TORONTO, ON / ACCESSWIRE / June 8, 2022 / Thorsen-Fordyce Merchant Capital Inc. (the "Acquiror"), a corporation controlled by Lewis Lawrick, the President and CEO of Magna Terra Minerals Inc. ("Magna Terra" and the "Corporation") announces that it acquired, on June 3, 2022, a total of 1,400,000 units (the "Units") of Magna Terra, with each Unit being comprised of one (1) common share and one-half of one (1/2) common share purchase warrant (the "Warrants"), with each Warrant entitling the holder to acquire one common share of the Magna Terra for a price of $0.15 per common share for a period of 24 months (the "Acquisition"). The Units were purchased from Magna Terra on a private placement basis (the "Transaction").
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