MagIndustries Files Amended Management's Discussion and Analysis for the Year Ended December 31, 2013

TORONTO, ONTARIO -- (Marketwired) -- 03/18/15 -- MagIndustries Corp. (TSX: MAA) (the "Company" or "MagIndustries") announced today that it has filed on www.sedar.com an amended version of its management's discussion and analysis of the financial condition and results of the operations of MagIndustries for the year ended December 31, 2013. The amendment is an inclusion of a statement regarding the conclusions about the effectiveness of the Company's internal controls over financial reporting which was inadvertently left out of the management's discussion and analysis when it was originally filed by the Company.

Other than the information referred to above the management's discussion and analysis of the financial condition and results of the operations of MagIndustries for the year ended December 31, 2013 remains unchanged from that which was previously filed.

About MagIndustries Corp.

MagIndustries is a Canadian company whose common shares are listed on the TSX and trade in Canadian currency under the symbol "MAA". The Company has 755,942,674 common shares outstanding. MagIndustries is focused on the development of its potash assets in the ROC. More information on the Company is available on its website, www.magindustries.com.

Cusip: 55917T 102

Contacts:
MagIndustries Corp.
Mr. Rich Morrow
Director, Investor Relations and Corporate Development
416-368-7911
[email protected]
www.magindustries.com

Source: MagIndustries Corp.

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