03/25/2026 | Press release | Distributed by Public on 03/25/2026 09:37
Item 8.01 Other Events.
On March 25, 2026, Mag Magna Corp., a Wyoming corporation (the "Company"), was notified of a fraudulent press release (the "Fraudulent Release") with the following headline: MGNC Announces Strategic Acquisition of Large-Scale Poultry Farming Enterprise to Accelerate Commercial Expansion and Revenue Growth. Further, the Company states:
The Company did not authorize the inclusion of its ticker in the Fraudulent Release;
The Company abandoned any business operations associated with the poultry industry, effective December 24, 2025, upon the change-in-control transaction effective as of such date, in favor of its current rare earth element mining plan of business;
No person should rely on the Fraudulent Release; and
The Company has demanded that the Fraudulent Release be stricken by the relevant publishers of the Fraudulent Release.
On March 25, 2026, the Company published the following press release:
"Mag Magna Corp. Addresses Fraudulent Press Release"
LAS VEGAS, NV / ACCESS Newswire / March 25, 2026 / Mag Magna Corp. (OTCID:MGNC) (the "Company"), a rare earth elements mining company, today advised that a press release (the "Fraudulent Release") titled "MGNC Announces Strategic Acquisition of Large-Scale Poultry Farming Enterprise to Accelerate Commercial Expansion and Revenue Growth" was, in fact, not authorized by the Company and is fraudulent on its face. As announced previously, the Company currently only engages in the rare earth elements mining business.
The Company advises that no person should rely on the Fraudulent Release and, further, the Company has demanded that the Fraudulent Release be stricken immediately by the relevant publishers thereof.
ABOUT MAG MAGNA CORP.
The Company engages in the rare earth minerals mining industry, having acquired its first mining properties in January 2026. The Company intends to acquire attractive undeveloped rare earth mineral mining properties and, thereafter, engage in the mining of the present rare earth minerals.