Uncategorized
Magellan Gold Corporation Shareholder Update
Reno, Nevada – Magellan Gold Corporation (OTCQB: MAGE) (“Magellan”or “the Company), announced today the redirecting its focus toward domestic United States precious metal opportunities as the best path forward to maximize shareholder value. As part of the new direction, effective May 31, 2020, David E. Drips has resigned as Chief Executive Officer, President, and Director…
Read MoreMagellan Gold Corporation enters into agreement to sell 100% of Silver District project in Arizona
RENO, NV / ACCESSWIRE / January 13, 2020 / Magellan Gold Corporation (MAGE) (“Magellan” or the “Company”) today announced it has entered into a binding Letter of Intent to sell 100% of its Silver District project in La Paz County, Arizona, to NV Gold Corporation (TSXV: NVX, US: NVGLF) for cash, NVX shares, and a minimum…
Read MoreMagellan 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…
Read More