secwatch / observer

Mag Magna Corp — fact timeline

Source-grounded facts extracted from Mag Magna Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

MGNC Mag Magna Corp JSON
Equity Issuances

Mag Magna Corp issued convertible note to Silvercrest Hybrid Capital LLC for $170,000.00 principal amount for cash proceeds of $153,000.00.

“Effective April 29, 2026, the Company entered into a Securities Purchase Agreement (the "Silvercrest SPA" ) with Silvercrest Hybrid Capital LLC ( "Silvercrest" ), pursuant to which the Company issued to Silvercrest a 6% convertible redeemable note in the principal amount of $170,000.00 (the "Silvercrest Note" ) for cash proceeds of $153,000.00 (reflecting $17,000.00 original issue discount).”
Equity Issuances

Mag Magna Corp issued convertible note to CFI Capital, LLC for $170,000.00 principal amount for cash proceeds of $153,000.00.

“Effective April 1, 2026, Mag Magna Corp., a Wyoming corporation (the "Company" ), entered into a Securities Purchase Agreement (the "CFI Capital SPA" ) with CFI Capital, LLC ( "CFI Capital" ), pursuant to which the Company issued to CFI Capital a 6% convertible redeemable note in the principal amount of $170,000.00 (the "CFI Capital Note" ) for cash proceeds of $153,000.00 (reflecting $17,000.00 original issue discount).”
Debt Financings

Mag Magna Corp incurred convertible notes of $170,000.00 with Silvercrest Hybrid Capital LLC at 12% per annum maturing 12 months from issue date.

“Effective April 29, 2026, the Company entered into a Securities Purchase Agreement (the “Silvercrest SPA” ) with Silvercrest Hybrid Capital LLC ( “Silvercrest” ), pursuant to which the Company issued to Silvercrest a 6% convertible redeemable note in the principal amount of $170,000.00 (the “Silvercrest Note” ) for cash proceeds of $153,000.00 (reflecting $17,000.00 original issue discount).”
Debt Financings

Mag Magna Corp incurred convertible notes of $170,000.00 with CFI Capital, LLC at 6% per annum maturing 12 months from issue date.

“Effective April 1, 2026, Mag Magna Corp., a Wyoming corporation (the “Company” ), entered into a Securities Purchase Agreement (the “CFI Capital SPA” ) with CFI Capital, LLC ( “CFI Capital” ), pursuant to which the Company issued to CFI Capital a 6% convertible redeemable note in the principal amount of $170,000.00 (the “CFI Capital Note” ) for cash proceeds of $153,000.00 (reflecting $17,000.00 original issue discount).”
Material Agreements

Mag Magna Corp entered into Securities Purchase Agreement with Silvercrest Hybrid Capital with Silvercrest Hybrid Capital LLC valued at $170,000 principal, 6% convertible redeemable note, cash proceeds $153,000 (effective 2026-04-29).

“Effective April 29, 2026, the Company entered into a Securities Purchase Agreement (the "Silvercrest SPA" ) with Silvercrest Hybrid Capital LLC ( "Silvercrest" ), pursuant to which the Company issued to Silvercrest a 6% convertible redeemable note in the principal amount of $170,000.00 (the "Silvercrest Note" ) for cash proceeds of $153,000.00 (reflecting $17,000.00 original issue discount).”
Material Agreements

Mag Magna Corp entered into Securities Purchase Agreement with CFI Capital with CFI Capital, LLC valued at $170,000 principal, 6% convertible redeemable note, cash proceeds $153,000 (effective 2026-04-01).

“Effective April 1, 2026, Mag Magna Corp., a Wyoming corporation (the "Company" ), entered into a Securities Purchase Agreement (the "CFI Capital SPA" ) with CFI Capital, LLC ( "CFI Capital" ), pursuant to which the Company issued to CFI Capital a 6% convertible redeemable note in the principal amount of $170,000.00 (the "CFI Capital Note" ) for cash proceeds of $153,000.00 (reflecting $17,000.00 original issue discount).”
Equity Issuances

Mag Magna Corp issued 40,575 shares of Common Stock of warrant to Lambda Ventures, LLC.

“Lambda was also issued a five-year warrant (the "Lambda Warrant") to purchase 40,575 shares of Common Stock with standard anti-dilution provisions and cashless exercise”
Equity Issuances

Mag Magna Corp issued convertible note to Lambda Ventures, LLC for cash proceeds of $85,530.00.

“the Company issued to Lambda a convertible promissory note in the principal amount of $91,292.40 (the "Lambda Note") for cash proceeds of $85,530.00”
Equity Issuances

Mag Magna Corp issued 40,575 shares of Common Stock of warrant to Monroe Street Capital Partners, LP.

“Monroe was also issued a five-year warrant (the "Monroe Warrant") to purchase 40,575 shares of Common Stock with standard anti-dilution provisions and cashless exercise”
Equity Issuances

Mag Magna Corp issued convertible note to Monroe Street Capital Partners, LP for cash proceeds of $85,530.00.

“the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the "Monroe Note") for cash proceeds of $85,530.00”
Equity Issuances

Mag Magna Corp issued 15,000 shares of Common Stock of common stock to Monroe Street Capital Partners, LP for consideration for entering into the Purchase Agreement.

“the Company agreed to issue 15,000 shares of Common Stock (the "Initial Commitment Shares") to Monroe”
Debt Financings

Mag Magna Corp incurred convertible notes of $91,292.40 with Lambda Ventures, LLC at 10% per annum maturing 12 months from its issue date.

“the Company issued to Lambda a convertible promissory note in the principal amount of $91,292.40 (the “Lambda Note”) for cash proceeds of $85,530.00”
Debt Financings

Mag Magna Corp incurred convertible notes of $91,292.40 with Monroe at 10% per annum maturing 12 months from its issue date.

“the Company issued to Monroe a convertible promissory note in the principal amount of $91,292.40 (the “Monroe Note”) for cash proceeds of $85,530.00”
Material Agreements

Mag Magna Corp entered into Equity Purchase Agreement with Monroe Street Capital Partners, LP valued at Up to $30,000,000.00 of common stock; initial commitment of 15,000 shares; purchase price 80% of low (effective 2026-02-25).

“Item 1.01. Entry into a Material Definitive Agreement. Equity Purchase Agreement Effective February 25, 2026, Mag Magna Corp., a Wyoming corporation (the “Company” ), entered into an Equity Purchase Agreement (the “Purchase Agreement” ) with Monroe Street Capital Partners, LP ( “Monroe” ).”
Equity Issuances

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

“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.”
Governance Changes

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).

“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”
Material Agreements

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).

“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” ).”
M&A Transactions

Mag Magna Corp underwent a change of control involving Harpreet Sangha for $415,000.00 (closed 2025-12-24).

“of the outstanding shares of the Company’s common stock and constitute voting control of the Company. The total consideration paid by Mr. Sangha for the Control Shares was $415,000.00, paid $240,000 by delivery of cash at the closing and $175,000.00 by delivery of a secured promissory note at the closing, with such note due and payable on or before the”
Auditor Changes

Mag Magna Corp engaged Boladale Lawal & Co. as its auditor.

“On December 2, 2025, the Company appointed Boladale Lawal & Co. ( “Lawal & Co.” ) as the Company’s new independent registered public accounting firm, effective immediately.”
Auditor Changes

Mac Accounting Group & CPAs, LLP resigned as auditor of Mag Magna Corp.

“ith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ] Item 4.01. Changes in Registrant’s Certifying Accountant. (a) Former Independent Registered Public Accounting Firm. On November 14, 2025, Mac Accounting Group & CPAs, LLP ( “Mac Accounting Group” ) , resigned as the independent registered public accounting firm of Mag Magna Corp., a Wyoming corporation (the “Company” ), effective immediately.”
M&A Transactions

Mag Magna Corp underwent a change of control involving Wang Gang for $564,380.50 in cash (closed 2025-06-04).

“of the outstanding shares of the Company’s common stock and constitute voting control of the Company. The total consideration paid by Mr. Wang for the Control Shares was $564,380.50 in cash. Additionally, effective June 4, 2025, Mr. Wang acquired an additional 142,372 shares of the Company’s common stock from 18 Company shareholders for a total of $17,846.50”

Tomasz Anczok was appointed as Independent Director at Mag Magna Corp.

“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”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.