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Magna Mining closes C$140 million private placement with Alpayana

Verifying
  • Magna Mining closed a strategic private placement with Alpayana for 62,356,682 common shares.
  • C$140,302,534.50 was raised at C$2.25 per share, giving Alpayana 19.9% ownership.
  • Alpayana had no prior ownership and may later change its holdings or nominate a director.
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Magna Mining closes C$140 million private placement with Alpayana - CoinPost Terminal