![Magna Mining to raise .3m through private placement for Sudbury projects Magna Mining to raise .3m through private placement for Sudbury projects](https://www.mining-technology.com/wp-content/uploads/sites/19/2025/02/Magna-Mining-shutterstock_2368308897-430x241.jpg)
Magna Mining to raise $17.3m through private placement for Sudbury projects
The offering includes up to C$15m ($10.46m) in unsecured convertible debentures. Credit: Phawat/Shutterstock. Canada-based Magna Mining has entered into an agreement with SCP Resource Finance