---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-000557"
form_type: "8-K"
ticker: "MGNC"
cik: "0001949864"
company_name: "Mag Magna Corp"
filed_at: "2026-01-27T23:59:59+00:00"
generated_at: "2026-05-16T07:37:49.089032+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Acquired 21 IL mineral parcels and 3 AZ lode claims for $300K cash + 2M shares at $5/share ($10M value).
- New CEO Jamal Khurshid and CFO Michael Noonan appointed; board expanded from 1 to 3 directors; Sangha becomes Chairman.
- Amended articles to authorize 500M common shares, 1M preferred; issued Series X Preferred to Sangha with super-voting rights.
- Abandons chicken farming; new focus on rare earth exploration with $100K (2026) and $200K (2027) work commitments.
- Seller retains 2% net smelter return royalty on any future production from the properties.

## SEC filing metadata
- accession: 0001683168-26-000557
- form_type: 8-K
- ticker: MGNC
- cik: 0001949864
- company_name: Mag Magna Corp
- filed_at: 2026-01-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1949864/000168316826000557/0001683168-26-000557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1949864/000168316826000557/magmagna_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-000557
- JSON: https://secwatch.observer/filing/0001683168-26-000557.json
- Plain text: https://secwatch.observer/filing/0001683168-26-000557.txt

## Source-grounded claims
- claim_id: 38ce1edbfa2f287c000af13e836b2439c5427bc4
  claim: 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).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1949864/000168316826000557/0001683168-26-000557-index.htm
- claim_id: 8dada6291927350c1c6f9828d0e3a0dbf926adfa
  claim: 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).
  evidence_excerpt: 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” ).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1949864/000168316826000557/0001683168-26-000557-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.