January 2022

MAGNA MINING INC. ANNOUNCES NON-BINDING MEMORANDUM OF UNDERSTANDING FOR PROPOSED JOINT VENTURE ARRANGEMENT WITH MITSUI & CO. FOR SHAKESPEARE MINE Toronto, Ontario, January 31, 2022 – Magna Mining Inc. (TSXV: NICU) ("Magna" or the "Company") is pleased to announce that it has entered into a non-binding...

SHAKESPEARE NICKEL PROJECT FEASIBILITY STUDY DEMONSTRATES POSITIVE ECONOMICS AND CARBON NEUTRAL NICKEL MINING OPERATION SUDBURY, ONTARIO, CANADA, JANUARY 31, 2022 - Magna Mining Inc (TSXV: NICU) (the “Company”) is pleased to announce the results of the 2022 Feasibility Study for the Shakespeare Nickel Project (“Shakespeare”) located...