---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-001985"
form_type: "8-K"
ticker: "MGNC"
cik: "0001949864"
company_name: "Mag Magna Corp"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:58:14.454738+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Mag Magna issues 10M shares to consultants and legal counsel for rare earth services

## Summary
- Issued 8.7M shares to 13 consultants under separate consulting agreements for rare earth element strategies.
- Issued 1.3M shares to Eric Newlan (Newlan Law Firm) for legal services through Sept 30, 2026, valued at $0.077/share ($100K).
- Consultants directed not to engage in capital-raising or market promotion activities.
- Agreements are for geological reports, due diligence, and corporate/securities legal work.
- Company discloses it currently lacks adequate capital to pursue its full business plan.

## SEC filing metadata
- accession: 0001683168-26-001985
- form_type: 8-K
- ticker: MGNC
- cik: 0001949864
- company_name: Mag Magna Corp
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1949864/000168316826001985/0001683168-26-001985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1949864/000168316826001985/magmagna_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-001985
- JSON: https://secwatch.observer/filing/0001683168-26-001985.json
- Plain text: https://secwatch.observer/filing/0001683168-26-001985.txt

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