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EX-99.2 - PRESS RELEASE - MAGELLAN GOLD Corpmgc_ex99z2.htm
EX-99.1 - AMENDMENT TO MEMORANDUM OF UNDERSTANDING - MAGELLAN GOLD Corpmgc_ex99z1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

 

Date of Report (Date of earliest event reported):  July 31, 2017

 

 

MAGELLAN GOLD CORPORATION
(Exact Name of Registrant as Specified in its Charter)

 

 

       Nevada       

       _333-174287         

    27-3566922    

(State or other jurisdiction
of incorporation)

Commission File
Number

(I.R.S. Employer Identification number)

 

 

2010A Harbison Drive # 312, Vacaville, CA  95687
(Address of principal executive offices)                    (Zip Code)

 

Registrant's telephone number, including area code:   (707) 884-3766

______________________________________________________

(Former name or former address, if changed since last report)

 

 

___

Written communications pursuant to Rule 425 under the Securities Act

___

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

___

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

___

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act


ITEM 1.01ENTRY INTO MATERIAL DEFINITIVE AGREEMENTS 

 

Amendment to Memorandum of Understanding

 

On July 31, 2017, 2017 Magellan Gold Corporation (the “Company) signed Amendment No. 1 to a Memorandum of Understanding dated March 3, 2017 by and among the Company and ROSE PETROLEUM, plc and its wholly-owned subsidiary MINERALES VANE S.A. de C.V. (“VANE”) (collectively “Rose”) (the “Amendment to MOU”).  A copy of Amendment to MOU is filed herewith as Exhibit 10.1.

Under the terms of the Amendment to MOU, the Company’s option to purchase the SDA Mill was extended subject to certain terms and conditions.

Consummation of the SDA Mill acquisition is subject to numerous conditions. There can be no assurance that the purchase of the mill will be completed.

 

ITEM 7.01REGULATION FD DISCLOSURE 

 

On August 1, 2017 the Company issued a press release announcing the Amendment to MOU noted at Item 1.01 of this Report.  A copy of the press release is filed herewith as Exhibit 99.1.

 

The information in this Current Report on Form 8-K furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information pursuant to Item 7.01, The Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by Regulation FD.

 

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS 

 

 

 

 

 

Item

Title

 

 

 

 

10.1

Amendment No. 1 to Memorandum of Understanding

 

99.1

Press Release


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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

Magellan Gold Corporation

 

 

Date:  August 1, 2017

By:  /s/ W. Pierce Carson

       W. Pierce Carson, President


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