VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 23, 2014) - Magellan Minerals Ltd. (TSX VENTURE:MNM)(OTCQX:MAGNF) ("Magellan") is pleased to announce that it has recommenced the feasibility study on its 100% owned Coringa gold project in Brazil which had been suspended since August 2013. The study is being led by Ausenco Engineering Canada Inc [...]
Magellan Minerals is pleased to announce that it has closed the second tranche of its private placement financing of 30,000,000 units of Magellan at a price of $0.10 per Unit, for gross proceeds of $3,000,000. Each Unit consists of one common share and one-half of a share purchase warrant. Each whole warrant is exercisable into one additional [...]
Magellan Minerals is pleased to announce that it has closed the first tranche of its private placement financing of 30,000,000 units of Magellan at a price of $0.10 per Unit, for gross proceeds of $3,000,000. Each Unit consists of one common share and one-half of a share purchase warrant. Each whole warrant is exercisable into one additional common [...]
Magellan is pleased to announce that it has negotiated a private placement financing of 30,000,000 units of Magellan at a price of $0.10 per Unit, for gross proceeds of $3,000,000. Each Unit consists of one common share and one-half of a share purchase warrant. Each whole warrant is exercisable into one additional common share at an exercise price [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 11, 2014) - Magellan Minerals Ltd. (TSX VENTURE: MNM) (the "Company") is pleased to announce that it has completed the shares for debt transaction announced on July 31, 2014, after receiving the approval of the TSX Venture Exchange to settle indebtedness to its single largest creditor. The Company [...]
Magellan is pleased to announce that it has entered into a debt settlement agreement with its single largest creditor, a provider of drilling services to Magellan in connection with the Coringa feasibility study. The principal terms of the agreement are as follows: Magellan will issue 4,602,030 common shares to the creditor at a deemed price of [...]
Magellan wishes to announce the termination of the binding Letter of Intent with Ross Beaty to partner on its interests in the Pocone gold belt in the state of Mato Grosso in western Brazil. Magellan holds interests in two joint ventures in the Pocone area that include approximately 64,090ha which are held in a 50:50 joint venture with a private [...]
Magellan is pleased to announce that it has signed a binding Letter of Intent with Ross Beaty to partner on its interests in the Pocone gold belt in the state of Mato Grosso in western Brazil. Magellan holds interests in two joint ventures in the Pocone area that include approximately 64,090ha which are held in a 50:50 joint venture with a private [...]
Magellan is pleased to announce that it has completed its non-brokered private placement financing of 11,600,000 units of the Company at a price of $0.10 per Unit, for gross proceeds of $1,160,000. Each Unit consists of one common share and one-half of a non-transferable share purchase warrant. Each whole warrant is exercisable into one additional [...]
Magellan is pleased to announce that it has negotiated a non-brokered private placement financing of 11,600,000 units of Magellan at a price of $0.10 per Unit, for gross proceeds of $1,160,000. Each Unit consists of one common share and one-half of a share purchase warrant. Each whole warrant is exercisable into one additional common share at an [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 11, 2013) - Magellan Minerals Ltd. (TSX VENTURE:MNM) (OTCQX:MAGNF) ("Magellan") is pleased to report that drill results have been received from six additional diamond drill holes recently completed at the Coringa project located in the southern part of Para state in northern Brazil. Coringa is located [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 29, 2013) - Magellan Minerals Ltd. (TSX VENTURE:MNM)(OTCQX:MAGNF) ("Magellan") is pleased to report drill results from eight additional diamond drill holes recently completed at the Coringa project located in the southern part of Para state in northern Brazil. These holes are part of the drill program [...]