Magnetic North Acquisition Corp. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CAD 60,000. Operating loss was CAD 364,884 compared to CAD 314,257 a year ago. Net loss was CAD 1.328 million compared to CAD 314,502 a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.