Highest-materiality recent filing
Mag Magna issues $463K in convertible notes to three investors; forms board committees
Issued $170K 6% convertible note to CFI Capital on Apr 1; net proceeds $153K after OID.
Mag Magna Corp. consultants lock up 89% of 10M S-8 shares through 2026
11 consultants agreed to lock up 8,900,000 shares (89% of 10M S-8 shares) until Dec 31, 2026.
Mag Magna Corp. disavows fraudulent poultry acquisition press release
Fraudulent press release titled "MGNC Announces Strategic Acquisition of Large-Scale Poultry Farming Enterprise" not authorized by company.
Mag Magna issues 10M shares to consultants and legal counsel for rare earth services
Issued 8.7M shares to 13 consultants under separate consulting agreements for rare earth element strategies.
Mag Magna Corp. enters into $30M equity line and $91K convertible notes with Monroe and Lambda
Mag Magna entered Equity Purchase Agreement with Monroe Street Capital Partners for up to $30,000,000 of common stock.
Mag Magna Corp. appoints three new directors; director Noonan resigns but remains CFO
Michael D. Noonan resigned as director effective Feb 9, 2026 for personal reasons; no dispute; remains CFO.
Mag Magna Corp. changes control: Harpreet Sangha acquires 77.2% stake, appointed CEO
Harpreet Sangha acquired 4,500,000 shares (77.20% stake) from Wang Gang for $415,000 (cash $240k + note $175k).
Mag Magna Corp. pivots to rare earth minerals; acquires mineral rights for $10.3M
Acquired 21 IL mineral parcels and 3 AZ lode claims for $300K cash + 2M shares at $5/share ($10M value).
Mag Magna Corp. replaces auditor; Mac Accounting Group resigns, Lawal & Co. appointed
Mac Accounting Group resigned as independent auditor effective November 14, 2025.
Wang Gang acquires 79.65% control of Mag Magna Corp.; appointed CEO and sole director
Wang Gang bought 4,500,000 shares (77.20%) from Oleg Bilinski for $564,380.50 cash.
Mag Magna appoints Tomasz Anczok as Independent Director
Tomasz Anczok appointed Independent Director effective February 21, 2025.
New auditor is Mac Accounting Group & CPAs, LLP, effective June 27, 2024.
Mag Magna Corp. dismisses BF Borgers CPA PC as auditor; no disagreements reported
Dismissed BF Borgers CPA PC as independent registered public accounting firm on May 20, 2024.
On February 21, 2025, Mag Magna Corp (the "Registrant") approved the appointment of Tomasz Anczok, as Independent Director of the Registrant, to be effective as of February 21, 2025
Max materiality 0.85 · Median 0.60 · Most common event other_material