Core Viewpoint - Mag Magna Corp. has announced voluntary lock-up agreements covering 89% of the 10 million shares issued to consultants, aimed at promoting a stable trading market for its common stock [2][3]. Group 1: Lock-Up Agreements - Certain shareholders, who are consultants to the company, have entered into lock-up agreements for 89% of the 10 million registered shares issued under the S-8 Registration Statement [2]. - The participating shareholders have agreed not to sell or transfer their shares until December 31, 2026, followed by a leak-out period until June 30, 2027, with specific volume limitations [4]. - The lock-up agreement will terminate if the company's common stock price closes over $5.00 per share for 10 consecutive days after December 31, 2026 [4]. Group 2: Company Strategy and Vision - The CEO of Mag Magna Corp. expressed appreciation for the consultants' support and their commitment to the company's rare earth element mining strategies through the lock-up agreements [3]. - The management team is focused on realizing the company's vision for rare earth elements mining operations, indicating a long-term commitment to the industry [3]. - The company aims to establish a stable, fundamentals-based trading market for its common stock, benefiting current and future shareholders [3]. Group 3: Company Background - Mag Magna Corp. operates in the rare earth elements mining industry and acquired its first mining properties in January 2026 [6]. - The company plans to acquire undeveloped rare earth mineral mining properties and engage in mining operations for these minerals [6].