Hi.
Would be best to release the cable from the lever and then unscrew the housing on the mag, you will then expose the spring and engagement paul, I would then remove the points via the centre brass bolt, try some WD 40 around the cam ring to try and free it off, you will see at the bottom of the cam ring a felt oiler, the cam ring should rotate quite easily and suspect it will be corroded. With the cable disconnected and the points off, you should be able to lever the cam ring out of the mag. Have a look on the Priory Magnetos web site page for detailed information, Andrew is a forum member here in the UK