Mag Magna Corp 8-K

What Happened
Mag Magna Corp (OTC: MGNC) filed an 8-K on March 25, 2026 to report a fraudulent press release titled “MGNC Announces Strategic Acquisition of Large-Scale Poultry Farming Enterprise….” The Company stated the Fraudulent Release was not authorized, that its ticker was included without permission, and that it has abandoned any poultry-related operations effective December 24, 2025 after a change-in-control. Mag Magna published its own press release the same day, clarifying it now operates as a rare earth elements mining company and acquired its first mining properties in January 2026.

Key Details

• Filing date: March 25, 2026 (Form 8-K, Item 8.01 — Other Events).
• Fraudulent Release headline: claimed MGNC acquired a large-scale poultry farming enterprise (Company says this is false).
• Company position: did not authorize the release or the inclusion of its ticker; demanded publishers strike the Fraudulent Release.
• Business focus: abandoned poultry operations effective December 24, 2025 (change-in-control); pursuing rare earth element mining and acquired first mining properties in January 2026.

Why It Matters
Retail investors should note the company denies any poultry acquisition and warns the Fraudulent Release is not a reliable source of information. The 8-K contains no confirmed transaction, financial figures, or management changes related to the alleged acquisition. Investors tracking MGNC should rely on the company’s official SEC filings and press releases about its rare earth mining activities rather than third‑party publications.