Magnetic North Acquisition Corp. Announces Organizational Update
19 June 2021 - 9:00AM
Magnetic North Acquisition Corp. (TSXV: MNC;
MNC.PR.A) (“
Magnetic North” or the
“
Company”) is announcing that Ha Tran has resigned
as Chief Financial Officer (“CFO”) effective June 18, 2021.
The Company wishes to thank Ms. Tran for all the
hard work and dedication and provides best wishes for future
opportunities.
About Magnetic North Acquisition Corp.
Magnetic North invests and manages businesses on
behalf of its shareholders and believes that capital alone does not
always lead to success. With offices in Calgary and Toronto, our
experienced management team applies its considerable management,
operations and capital markets expertise to ensure its investee
companies are as successful as possible for shareholders. Magnetic
North common shares and preferred shares trade on the TSX Venture
Exchange under the stock symbol MNC and MNC.PR.A, respectively. The
TSX Venture announced that Magnetic North is a “2021 TSX Venture
50” recipient. For more information about Magnetic North, visit its
website at www.magneticnac.com. Magnetic North’s securities filings
can also be accessed at www.sedar.com.
For Further Information, Please
Contact: |
|
|
Graeme Dick |
Stephen McCormick |
Investor Relations |
VP, Capital Markets |
403-451-0939 |
403-451-0939 |
graeme@colwellcapital.com |
stephen@magneticnac.com |
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this news release.
CAUTIONARY STATEMENT REGARDING FORWARD
LOOKING INFORMATION
This news release contains “forward-looking
information” within the meaning of Canadian securities legislation.
Forward-looking information generally refers to information about
an issuer’s business, capital, or operations that is prospective in
nature, and includes future-oriented financial information about
the issuer’s prospective financial performance or financial
position.
The Company has made certain material
assumptions, including but not limited to: prevailing market
conditions; general business, economic, competitive, political and
social uncertainties; and the ability of the Company to execute and
achieve its business objectives to develop the forward-looking
information in this news release. There can be no assurance that
such statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.
Actual results may vary from the forward-looking
information in this news release due to certain material risk
factors. These risk factors include but are not limited to: adverse
market conditions; reliance on key and qualified personnel; and
regulatory and other risks associated with the industries in which
the Company's portfolio companies operate, in general. The Company
cautions that the foregoing list of material risk factors and
assumptions is not exhaustive.
The Company assumes no obligation to update or
revise the forward-looking information in this news release unless
it is required to do so under Canadian securities
legislation.
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