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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1515317	Magellan Gold Corp	MAGE	Metal Mining (1000)	273566922

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1817351	Gold Express Mines, Inc.	6 1/2 North 2Nd Ave. Suite 201 Walla Walla WA 99362		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2023-03-23	1,000,000	$0.14	6,000,000	No	4	P	Direct
Common Stock	Acquisiton	2023-12-29	250,000	$0.00	6,250,000	No	4	J	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	J	Direct

Footnotes

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.
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.