SUDBURY, Ontario, June 19, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce that it will be graduating from the TSX Venture Exchange ("TSXV") to the Toronto Stock Exchange (the "TSX"). The Common Shares will begin trading on the TSX at market open on Tuesday, June 23, 2026 and will continue to trade under the current stock symbol, "NICU".
In conjunction with the graduation onto the TSX, the Common Shares will be delisted from the TSX Venture Exchange, effective upon the commencement of trading on the TSX. 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 stock symbol or CUSIP for the Common Shares.
Jason Jessup, CEO of Magna, commented: "Graduating to the Toronto Stock Exchange is an important achievement for Magna and reflects the significant progress we have made in building a new, Sudbury-focused Canadian mining company. We expect our TSX listing to enhance Magna's profile within the investment community, improve trading liquidity, and provide greater access to a broader range of investors. This milestone supports our long-term vision of creating value through the acquisition, development, and operation of high-quality polymetallic assets in one of the world's premier mining jurisdictions."
In addition, the Company is pleased to announce the results of its Annual & Special Meeting of Shareholders (the "Meeting") held yesterday. Each of the matters that were tabled at the Meeting for a vote is described in greater detail in the Notice of Annual & Special Meeting of Shareholders and accompanying Management Information Circular dated May 19, 2026 (the "Circular"), which are available under the Company's profile on the SEDAR+ website (at: www.sedarplus.ca).
At the Meeting, the shareholders voted to approve the nominations of directors set out in the Circular and thus elected Jason Jessup, Carl DeLuca, John Seaman, Vernon Baker, and Jonathan Goodman as directors of the Company. Shareholders also voted to approve all other matters put to them for a vote in the Circular, including the proposed appointment of the auditor and the proposed amended and restated omnibus equity incentive plan (the "A&R Plan") of the Company, which will be effective upon the commencement of trading of the Common Shares on the TSX, and the current omnibus equity incentive plan of the Company, which is effective immediately, but will be superseded and replaced in its entirety by the A&R Plan, when it becomes effective.
About Magna Mining Inc.
Magna Mining Inc. is a producing mining company with a strong portfolio of copper, nickel, and precious metals assets located in the world-class Sudbury mining district of Ontario, Canada. The Company's primary asset is the McCreedy West Mine, currently in production, supported by a pipeline of highly prospective past-producing properties including Levack Crean Hill Podolsky, and Shakespeare
Magna Mining is strategically positioned to unlock long-term shareholder value through continued production, exploration upside, and near-term development opportunities across its asset base.
Additional corporate and project information is available at www.magnamining.com and through the Company's public filings on the SEDAR+ website at www.sedarplus.ca.
For further information, please contact:
Jason Jessup
Chief Executive Officer
or
Paul Fowler, CFA
Executive Vice President
705-482-9667
Email: info@magnamining.com
