WALLACE, ID / ACCESS Newswire / August 13, 2026 / Magellan Copper & Gold Corporation (OTCID:MAGE) ("Magellan" or the "Company"), is pleased to announce that the company has formed a new wholly owned subsidiary, Magellan Energy Corp. CEO Mike Lavigne stated, "Magellan Energy Corp is not necessarily an entirely new direction for the company, but we believe that our experience in the mining industry is what will help drive some of the solutions we are going to pursue through Magellan Energy".