MAGELLAN GOLD CORPORATION (OTCMKTS:MAGE) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingITEM 3.01NOTICE OF REVIEW OF CONTINUED LISTING RULE OR STANDARD
ITEM 7.01REGULATION FD DISCLOSURE
On July 26, 2017 Magellan Gold Corporation (the “Company”) issued a press release responding to a letter from OTC Markets Group Inc. (“OTC Markets”) advising that OTC Markets had become aware of internet promotional activities concerning the Company and its common stock traded on the OTCQB Marketplace. OTC Markets expressed concern that unusual trading activity in the Company stock beginning around July 18, 2017 appeared to be related to distribution of the promotional materials. A copy of the press release is filed herewith as Exhibit 99.1.
The OTC Markets Group Inc. also advised the Company that is was reviewing the Company’s eligibility to continue trading on the OTCQB Marketplace.
The information in this Current Report on Form 8-K furnished to Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information to Item 7.01, The Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by Regulation FD.
ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS
Item |
Title |
99.1 |
Press Release |
MAGELLAN GOLD Corp ExhibitEX-99.1 2 magellan_99ez1.htm PRESS RELEASE Magellan Gold Responds to Inquiry from OTC Markets Group Concerning Internet Promotional Materials FOR IMMEDIATE RELEASE July 26,…To view the full exhibit click here