---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-21-003026"
form_type: "8-K"
ticker: "MAGE"
cik: "0001515317"
company_name: "MAGELLAN COPPER & GOLD Corp"
filed_at: "2021-07-20T23:59:59+00:00"
generated_at: "2026-06-30T04:05:07.873997+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-21-003026
- form_type: 8-K
- ticker: MAGE
- cik: 0001515317
- company_name: MAGELLAN COPPER & GOLD Corp
- filed_at: 2021-07-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1515317/000168316821003026/0001683168-21-003026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1515317/000168316821003026/mage_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-21-003026
- JSON: https://secwatch.observer/filing/0001683168-21-003026.json
- Plain text: https://secwatch.observer/filing/0001683168-21-003026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.