Magellan Gold Lodges Cleansing Notice Following Securities Issue

Mukul

10 November 2026 04:56 PM AEDT

Magellan Gold Lodges Cleansing Notice Following Securities Issue

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Magellan Gold (ASX:MGH) has lodged a cleansing notice with the ASX under section 708A of the Corporations Act 2001, confirming the company is not aware of any excluded information that would be required to be disclosed to the market in connection with a recent issue of securities.

Key Points

Magellan Gold lodged a cleansing notice pursuant to section 708A of the Corporations Act 2001
The notice relates to a recent issue of securities by the company
The company confirmed it is not aware of any excluded information required to be disclosed to the market
The cleansing notice enables the securities issued to be on-sold without a disclosure document

Cleansing Notice Filed Under Corporations Act

Magellan Gold, a gold exploration company listed on the Australian Securities Exchange, filed a cleansing notice in accordance with section 708A of the Corporations Act 2001. The notice was lodged in connection with a recent issue of securities by the company. Under the relevant legislative provisions, the cleansing notice serves to confirm that the company has complied with its continuous disclosure obligations and is not in possession of any excluded information that would otherwise need to be made available to the market prior to the securities being on-sold by recipients.

Company's Disclosure Obligations Confirmed

According to the filing, Magellan Gold stated that, as of the date of the notice, it was not aware of any information that would be excluded information for the purposes of section 708A of the Corporations Act 2001. The company's confirmation covers information that could reasonably be expected to have a material effect on the price or value of the securities issued, and affirms that the company's continuous disclosure obligations under ASX Listing Rules have been satisfied at the time of filing the cleansing notice with the exchange.

Securities Issued by Magellan Gold

The cleansing notice filed by Magellan Gold relates specifically to securities that were issued by the company. The filing does not disclose the exact number, type, or issue price of the securities to which the notice applies. Under section 708A of the Corporations Act 2001, the lodgement of the cleansing notice means that the issued securities may be on-sold by holders without the need for a formal disclosure document, provided all relevant legislative conditions have been met. No further details regarding the terms of the securities issue were disclosed within the filing.

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