Magnetic North Acquisition Corp.

Equities

MNC

CA55948L1022

Investment Management & Fund Operators

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

Magnetic North Acquisition Corp. announced that it expects to receive CAD 0.5 million in funding

Published on 05/12/2025

S&P Capital IQ

MAGNETIC NORTH ACQUISITION CORP.

-6.25%

Magnetic North Acquisition Corp. announced that it has announced a non-brokered private placement consisting of unsecured, interest-bearing promissory notes for gross proceeds of up to CAD 500,000 on May 13, 2025. The unsecured promissory notes will bear interest at a rate of 10% per annum.

The Term of the Offering will be sixty days from date of Closing of each tranche. Each promissory note will have a face value of CAD 10,000. The closing of the offering is currently anticipated to occur in more than one tranche.

The first tranche of the offering is anticipated to close by or on May 15, 2025.

Latest news about Magnetic North Acquisition Corp.

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
05/10/23	Magnetic North Acquisition To Resume Trading on TSXV	MT
22/09/23	Magnetic North Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	CI

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Company Profile

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.

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