MAGELLAN GOLD CORPORATION (OTCMKTS:MAGE) Files An 8-K Termination of a Material Definitive AgreementITEM 1.02
TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
On October 10, 2017, Magellan Gold Corporation (the “Company”) and Bright Star International, Inc. (“Bright Star”) signed a confirmation letter mutually declaring the previously executed Consulting Agreement and Advertising Agreement between the parties null and void. The Company and Bright Star further agreed that the 1,500,000 shares of Company stock issued to Bright Star as compensation for services rendered to the Advertising Agreement shall be returned to the Company for cancellation. A copy of the signed confirmation letter is filed herewith as Exhibit 10.1. The Consulting Agreement and stock issuance to Bright Star were previously reported by the Company on Current Reports on Form 8-K filed with the Securities and Exchange Commission on June 20, 2017 and September 29, 2017, respectively.
ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS
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Item |
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10.1 |
Confirmation Letter |
MAGELLAN GOLD Corp ExhibitEX-10.1 2 magellan_99ez1.htm CONFIRMATION LETTER Law Office Thomas J. Beener 2244 Parady Avenue Carlsbad,…To view the full exhibit click here