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Magellan Gold Corporation Enters into an Agreement to Acquire the Santa Maria Mine from Golden Minerals Company
Magellan Gold Corp (OTCQB:MAGE) (the “Company“) has entered into a binding agreement, dated October 16, 2019, with Golden Minerals Company ( “NYSE:AUMN“)(“Golden”) for the assignment of the option (the “Transaction“) to earn a 100% interest in the Santa Maria Project in Chihuahua State, Mexico. The agreement provides for a 150-day period to complete due diligence…
Read MoreMagellan Gold Corporation Announces Agreements to Enhance Balance Sheet and Shareholder Update
Reno, NV —- Magellan Gold Corporation (OTCQB:MAGE) (“Magellan” or the “Company”) today announced agreements effective September 30, 2019 (the “Agreements”) with its primary secured creditors and largest shareholder to convert an aggregate of $2.45 million of outstanding debt obligations (including a secured line of credit, outstanding promissory notes and advances) into a newly-created series of…
Read MoreMagellan Gold Announces New CFO and Secretary
Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”) is pleased to announce the appointment of Michael P. Martinez as CFO and Secretary of the Company, effective immediately. To facilitate this change, John C. Power recently stepped down as CFO and Secretary. The Company wishes to thank Mr. Power for his service as an officer since…
Read MoreMagellan Gold Provides Update to Shareholders
Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan” or “the Company”), a U.S. based mining and exploration enterprise focused on silver and gold, today conveyed the following message to shareholders: I want to take this opportunity to welcome our new shareholders and to bring you up to date on the progress your company…
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