Mag Magna Corp. Acquires Mineral Rights in Illinois and Arizona for $10.3 Million
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Mag Magna Corp. has acquired mineral rights for $10.3 million in 21 parcels in Hardin County, Illinois, and three mining claims in Mohave County, Arizona. This acquisition marks the company's initial move towards rare earth mineral exploration, including a cash component and a 2% net smelter return royalty for the seller.
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