Signal Gold Divests Stake in Magna Terra Minerals

Signal Gold Inc. has announced the disposal of 15,035,795 common shares of Magna Terra Minerals Inc. on December 3, 2024. The sale was executed through Chi-x and Omega platforms. These shares accounted for approximately 18.1% of the issued and outstanding common shares of Magna Terra as of the sale date. Post-disposition, Signal Gold no longer holds any securities of the company.

The total consideration received amounted to $225,536.93, corresponding to an average sale price of $0.015 per share. This transaction aligns with Signal Gold's investment strategy, and the company currently has no plans to acquire additional securities of Magna Terra.

This announcement complies with National Instrument 62-103, requiring the filing of an Early Warning Report with relevant regulatory authorities. The report will be accessible on SEDAR+ and available from Signal Gold’s CFO, Robert Dufour.