Known so far: no new shares from the prospectus covers read · no effective shelf · not yet read: ATM.
Shelf room
Room todaynone, no effective shelf
How this is worked out
Shelf room: none. No shelf registration on EDGAR was declared effective in the last 3 years, so a sale needs a new registration or a private placement. Sources: public float, as of Jun 30, 2025.
What could become new Magellan Copper & Gold (MAGE) shares: warrants, convertible notes and options and RSUs, each with the 10-Q, 10-K, S-1 or 424B filing it comes from.
MAGE dilution ladder
Every source of new shares on record, from the filings that created it.
26M outstanding; up to 29.9M fully diluted, +15%
Outstandingas of Nov 3, 2026 (10-Q cover) · share count on the cover page
26M
Warrantsat $0.0010-Q Nov 3, 2026 · equity noteleft out of the share total: no share count stated
not added
Convertible notes3.8M shares10-Q Nov 3, 2026 · securities left out of diluted EPS
+3.8M
Options and RSUs72K options10-Q Nov 3, 2026 · securities left out of diluted EPS
+72K
Not stated in the filings we read: an ATM program.
Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.
Registrations and share actions on EDGAR (46 filings)
Registration statements, prospectuses, effectiveness notices, information statements and share sales, newest first. Showing the newest 15 of 46. Each links to the filing on EDGAR.
No registration, prospectus or share-sale filing on EDGAR in the last 2 years. 10-Qs and 10-Ks can still report share sales. The newest such filing is from Jan 8, 2024.
S-1/AAmended registration statement; new shares or resale not read yet
S-1/AAmended registration statement; new shares or resale not read yet
S-1Registration statement; new shares or resale not read yet
Financing terms to know
None found in filings since Nov 3, 2026.
Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.
Shares outstanding
26.0M
Mar 2025 to Nov 2026: from 26.4M to 26.0M.
From the share count on the cover of each 10-Q and 10-K, dated as each cover states.
Follow MAGE
New shelves, offerings, 10-Qs and 10-Ks from MAGE, explained in plain English when they reach EDGAR.