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FORM 7 MONTHLY PROGRESS REPORT Name of CNS Issuer: MAGMA RESOURCES LTD. (the Issuer). Trading Symbol: MNA Number of Outstanding Listed Securities: 10,010,000 Date: July 2, 2010, This Monthly Progress
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The number of outstanding listed refers to the total number of shares that a company has issued that are currently held by shareholders, including shares held by institutional investors and insiders, but excluding shares repurchased by the company.
Publicly traded companies are required to file the number of outstanding listed as part of their regulatory reporting obligations to provide transparency to investors and regulatory bodies.
To fill out the number of outstanding listed, a company must determine the total number of shares issued and subtract any shares that have been repurchased or are held in the treasury. This information is typically reported in financial statements or regulatory filings.
The purpose of the number of outstanding listed is to provide stakeholders with information about the company's equity capital structure, assist in the calculation of key financial ratios, and help assess the company’s market capitalization.
The information required to be reported includes the total number of shares issued, the number of shares that are currently outstanding, and any changes in the number of outstanding shares over time due to new issuances or stock buybacks.
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