Magna Terra Minerals acquires 100% of three Santa Cruz gold-silver projects for US$25,000 and 1,250,000 shares

Bitget2026/09/24 12:03

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Magna Terra Minerals acquired 100% of the Cerro Covadonga, El Meridiano, La Rosita gold-silver projects in Santa Cruz, Argentina.
US$ 25,000 cash consideration; issuance of 1,250,000 common shares.
Deal terminates the prior option, removing remaining US$ 290,000 cash commitments.
Transaction also eliminates a 2% net smelter royalty on each project.
Portfolio in Santa Cruz rises to six projects covering about 79,000 hectares.

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. Magna Terra Minerals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609240800NEWSFILECNPR____20260924_315799_1) on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magna Terra Minerals acquires 100% of three Santa Cruz gold-silver projects for US$25,000 and 1,250,000 shares

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