Magellan Gold issues ~3.7M shares via warrant exercises and preferred stock conversions

MAGELLAN COPPER & GOLD Corp

Eight warrant holders exercised warrants for 1,435,000 shares at $0.20 per share on June 24, 2021.
Five Series A preferred stockholders converted 192,269 preferred shares into 1,922,690 common shares (10:1) on June 30, 2021.
Accrued dividends of $356,123 converted into 356,123 common shares at $1.00 per share.
Total common shares issued: 3,713,813; no fees paid; shares are restricted for affiliates.
Issuances exempt from registration under Section 4(2) and Regulation D to accredited investors.

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