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MGNC on OTC

Mag Magna Corp

Mag Magna Corp is an American Mining and Quarrying of Nonmetallic Minerals company.1 It is headquartered in Las Vegas, Nevada.1 Its shares trade on OTC under the symbol MGNC.1

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Last updated Oct 21, 2026.

Overview

$0Revenue, fiscal 20262
-$14.7MNet income, fiscal 20262

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  • TickerMGNC on OTC1
  • IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)1
  • HeadquartersLas Vegas, Nevada1
  • Incorporated inWY3
  • Business address4005 West Reno Avenue, Suite F, Las Vegas, Nv 891183
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3

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If we are unable to obtain such needed capital, we will be unable to develop the Properties.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

-4999.4%Return on equity2

Financial statements

Revenue52$0 in 2026
0$2.0K$4.0K$6.0K2024: $5.6K$5.6K20242025: $0$020252026: $0$02026
Gross profit62$0 in 2026
0$2.0K$4.0K$6.0K2024: $5.6K$5.6K20242025: $0$020252026: $0$02026
Operating income52-$13.7M in 2026+26773% since 2024
-$15.0M-$10.0M-$5.0M02024: -$50.9K-$50.9K20242025: -$47.5K-$47.5K2025−7%2026: -$13.7M-$13.7M2026+28661%
Net income652-$14.7M in 2026+82039% since 2023
-$15.0M-$10.0M-$5.0M02023: -$17.9K-$17.9K20232024: -$50.9K-$50.9K2024+184%2025: -$52.3K-$52.3K2025+3%2026: -$14.7M-$14.7M2026+28065%
Fiscal year20222023202420252026
Revenue$5.6K5$02$02
Cost of revenue$02$02
Gross profit$5.6K6$02$02
Operating expenses$17.9K6$56.5K5$47.5K2$13.7M2
Operating income-$50.9K5-$47.5K2-$13.7M2
Interest$225$25
Income before tax-$17.9K6-$50.9K6-$47.5K2-$14.6M2
Income tax$02$02
Net income-$17.9K6-$50.9K5-$52.3K2-$14.7M2
Earnings per share-$0.015-$0.015
Earnings per share (diluted)$0.006-$0.016
Shares (weighted, basic)5.8M shares27.9M shares2
Shares (weighted, diluted)4.5M shares64.9M shares55.8M shares27.9M shares2

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What it owns

What Mag Magna Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$139.5K5 Apr 30, 2025$18.4K5 Apr 30, 2024+658.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$118.3K5 Apr 30, 2025$13.2K5 Apr 30, 2024+798.3%

Properties, in its own words

Information relating to properties owned by our company is set forth in Item 1. Business and incorporated by reference in this Item 2.

Our principal executive offices are located at 4005 West Reno Avenue, Suite F, Las Vegas, Nevada 89118. Our leased premises are shared and are utilized for corporate business offices. Our Nevada premises are subject to a month-to-month lease agreement.

The rest of Item 2

We believe that our current facilities are adequate for our current needs. We intend to secure new facilities or expand existing facilities as necessary to support future growth. We believe that suitable additional space will be available on commercially reasonable terms as needed to accommodate our operations.

Item 2 of the 10-K filed Oct 7, 2026.4

Former names

  • Mag Magna Corp.Nov 25, 2022 to Aug 13, 20243

Timeline

  1. Jun 5, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares10
  2. Mar 31, 20268-K Entered a material agreement; Other events11
  3. Mar 25, 20268-K Other events12
  4. Mar 18, 20268-K Entered a material agreement13
  5. Mar 9, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares14
  6. Feb 13, 20268-K Executive or director change15
  7. Jan 27, 20268-K Change in control; Executive or director change16
  8. Jan 27, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change17
  9. Dec 29, 20258-K Change of auditor18
  10. Jun 13, 20258-K Change in control; Executive or director change19
  11. Feb 25, 20258-K Executive or director change20
  12. Jun 27, 20248-K Change of auditor21

Filings

57 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 13 major events, 33 other. The latest 20:

  1. Oct 7, 202610-K FORM 10-K FOR APR 2026 EDGAR
  2. Sep 15, 2026NT 10-Q EXTENSION EDGAR
  3. Sep 15, 2026NT 10-K EXTENSION EDGAR
  4. Jul 29, 2026NT 10-K EXTENSION EDGAR
  5. Jun 5, 20268-K EDGAR
  6. Mar 31, 20268-K EDGAR
  7. Mar 26, 202610-Q FORM 10-Q FOR JAN 2026 EDGAR
  8. Mar 25, 20268-K EDGAR
  9. Mar 18, 20268-K EDGAR
  10. Mar 17, 2026NT 10-Q EXTENSION EDGAR
  11. Mar 9, 20268-K CURRENT REPORT EDGAR
  12. Feb 13, 20268-K CURRENT REPORT EDGAR
  13. Feb 13, 2026S-8 INITIAL REGISTRATION STATEMENT EDGAR
  14. Feb 6, 20268-A12G FORM 8-A12(G) EDGAR
  15. Jan 27, 20268-K CURRENT REPORT EDGAR
  16. Jan 27, 20268-K EDGAR
  17. Jan 27, 202610-Q FORM 10-Q FOR OCT 2025 EDGAR
  18. Dec 29, 20258-K EDGAR
  19. Dec 16, 2025NT 10-Q FORM 12B-25 EDGAR
  20. Nov 14, 202510-Q REPORT 10-Q EDGAR

The 57 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Mag Magna Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMag Magna Corp1
  • CIK0001949864
  • Employer ID (EIN)61-17448264
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inwyoming4
  • Fiscal year endsApril 301
  • Industry code (SIC)1400 Mining & Quarrying of Nonmetallic Minerals (No Fuels)1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address4005 West Reno Avenue, Suite F, Las Vegas, NV 891181
  • Phone86178235009441
  • Shares outstanding24,294,047 shares as of Oct 7, 20264
  • Public float$520.2K as of Oct 31, 20254
  • AuditorBoladale Lawal & CO, Lagos, Nigeria PCAOB ID 6993; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceNov 25, 20221
  • Filings57 in all: 8-K (13), S-1/A (11), UPLOAD (10), 10-Q (8), NT 10-Q (4), 10-K (3), NT 10-K (3), 8-A12G (1)1
    All 12 form types

    CORRESP (1), EFFECT (1), S-1 (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Oct 7, 2026
    Quarterly report (10-Q) Mar 26, 2026
    Latest 8-K (8-K) Jun 5, 2026

Risk factors and legal proceedings

Legal proceedings

Our company is not currently involved in any legal proceedings.

The opening of Item 3, Legal Proceedings.4

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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