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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: 51,581,666
Date: August 7, 2013,
This Monthly Progress
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What is number of outstanding listed?
The number of outstanding listed refers to the total number of shares that have been issued by a company and are currently held by shareholders, excluding shares held by the company itself.
Who is required to file number of outstanding listed?
Publicly traded companies are required to file the number of outstanding listed shares as part of their financial reporting obligations to regulatory authorities.
How to fill out number of outstanding listed?
The number of outstanding listed should be filled out by entering the total number of shares that are issued and held by investors, which can be obtained from the company's shareholder records.
What is the purpose of number of outstanding listed?
The purpose of reporting the number of outstanding listed shares is to provide transparency to investors regarding the company's capital structure and to help in calculating important metrics like earnings per share.
What information must be reported on number of outstanding listed?
The information reported must include the total number of issued shares, shares held by the company itself (treasury shares), and any changes in the outstanding share count since the last reporting period.
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