Magnetic North Acquisition Corp. is a Canada-based investment and merchant banking company. The Company is focused on providing financial advice and services to companies in the clean power technology, oilfield services, consumer products, and technology (software and hardware) sectors.

Employees

Sector

Investment Management & Fund Operators

More about the company

Delayed Toronto S.E. 17:30:00 02/07/2025 +04			5-day change	1st Jan Change
0.0750 ^CAD	-6.25%		-.--%	-

17/05/25	Magnetic North Acquisition Corp. Announces An Initial Closing Of The Non-Brokered Private Placement	RE
14/05/25	Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement Of Up To CDN$500,000	RE

Market Cap	5.61M 4.08M 3.5M 3.3M 3.01M 386M 5.64M 39.06M 15.11M 197M 15.3M 14.97M 628M	P/E 2022	-0.25x	P/E 2023	-2.73x
Enterprise Value	19.18M 13.92M 11.97M 11.26M 10.28M 1.32B 19.28M 133M 51.63M 675M 52.29M 51.14M 2.15B	EV / Sales 2022	-4,471,568x	EV / Sales 2023	19,782,466x
Free-Float	33.49%	Yield 2022 *	-	Yield 2023	-

17/05/25	Magnetic North Acquisition Corp. Announces An Initial Closing Of The Non-Brokered Private Placement	RE
14/05/25	Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement Of Up To CDN$500,000	RE
13/05/25	Magnetic North Acquisition Corp. announced that it expects to receive CAD 0.5 million in funding	CI
09/05/25	Magnetic North Acquisition Corp. Announces Delay In Filing Of Annual Financial Statements And Application For Management Cease Trade Order	RE
31/12/24	Magnetic North Acquisition Announces Non-Brokered Private Placement of Up to C$15.8 Million	MT
30/12/24	Magnetic North Acquisition Corp. announced that it expects to receive CAD 15.8 million in funding	CI
28/11/24	Magnetic North Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
11/10/24	Magnetic North Acquisition Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI
11/10/24	Magnetic North Acquisition Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
11/10/24	Magnetic North Acquisition Corp. Auditor Raises 'Going Concern' Doubt	CI
29/11/23	Magnetic North Acquisition Corp. Enters into New Credit Facility	CI
28/11/23	Magnetic North Acquisition Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI
12/10/23	Magnetic North Acquisition Corp. Appoints Shahid Qureshi as Director	CI

03/07/25	Canadian Investment Regulatory Organization Trading Halt - MNC	AQ
01/03/25	MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES TIMING UPDATE ON NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.4 MILLION)	AQ
13/02/25	MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES TIMING UPDATE ON NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.4 MILLION)	AQ
31/12/24	/C O R R E C T I O N -- Magnetic North Acquisition Corp./	AQ
31/12/24	MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES A NON-BROKERED PRIVATE PLACEMENT OF UP TO US$11.0 MILLION (CDN$15.8 MILLION)	AQ

Magnetic North Acquisition Corp. Stock

Stocks

MNC

CA55948L1022

Investment Management & Fund Operators

Valuation : Magnetic North Acquisition Corp.

Latest news : Magnetic North Acquisition Corp.

Press Releases : Magnetic North Acquisition Corp.

Quotes and Performance

Price Extremes

Managers and Directors : Magnetic North Acquisition Corp.

Latest insider transactions

Venture Capital

Financials

Company Profile

Manager	Title	Age	Since
Kevin Spall CEO	Chief Executive Officer	-	22/10/2019
Andrew Osis CEO	Chief Executive Officer	-	22/10/2019
Lance McIntosh DFI	Director of Finance/CFO	-	24/03/2023

Director	Title	Age	Since
Andrew Osis BRD	Director/Board Member	-	22/10/2019
Jeff Davison BRD	Director/Board Member	-	15/12/2019
Kevin Spall BRD	Director/Board Member	-	22/10/2019

Date	Insider	Type	Main position	Quantity	% Market Cap.
13/10/23	Ian Wild	Other	Chairman	0	0%
13/10/23	Trent Larson	Option	Director	10,000	0.5712%
13/10/23	Shahid Qureshi	Option	Director	15,000	0.8567%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
MAGNETIC NORTH ACQUISITION CORP.	-6.25%	-.--%	-.--%	+150.00%	3.21M
BB BIOTECH AG	-0.55%	-2.88%	+59.70%	+30.83%	3.7B
HERCULES CAPITAL, INC.	+0.51%	+0.28%	-8.89%	+10.96%	3.25B
HBM HEALTHCARE INVESTMENTS AG	+1.29%	-0.21%	+34.29%	+28.00%	1.9B
MOLTEN VENTURES PLC	-0.22%	+0.66%	+85.17%	+183.82%	1.47B
OCTOPUS APOLLO VCT PLC	0.00%	0.00%	-1.72%	-7.02%	730M
MIRAE ASSET VENTURE INVESTMENT CO., LTD.	+3.16%	+3.09%	+150.88%	+208.06%	600M
BRITISH SMALLER COMPANIES VCT PLC	0.00%	0.00%	-3.33%	-7.05%	410M
OCTOPUS TITAN VCT PLC	0.00%	0.00%	-38.60%	-75.18%	391M
PEMBROKE VCT PLC	0.00%	0.00%	-0.53%	-13.02%	371M
Average	-0.21%	-0.75%	+27.70%	+50.94%	1.28B
Weighted average by Cap.	+0.28%	-0.38%	+35.44%	+43.33%

	2022	2023
Net sales	-4.26 -3.09 -2.66 -2.5 -2.28 -293.12 -4.28 -29.63 -11.46 -149.82 -11.61 -11.36 -476.76	0.88 0.64 0.55 0.52 0.47 60.56 0.88 6.12 2.37 30.95 2.4 2.35 98.5
Net income	-5.85M -4.25M -3.65M -3.44M -3.14M -403M -5.88M -40.71M -15.75M -206M -15.95M -15.6M -655M	-1.41M -1.02M -878K -826K -754K -96.85M -1.41M -9.79M -3.79M -49.5M -3.84M -3.75M -158M
Net Debt	17.57M 12.75M 10.96M 10.32M 9.41M 1.21B 17.66M 122M 47.29M 618M 47.89M 46.84M 1.97B	13.57M 9.85M 8.47M 7.97M 7.27M 934M 13.64M 94.39M 36.52M 477M 36.98M 36.17M 1.52B

3 years	0.01	0.26
5 years	0.01	0.26
10 years	0.01	1.03