Magna Mining Announces Appointment of Greg Huffman to Senior Vice President, Capital Markets
Magna Mining (OTCQX:MGMNF) has appointed Greg Huffman as Senior Vice President, Capital Markets, effective September 17, 2025. Huffman, who previously served as Strategic Advisor to Magna, brings extensive experience from his roles as CEO of Nuclear Fuels Inc and Global Head of Mining Sales at Canaccord Genuity.
The company has also granted 800,000 stock options to officers at a strike price of $2.69. These options have specific vesting conditions tied to time and share price performance, requiring the stock to maintain $5.00 for 20 consecutive trading days and a 36-month vesting period, with a 5-year expiry term.
Magna Mining (OTCQX:MGMNF) ha nominato Greg Huffman Senior Vice President, Capital Markets, con effetto dal 17 settembre 2025. Huffman, che in precedenza ha ricoperto il ruolo di Strategic Advisor per Magna, porta una vasta esperienza maturata nei ruoli di CEO di Nuclear Fuels Inc e Global Head of Mining Sales presso Canaccord Genuity.
L'azienda ha inoltre concesso 800.000 stock options agli executive con un prezzo di esercizio di $2.69. Queste opzioni hanno condizioni di vesting legate al tempo e alle performance del prezzo delle azioni, richiedendo che l'azione mantenga $5.00 per 20 giorni di negoziazione consecutivi e un periodo di vesting di 36 mesi, con una scadenza di 5 anni.
Magna Mining (OTCQX:MGMNF) ha nombrado a Greg Huffman como Vicepresidente Senior de Mercados de Capital, con efecto a partir del 17 de septiembre de 2025. Huffman, que anteriormente se desempeñó como Asesor Estratégico de Magna, aporta una amplia experiencia de sus funciones como CEO de Nuclear Fuels Inc y Global Head of Mining Sales en Canaccord Genuity.
La empresa también ha otorgado 800,000 opciones sobre acciones a los directivos con un precio de ejercicio de $2.69. Estas opciones tienen condiciones de vesting vinculadas al tiempo y al rendimiento del precio de las acciones, exigiendo que la acción se mantenga en $5.00 durante 20 días hábiles consecutivos y una periodo de vesting de 36 meses, con una duración de vencimiento de 5 años.
Magna Mining(OTCQX:MGMNF)가 2025년 9월 17일부터 자본시장 수석 부사장(SVP)으로 Greg Huffman을 임명했습니다. Magna의 전략 고문으로도 재직한 Huffman은 Nuclear Fuels Inc의 CEO 및 Canaccord Genuity의 Global Head of Mining Sales로서의 경력을 통해 풍부한 경험을 가지고 있습니다.
또한 회사는 임원들에게 주식 옵션 800,000주를 부여했으며 행사가격은 $2.69입니다. 이 옵션은 시간 및 주가 성과에 연계된 vesting 조건을 가지며, 주가가 20거래일 연속 5.00달러를 유지하고 36개월의 vesting 기간이 필요하며, 만료 기간은 5년입니다.
Magna Mining (OTCQX:MGMNF) a nommé Greg Huffman Senior Vice President, Capital Markets, à compter du 17 septembre 2025. Huffman, qui occupait auparavant le poste de Strategic Advisor chez Magna, apporte une vaste expérience acquise en tant que PDG de Nuclear Fuels Inc et Global Head of Mining Sales chez Canaccord Genuity.
La société a également accordé 800 000 options sur actions à ses dirigeants avec un prix d'exercice de 2,69 $. Ces options comportent des conditions de vesting liées au temps et à la performance du cours de l'action, nécessitant que l'action se maintienne à 5,00 $ pendant 20 jours de négociation consécutifs et une période de vesting de 36 mois, avec une échéance de 5 ans.
Magna Mining (OTCQX:MGMNF) hat Greg Huffman zum Senior Vice President, Capital Markets, ab dem 17. September 2025 ernannt. Huffman, der zuvor als Strategic Advisor für Magna tätig war, bringt umfassende Erfahrungen aus seinen Positionen als CEO von Nuclear Fuels Inc und Global Head of Mining Sales bei Canaccord Genuity mit.
Das Unternehmen hat außerdem 800.000 Aktienoptionen an die Beauftragten gewährt, mit einem Ausübungspreis von $2.69. Diese Optionen haben spezifische Vesting-Bedingungen, die an Zeit- und Aktienkursentwicklung gebunden sind, wobei die Aktie 5.00 USD für 20 aufeinanderfolgende Handelstage halten muss und eine Vesting-Periode von 36 Monaten vorgesehen ist, mit einer Laufzeit von 5 Jahren.
Magna Mining (OTCQX:MGMNF) قد عيّنت غريغ هافمن كنائب الرئيس الأول للمعلومات Capital Markets، اعتباراً من 17 سبتمبر 2025. كان Huffman قد شغل سابقاً منصب المستشار الاستراتيجي لشركة Magna، وهو يجلب خبرة واسعة من أدواره كـCEO لشركة Nuclear Fuels Inc ورئيس Global لمبيعات التعدين في Canaccord Genuity.
كما منحت الشركة 800,000 خيار أسهم للضباط بسعر تنفيذ قدره $2.69. هذه الخيارات لديها شروط تقادم محددة مرتبطة بالوقت وأداء سعر السهم، وتتطلب أن يحافظ السهم على $5.00 لمدة 20 يوماً تداولياً متتالياً ووجود فترة تقادم مدتها 36 شهراً، مع فترة انتهاء صلاحية قدرها 5 سنوات.
Magna Mining (OTCQX:MGMNF) 已任命 Greg Huffman为资本市场高级副总裁，自 2025 年 9 月 17 日起生效。Huffman 先前担任 Magna 的战略顾问，拥有 Nuclear Fuels Inc 的 CEO 以及 Canaccord Genuity 的全球矿业销售负责人等丰富经验。
公司还向高管授予 800,000 份股票期权，行权价为 $2.69。这些期权设有与时间和股价表现相关的归属条件，要求股票在连续 20 个交易日保持 5.00 美元并设有一个 36 个月的归属期，到期日为 5 年。
- None.
- Potential dilution from 800,000 new stock options under the Omnibus Plan
Sudbury, Ontario--(Newsfile Corp. - September 17, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to announce the appointment of Greg Huffman as Senior Vice President, Capital Markets, effective September 17, 2025.
CEO Jason Jessup stated: "We are delighted that Greg has agreed to join Magna. Greg has supported our company since our go-public transaction and helped us not only raise money but increase our visibility to investors globally. Over the past year, he has served as a Strategic Advisor to Magna. His extensive experience in capital markets coupled with his knowledge of our projects and operations will be invaluable as our company enters our next phase of growth."
Mr. Huffman held the position of Chief Executive Officer, President and Director of Nuclear Fuels Inc until September 2025 when the company was acquired. His extensive career has spanned positions in institutional mining equity sales, fund management, and mining equity research, and he held the position of Global Head of Mining Sales at Canaccord Genuity from 2016 until June 2024. Greg holds a B.Sc. in Earth Sciences (Geology) from the Harquail School of Earth Sciences at Laurentian University in Sudbury, Ontario and serves on the Advisory Board of the Goodman School of Mines, also at Laurentian University.
Grants of Security-Based Compensation
Magna also announces that 800,000 options to purchase an equivalent number of common shares of the Company were granted to certain officers, as follows:
- 800,000 options were granted, effective September 17, 2025, at a strike price of
$2.69 , but vesting only upon the fulfillment of certain time and share price performance conditions, such that certain extended periods of time must elapse and the Company's share price must increase to and remain at certain levels for an extended number of consecutive trade days before the options will vest (the entirety of the options vesting after 36 months from the effective date of grant but only if the Company's share price has been at least$5.00 for 20 consecutive trade days), all with a 5-year term to expiry — such time and share price performance conditions aligning the vesting of the options with sustainable shareholder return.
Such grants have been made under the Company's omnibus equity incentive plan (the "Omnibus Plan") that was approved by the shareholders of the Company on June 26, 2025. The Omnibus Plan is a "rolling"
For additional information regarding the Omnibus Plan, please refer to the management information circular of the Company dated May 26, 2025, which is accessible on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile. The Omnibus Plan has received conditional acceptance from the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.
About Magna Mining Inc.
Magna Mining Inc. is a producing mining company with a strong portfolio of copper, nickel, and platinum group metals (PGM) assets located in the world-class Sudbury mining district of Ontario, Canada. The Company's primary asset is the McCreedy West Mine, currently in production, supported by a pipeline of highly prospective past-producing properties including Levack, Crean Hill, Podolsky, and Shakespeare.
Magna Mining is strategically positioned to unlock long-term shareholder value through continued production, exploration upside, and near-term development opportunities across its asset base.
Additional corporate and project information is available at www.magnamining.com and through the Company's public filings on the SEDAR+ website at www.sedarplus.ca.
For further information, please contact:
Jason Jessup
Chief Executive Officer
Or
Paul Fowler, CFA
Executive Vice President
705-482-9667
Email: info@magnamining.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266742
FAQ
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What are the terms of Magna Mining's new stock option grants announced on September 17, 2025?
What is Magna Mining's Omnibus Plan and when was it approved?
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