Magnetic North Acquisition Corp.

About Magnetic North Acquisition Corp.

Magnetic North Acquisition Corporation is a Toronto and Calgary-based investment company focused on building value by applying capital and management expertise. Trading as 'MNC' and 'MNC.PR.A' on the TSX Venture Exchange, the company follows historical Venture Capital and Private Equity models, concentrating on select deals to create value for investors through disciplined investment and active ownership.

Products & Services

Investment Services:Magnetic North offers investment capital and management expertise in strategy, operations, and leadership to investee companies, focusing on value creation and capital preservation across various industries.

Previcare:A specialty chemical company with patented technology that keeps surfaces clean of pathogens for extended periods, longer than existing disinfectants.

CXTL Recycling Canada Corp:A company co-founded by Magnetic North to completely recycle plastics and e-waste in a profitable and environmentally conscious manner.

Specialties

Finance Marketing and Communications Operations Strategy Clean Power Technology Oilfield Service Consumer Products Technology (Software and Hardware)

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Private Placement T: - FT: Private Placement	A: 11000000 MR: - FA: up to US$11,000,000 FAN: 11000000	D: 2025-02-28 FD: 2025-02-28	-
2	RT: Non-brokered Private Placement of Series A Preferred Shares T: - FT: Non-brokered Private Placement of Series A Preferred Shares	A: 11000000 MR: - FA: US$11,000,000 FAN: 11000000	D: 2025-02-13 FD: 2025-02-13	-
3	RT: Private Placement T: - FT: Private Placement	A: 11000000 MR: - FA: US$11,000,000 FAN: 11000000	D: 2024-12-30 FD: 2024-12-30	1 investors
4	RT: Debt T: - FT: Debt	A: 10000000 MR: - FA: US$10,000,000 FAN: 10000000	D: 2023-11-29 FD: 2023-11-29	2 investors

Private Placement Latest

2025-02-28

$11.0M

Non-brokered Private Placement of Series A Preferred Shares 2025-02-13

$11.0M

Private Placement 2024-12-30

$11.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

A

Andrew Osis

Co-Chief Executive Officer; Director

K

Kevin Spall

Co-Chief Executive Officer; Director

L

Lance McIntosh

Chief Financial Officer

S

Stephen McCormick

Vice President Capital Markets

I

Ian Wild

Chairman of the Board

T

Trent Larson

Director

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