Magna Terra Files Early Warning Report on Gold Hunter Investment

Magna Terra Minerals Inc. has announced the filing of an early warning report regarding its stake in Gold Hunter Resources Inc. The move follows Gold Hunter's completion of a private placement on March 11, 2025, raising gross proceeds of $1,706,199.92 through the issuance of 28,436,665 units priced at $0.06 each. Each unit includes one common share and half a transferable purchase warrant. Following the private placement, Magna Terra's ownership in Gold Hunter decreased from approximately 11.66% to 7.89%, falling below the 10% early warning reporting threshold.

The ownership was initially related to an option agreement between the two companies, as previously reported in June 2024. The report was filed under National Instrument 62-103, and further details can be accessed through Gold Hunter's SEDAR+ profile.