Magnetic North Acquisition Corp. is a Canada-based investment and merchant banking company. The Company is focused on providing financial advice and services to companies in the clean power technology, oilfield services, consumer products, and technology (software and hardware) sectors. The Company invests and manages businesses on behalf of its shareholders.

Employees

Sector

Investment Management & Fund Operators

Calendar

11-30 - Q3 2026 Earnings Release (Projected)

More about the company

Income Statement and Estimates

More financial data

Delayed Toronto S.E. Other stock markets 14:30:00 02/07/2025 BST			5-day change	1st Jan Change
0.0750 ^CAD	-6.25%		-.--%	-

16/05/25	Magnetic North Acquisition Corp. Announces An Initial Closing Of The Non-Brokered Private Placement	RE
13/05/25	Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement Of Up To CDN$500,000	RE

Capitalization	5.61M 4.05M 3.47M 3.23M 3.01M 365M 6.05M 37.17M 14.62M 175M 15.18M 14.86M 640M	P/E ratio 2022	-0.25x	P/E ratio 2023	-2.73x
Enterprise value	19.18M 13.82M 11.86M 11.05M 10.28M 1.25B 20.68M 127M 49.96M 597M 51.85M 50.78M 2.19B	EV / Sales 2022	-4,471,568x	EV / Sales 2023	19,782,466x
Free-Float	33.49%	Yield 2022 *	-	Yield 2023	-

16/05/25	Magnetic North Acquisition Corp. Announces An Initial Closing Of The Non-Brokered Private Placement	RE
13/05/25	Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement Of Up To CDN$500,000	RE
12/05/25	Magnetic North Acquisition Corp. announced that it expects to receive CAD 0.5 million in funding	CI
08/05/25	Magnetic North Acquisition Corp. Announces Delay In Filing Of Annual Financial Statements And Application For Management Cease Trade Order	RE
30/12/24	Magnetic North Acquisition Announces Non-Brokered Private Placement of Up to C$15.8 Million	MT
29/12/24	Magnetic North Acquisition Corp. announced that it expects to receive CAD 15.8 million in funding	CI
28/11/24	Magnetic North Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
11/10/24	Magnetic North Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI
11/10/24	Magnetic North Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
10/10/24	Magnetic North Acquisition Corp. Auditor Raises 'Going Concern' Doubt	CI
29/11/23	Magnetic North Acquisition Corp. Enters into New Credit Facility	CI
27/11/23	Magnetic North Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI
11/10/23	Magnetic North Acquisition Corp. Appoints Shahid Qureshi as Director	CI

03/07/25	Canadian Investment Regulatory Organization Trading Halt - MNC	AQ
28/02/25	MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES TIMING UPDATE ON NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.4 MILLION)	AQ
13/02/25	MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES TIMING UPDATE ON NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.4 MILLION)	AQ
31/12/24	/C O R R E C T I O N -- Magnetic North Acquisition Corp./	AQ
30/12/24	MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES A NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.8 MILLION)	AQ

Magnetic North Acquisition Corp. Share Price

Equities

MNC

CA55948L1022

Investment Management & Fund Operators

Valuation: Magnetic North Acquisition Corp.

Chart: Magnetic North Acquisition Corp.

Latest news: Magnetic North Acquisition Corp.

Press Releases: Magnetic North Acquisition Corp.

Quotes and Performance

Course Extremes

Managers and Directors: Magnetic North Acquisition Corp.

Venture Capital

Financials

Company Profile

Income Statement and Estimates

1 year	0.06	0.26
3 years	0.01	0.26
5 years	0.01	0.74
10 years	0.01	1.03

Manager	Title	Age	Since
Kevin Spall CEO	Chief Executive Officer	-	21/10/2019
Andrew Osis CEO	Chief Executive Officer	-	21/10/2019
Lance McIntosh DFI	Director of Finance/CFO	-	23/03/2023

Director	Title	Age	Since
Andrew Osis BRD	Director/Board Member	-	21/10/2019
Kevin Spall BRD	Director/Board Member	-	21/10/2019
Ian Wild CHM	Chairman	-	21/10/2019

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
MAGNETIC NORTH ACQUISITION CORP.	-6.25%	-.--%	+25.00%	+150.00%	3.19M
HERCULES CAPITAL, INC.	+1.67%	+3.29%	-6.50%	+38.02%	3.33B
HBM HEALTHCARE INVESTMENTS AG	0.00%	+3.79%	+28.73%	+8.37%	1.94B
MOLTEN VENTURES PLC	-0.59%	-0.59%	+82.62%	+24.76%	1.23B
OCTOPUS APOLLO VCT PLC	0.00%	0.00%	+2.21%	-1.49%	650M
OCTOPUS TITAN VCT PLC	0.00%	-4.26%	-48.28%	-73.37%	498M
CION INVESTMENT CORPORATION	+1.70%	+1.81%	-14.71%	-10.56%	486M
MIRAE ASSET VENTURE INVESTMENT CO., LTD.	-5.04%	-16.06%	+167.81%	+183.37%	471M
WOORI TECHNOLOGY INVESTMENT CO., LTD	+2.59%	-4.45%	-1.44%	+78.83%	386M
ALBION ENTERPRISE VCT PLC	0.00%	0.00%	-3.59%	-10.79%	363M
Average	-0.83%	-2.11%	+23.19%	+38.71%	935.63M
Weighted average by Cap.	-0.40%	+0.75%	+19.60%	+26.07%

	2022	2023
Net sales	-4.26 -3.07 -2.63 -2.45 -2.28 -277.13 -4.59 -28.2 -11.09 -132.57 -11.51 -11.28 -485.77	0.88 0.63 0.54 0.51 0.47 57.26 0.95 5.83 2.29 27.39 2.38 2.33 100.36
Net income	-5.85M -4.22M -3.62M -3.37M -3.14M -381M -6.31M -38.74M -15.24M -182M -15.82M -15.49M -667M	-1.41M -1.01M -870K -810K -754K -91.57M -1.52M -9.32M -3.67M -43.8M -3.8M -3.73M -161M
Net Debt	17.57M 12.66M 10.87M 10.12M 9.41M 1.14B 18.94M 116M 45.76M 547M 47.49M 46.51M 2B	13.57M 9.78M 8.39M 7.81M 7.27M 883M 14.63M 89.82M 35.34M 422M 36.67M 35.92M 1.55B