On March 18, 2026, Mag Magna Corp. filed an 8-K report detailing the issuance of 8,700,000 shares of common stock to 13 third-party consultants. This issuance is part of the company's 2026 Stock Incentive Plan and is aimed at enhancing its strategies in the rare earth element sector. The consulting agreements stipulate that the consultants will not engage in any capital-raising activities or promote the company's securities. Notably, 1,300,000 shares were allocated to Eric Newlan, managing member of Newlan Law Firm, for legal services valued at $100,000. The agreements are expected to bolster the company's operational execution and strategic outlook, although they may lead to some dilution of existing shares. The company continues to position itself for growth in the rare earth materials industry, which is critical for various high-tech applications.

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