Hawke’s Point has invested in Magna Mining Inc. (“Magna Mining”). Magna Mining is an exploration and development company focused on copper, nickel and PGM projects in the Sudbury region of Ontario, Canada. This marks Hawke’s Point’s first investment in Canada.

Investment proceeds will be used to fund the acquisition by Magna Mining of the past-producing Crean Hill mine, as well as to support ongoing exploration and development across Magna Mining’s broader asset base.

Hawke’s Point looks forward to supporting Magna Mining as it continues to advance its projects in the Sudbury region.