2025, at a strike price of $2.69, but vesting only upon the fulfillment of certain time and share price performance conditions, such that certain extended periods of time must elapse and the Company's share price must increase to and remain at certain levels for an extended number of consecutive trade days before the options will vest (the entirety of the options vesting after 36 months from the effective date of grant but only if the Company's share price has been at least $5.00 for 20 consecutive trade days), all with a 5-year term to expiry — such time and share price performance conditions aligning the vesting of the options with sustainable shareholder return.S...