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Magna Mining Announces Conditional Approval to Graduate to the Toronto Stock Exchange
SUDBURY, Ontario, May 04, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) ...
About this update from Magna Mining Inc
[{"type":"text","content":"Magna Mining Announces Conditional Approval to Graduate to the Toronto Stock Exchange\nSUDBURY, Ontario, May 04, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (\"TSX\") and graduate from the TSX Venture Exchange (\"TSXV\"). Final approval of the listing is subject to the Company fulfilling all of the requirements of the TSX, including receipt of all required documentation on or before July 29, 2026.The Company will issue a news release once the TSX confirms the date on which trading of Magna Mining’s common shares is expected to commence on the TSX. Concurrently with the graduation to the TSX, the Company's common shares will be delisted from the TSXV. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares. Jason Jessup, CEO of Magna stated, \"Graduating to the Toronto Stock Exchange is a key deliverable for Magna Mining in 2026. A listing on the TSX will provide greater visibility and access to a wider range of potential investors, as well as the opportunity to be included in various indices. As operational momentum continues at our producing McCreedy West copper-precious metals mine in Sudbury, Ontario, we are actively evaluating the return of nickel mining operations at the mine, given the recent improvement in nickel prices. At Levack Mine, we continue to advance towards a restart decision with active underground development and exploration underway in parallel with refurbishment of hoisting infrastructure and preparation of a Preliminary Economic Assessment to be completed in the third quarter. At Crean Hill, we continue with surface infrastructure installation along with the advancement of a Pre-Feasibility Study targeted to be released at the end of Q3.” Cautionary Statement on Forward-Looking Statements All statements, other than statements of historical fact, contained or incorporated by reference in this press release constitute “forward-looking statements” and “forward-looking information” (collectively, “forwar...