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The company was formed in 2016 and in early 2017, acquired Ursa Major Minerals, a private company that owned the past producing Shakespeare Mine and Shining Tree project. Shakespeare is situated 70 km to the south-west of the Sudbury Basin. Magna has since assembled a contiguous land package of over 180km², much of which has seen little exploration work and yet remains prospective for further nickel, copper and PGM discoveries.
Gran Colombia is a Canadian-based mid-tier gold and silver exploration, development and production company with its primary focus in Colombia. Gran Colombia is currently the largest underground gold and silver producer in Colombia with several underground mines and two processing plants in operation at its Segovia and Marmato Operations.
Teixeira Soapstone is a Hackensack, NJ-based company in the Agriculture and Mining sector.
Bentonite Performance Minerals is a Belle Fourche, SD-based company in the Agriculture and Mining sector.
Ritchie Development Inc is a Wichita, KS-based company in the Agriculture and Mining sector.