Mr. Stephen McCormick reports

MAGNETIC NORTH ACQUISITION CORP. ANNOUNCES RESUMPTION OF TRADING ON THE TSX VENTURE EXCHANGE

The common shares and preferred shares of Magnetic North Acquisition Corp. will resume trading on the TSX Venture Exchange effective Tuesday, Oct. 10, 2023, at the opening of trading.

About Magnetic North Acquisition Corp.

Magnetic North invests and manages businesses on behalf of its shareholders and believes that capital alone does not always lead to success. With offices in Calgary and Toronto, its experienced management team applies its considerable management, operations and capital markets expertise to ensure its investee companies are as successful as possible for shareholders. Magnetic North common shares and preferred shares trade on the TSX Venture Exchange under the stock symbol MNC and MNC.PR.A, respectively. Magnetic North is a TSX Venture 2021 TSX Venture 50 recipient.

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