secwatch / observer
8-K filed January 27, 2026, 6:59 PM ET ticker MGNC CIK 0001949864
other material confidence high sentiment neutral materiality 0.85

Mag Magna Corp. pivots to rare earth minerals; acquires mineral rights for $10.3M

Mag Magna Corp

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Mag Magna Corp issued one (1) share of its Series X Preferred Stock of preferred stock to Harpreet Sangha.

Security
preferred stock
Shares
one (1) share of its Series X Preferred Stock
Purchaser
Harpreet Sangha
Exact text from the filing
In January 2026, the Company issued one (1) share of its Series X Preferred Stock (the “Series X Share” ) to Harpreet Sangha, its sole officer and director and holder of the majority voting power.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Mag Magna Corp: Filed Articles of Amendment to adopt Amended and Restated Articles of Incorporation modifying capital stock, cumulative voting, preemptive rights, shareholder voting, indemnification, director liability, and designating Series X Preferred Stock (effective 2026-01-16).

Change
charter amendment
Effective
2026-01-16
Exact text from the filing
On January 16, 2026, the Company filed with the State of Wyoming an Articles of Amendment to its Articles of Incorporation in the form an Amended and Restated Articles of Incorporation
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Mag Magna Corp entered into Purchase Agreement valued at $300,000 in cash and 2,000,000 shares of common stock of the Company, to be issued within six months (effective 2026-01-19).

Action
entry
Agreement
asset purchase
Value
$300,000 in cash and 2,000,000 shares of common stock of the Company, to be issued within six months
Effective
2026-01-19
Exact text from the filing
On January 19, 2026, Mag Magna Corp., a Wyoming corporation (the “Company” ), the Company entered into a purchase agreement (the “Purchase Agreement” ) relating to certain mineral rights in and to 21 parcels of real property located in Hardin County, Illinois, and three unpatented lode mining claims located in Mohave County, Arizona (collectively, the “Properties” ).
View on SEC.gov

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Mag Magna Corp filing history →

Source: SEC EDGAR
accession 0001683168-26-000557
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