09:49 AM EST - Magellan Minerals Ltd : Has entered into a comprehensive debt settlement agreement with its management group. Extensive funding has been provided to the company from 2013 through to the current date by management in the form of non-interest bearing and unsecured advances, unpaid remuneration and unreimbursed expenditures incurred by management on behalf of the company. Liabilities totaling approximately $2.4 million were due to management as at September 30, 2015. Magellan Minerals Ltd
shares V.MNM are trading unchanged at $0.06.
