Magnum Goldcorp Announces Shares for Debt Settlement

West Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum Goldcorp") announces that it has entered into debt settlement agreements (the "Agreements") to settle obligations (the "Settlements") owed to certain non-arm's length and arm's length creditors, in the aggregate amount of $118,301.49 through the issuance of an aggregate of 2,366,030 common shares of the Company (the "Shares") at a deemed value of $0.05 per Share. The issuance of the Shares are subject to the approval of the TSX Venture Exchange. The Shares issued pursuant to the Settlement will be subject to a statutory four month hold period.

For further information, visit the Company's website at www.magnumgoldcorp.com.

Magnum Goldcorp Inc.

"Douglas L. Mason"

___________________________________

Douglas L. Mason, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247367

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