Mag Magna Corp. has entered into a purchase agreement to acquire mineral rights in 21 parcels of real property in Hardin County, Illinois, and three unpatented lode mining claims in Mohave County, Arizona. The total purchase price for the properties is $10.3 million, including a cash component and a retained 2% net smelter return royalty for the seller. This marks the company's first step in its new focus on rare earth mineral exploration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mag Magna Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-000557), on January 27, 2026, and is solely responsible for the information contained therein.