First Growth Funds Limited: First Growth Funds Makes $4M Gain From Magnum Mining TORONTO, ON / ACCESSWIRE / April 23, 2021 / First Growth Funds Limited (CSE:FGFL) "(Company") is to provide an update on its investment portfolio and advisory business activities. In the first quarter 2021, Company invested $1.06M in ASX listed Magnum Mining and Exploration Limited and the investment is now valued at $5.08M, a gain of over $4M. Magnum Mining and Exploration is a mining company with operations in Nevada, USA. Magnum has secured major permits for the long-term production of 232 million tons of high-grade magnetite concentrate grading +67.5% Fe. The project is well situated to existing rail, power and port facilities.