Gold exploration company sells 200,000 shares at $0.15 each in deal
By Devika Patel
Knoxville, Tenn., Oct. 23 - Magellan Gold Corp. settled a $30,000 private placement of stock with a single investor on Oct. 17, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 200,000 common shares at $0.15 per share.
The private company is based in Sea Ranch, Calif., and explores for gold.
| Issuer: | Magellan Gold Corp.
|
| Issue: | Common stock
|
| Amount: | $30,000
|
| Shares: | 200,000
|
| Price: | $0.15
|
| Warrants: | No
|
| Settlement date: | Oct. 17
|
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