Gold Express Mines, Inc. 3
3 · MAGELLAN GOLD Corp · Filed Jan 16, 2024
Insider Transaction Report
Form 3
Gold Express Mines, Inc.
10% Owner
Holdings
- 5,000,000
Common Stock
Footnotes (1)
- [F1]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.