Montreal-based automaker Magnum is teasing the MK5 supercar ahead of a full reveal scheduled for October 30.

Montreal-based automaker Magnum is teasing the MK5 supercar ahead of a full reveal scheduled for October 30.

Magnum says the MK5 is capable of offering racecar-like performances and the build quality and styling of a supercar. The lightweight two-seater will be street-legal but at the same time track-focused, according to the Canadian company.

They say development and testing has already been completed so the only step left to take is to show the car. Technical specifications have not been released so far, but we will find out before the end of the month. Until then, Magnum plans on releasing several other teasers to create a buzz around their open-air MK5 which aims to be "the first creation from Canada to hit the international track-day car market."