MAGELLAN COPPER & GOLD Corp 8-K

What Happened
Magellan Copper & Gold Corp. (MAGE) filed an 8‑K reporting that on January 6, 2026 it dismissed Malone Bailey, LLP as its independent registered public accounting firm and engaged M&K CPAs, PLLC as its new independent registered accounting firm. Malone Bailey had served as the company’s auditor since 2011 and issued audit reports for the years ended December 31, 2010 through December 31, 2024; those audits included an explanatory paragraph about the company’s ability to continue as a going concern. The company reported no disagreements or “reportable events” with Malone Bailey and has requested a letter from Malone Bailey confirming these statements (filed as an exhibit).

Key Details

• Change effective date: January 6, 2026.
• Former auditor: Malone Bailey, LLP (served since 2011; audited years 2010–2024).
• New auditor: M&K CPAs, PLLC (engaged January 6, 2026).
• Company stated there were no disagreements or reportable events with Malone Bailey; M&K was not consulted on accounting/audit matters during the two years ended Dec 31, 2024 nor through Jan 6, 2026.

Why It Matters
An auditor change is a material governance event investors monitor because it affects financial reporting oversight. Here, the company emphasizes continuity and disclosed that past audits included a going‑concern explanatory paragraph—an important factual point about prior auditor views on the company’s financial condition. The filing also notes there were no unresolved disagreements with the former auditor and that the new auditor had not previously consulted on the company’s accounting or audit matters. Investors should watch for future proxy or financial filings that include audit opinions and any discussion of the company’s financial condition.