From GlobeNewswire: 2025-06-06 16:15:00

Magnetic North Acquisition Corp. provides an update on the management cease trade order issued by the Alberta Securities Commission due to delayed financial filings. The company expects to file the required documents by June 30, 2025. Magnetic North confirms compliance with alternative information guidelines and plans to issue bi-weekly default status reports. There are no new developments since the default announcement, and the company is not facing insolvency. Magnetic North aims to ensure the success of its investee companies and is listed on the TSX Venture Exchange under the symbols MNC and MNC.PR.A. For more information, visit www.magneticnac.com.



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