MAGE · MAGELLAN COPPER & GOLD Corp · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“At June 30, 2026, we had a working capital deficit of $2,496,301, we had not yet generated any significant revenues or achieved profitable operations and we have accumulated losses of $22,603,152. We expect to incur further losses in the development of our business, all of which raises substantial doubt as to our ability to continue as a going concern.”View the 10-Q filed Aug 11, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-08-26 | Gold Express Mines, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
John P. Ryan, Howard Crosby, James Czirr and Terrence Dunne are the four directors of the Reporting Person. Any action by the Reporting Person, including voting and dispositive decisions, requires a vote of three out of the four directors of the board of directors. Under the so-called "rule of three", because voting and dispositive decisions are made by three out of four directors of the board of directors, none of the directors is deemed to be a beneficial owner of shares held by the Reporting Person, even those in which he or she directly holds a pecuniary interest. |
Common Stock
|
1,000,000 |
| 2025-08-26 | Gold Express Mines, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
John P. Ryan, Howard Crosby, James Czirr and Terrence Dunne are the four directors of the Reporting Person. Any action by the Reporting Person, including voting and dispositive decisions, requires a vote of three out of the four directors of the board of directors. Under the so-called "rule of three", because voting and dispositive decisions are made by three out of four directors of the board of directors, none of the directors is deemed to be a beneficial owner of shares held by the Reporting Person, even those in which he or she directly holds a pecuniary interest. |
Common Stock
|
1,000,000 |
| 2025-08-26 | Gold Express Mines, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
John P. Ryan, Howard Crosby, James Czirr and Terrence Dunne are the four directors of the Reporting Person. Any action by the Reporting Person, including voting and dispositive decisions, requires a vote of three out of the four directors of the board of directors. Under the so-called "rule of three", because voting and dispositive decisions are made by three out of four directors of the board of directors, none of the directors is deemed to be a beneficial owner of shares held by the Reporting Person, even those in which he or she directly holds a pecuniary interest. |
Common Stock
|
1,000,000 |
| 2023-12-29 | Gold Express Mines, Inc. |
10% Owner |
Other↑
Filing footnotes — Common Stock (Direct)
Represents shares issued to the Reporting Person as an inducement for the Reporting Person assume all of AJB Capital Investments LLC's ("AJB") right, title, obligation, liability and interest in, to and under that certain Promissory Note, dated February 2021 (the "Promissory Note") issued by the Issuer to AJB. The aggregate principal amount of the Promissory Note outstanding is $100,000. John P. Ryan, Howard Crosby, James Czirr and Terrence Dunne are the four directors of the Reporting Person. Any action by the Reporting Person, including voting and dispositive decisions, requires a vote of three out of the four directors of the board of directors. Under the so-called "rule of three", because voting and dispositive decisions are made by three out of four directors of the board of directors, none of the directors is deemed to be a beneficial owner of shares held by the Reporting Person, even those in which he or she directly holds a pecuniary interest. |
Common Stock
|
250,000 |
| 2023-03-23 | Gold Express Mines, Inc. |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Represents shares acquired in a private placement pursuant to a Subscription Agreement, dated March 23, 2023, between Magellan Gold Corp. (the "Issuer) and the Reporting Person. John P. Ryan, Howard Crosby, James Czirr and Terrence Dunne are the four directors of the Reporting Person. Any action by the Reporting Person, including voting and dispositive decisions, requires a vote of three out of the four directors of the board of directors. Under the so-called "rule of three", because voting and dispositive decisions are made by three out of four directors of the board of directors, none of the directors is deemed to be a beneficial owner of shares held by the Reporting Person, even those in which he or she directly holds a pecuniary interest. |
Common Stock
|
1,000,000 |
| 2020-12-31 | POWER JOHN C /CA/ |
Insider |
Gift↓
Filing footnotes — Common Stock (Direct)
Disposition of shares made pursuant to a charitable donation. |
Common Stock
|
25,000 |