Magna Mining Announces Graduation to the Toronto Stock Exchange and Results of Annual & Special Meeting of Shareholders

Executive Summary

• Magna Mining Inc. announced its graduation from the TSX Venture Exchange to the Toronto Stock Exchange (TSX), with trading commencing on June 23, 2026, under the unchanged symbol “NICU”.
• The company reported the results of its Annual & Special Meeting of Shareholders, including the election of five directors, approval of the auditor, and adoption of an amended and restated omnibus equity incentive plan.
• The listing change is purely administrative; shareholders are not required to exchange share certificates or take any action, as the CUSIP and stock symbol remain unchanged.

Key Details

• TSX Listing Commencement: Common shares will begin trading on the TSX at market open on Tuesday, June 23, 2026.
• Delisting: Common shares will be delisted from the TSX Venture Exchange effective upon the commencement of TSX trading.
• Symbol & CUSIP: No change; shares will continue to trade under the symbol “NICU” with the existing CUSIP.
• Shareholder Action: None required; no certificate exchange or other action needed in connection with the listing change.
• Director Elections: Jason Jessup, Carl DeLuca, John Seaman, Vernon Baker, and Jonathan Goodman were elected as directors of the Company.
• Auditor Appointment: Shareholders approved the proposed appointment of the auditor.
• Equity Incentive Plan: Shareholders approved the amended and restated omnibus equity incentive plan (A&R Plan), which will become effective upon TSX trading commencement and will supersede the current plan effective immediately.
• Reference Filings: Notice of Annual & Special Meeting and Management Information Circular dated May 19, 2026 are available on SEDAR+.

Notable Quotes

• Jason Jessup, CEO: “Graduating to the Toronto Stock Exchange is an important achievement for Magna and reflects the significant progress we have made in building a new, Sudbury-focused Canadian mining company. We expect our TSX listing to enhance Magna’s profile within the investment community, improve trading liquidity, and provide greater access to a broader range of investors. This milestone supports our long-term vision of creating value through the acquisition, development, and operation of high-quality polymetallic assets in one of the world’s premier mining jurisdictions.”