0001683168-24-000316.txt : 20240116 0001683168-24-000316.hdr.sgml : 20240116 20240116191114 ACCESSION NUMBER: 0001683168-24-000316 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230323 FILED AS OF DATE: 20240116 DATE AS OF CHANGE: 20240116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gold Express Mines, Inc. CENTRAL INDEX KEY: 0001817351 ORGANIZATION NAME: STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54658 FILM NUMBER: 24536454 BUSINESS ADDRESS: STREET 1: 412 FIRST STREET CITY: WALLACE STATE: ID ZIP: 83873 BUSINESS PHONE: 201-509-3797 MAIL ADDRESS: STREET 1: 377 1/2 VALLEY ROAD CITY: CLIFTON STATE: NJ ZIP: 07013 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MAGELLAN GOLD Corp CENTRAL INDEX KEY: 0001515317 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 273566922 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 602 CEDAR STREET STREET 2: SUITE 205 CITY: WALLACE STATE: ID ZIP: 83873 BUSINESS PHONE: 707-291-6198 MAIL ADDRESS: STREET 1: 602 CEDAR STREET STREET 2: SUITE 205 CITY: WALLACE STATE: ID ZIP: 83873 4 1 ownership.xml X0508 4 2023-03-23 0 0001515317 MAGELLAN GOLD Corp MAGE 0001817351 Gold Express Mines, Inc. 6 1/2 NORTH 2ND AVE. SUITE 201 WALLA WALLA WA 99362 0 0 1 0 0 Common Stock 2023-03-23 4 P 0 1000000 0.14 A 6000000 D Common Stock 2023-12-29 4 J 0 250000 A 6250000 D 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. Gold Express Mines, Inc., By: /s/ John P. Ryan 2024-01-16