CURRENT AS OF:

March 31, 2010

SHARES ISSUED:

76,019,995

FULLY DILUTED:

103,730,929

ESCROW SHARES

2,340,000

OPTIONS OUTSTANDING:

5,767,350

WARRANTS:

20,304,198

WORKING CAPITAL:

$9,936,095

DEBT:

Nil - Excludes future income tax liability

MANAGEMENT & DIRECTORS:

James Stypula - Chairman, Director
Alan Carter - President, CEO & Director
Ian Gendall - COO, Director
Dennis Moore - VP of Business Development, Director
Paul Hansed - Chief Financial Officer
Derek White - Director
Mario Szotlender - Director
Sharon Fleming - Corporate Secretary

EXCHANGE & SYMBOL:

TSX-V: MNM (Tier 2)

CORPORATE DATA

AUTHORIZED CAPITAL:

Unlimited Common Shares

INCORPORATION DATE:

October 5, 2004

YEAR END:

December 31st

CUSIP No.:

55908M

OFFICE ADDRESS:

Suite 1650 - 409 Granville Street,
Vancouver, BC V6C 1T2 Canada

TELEPHONE NUMBER:

(604) 676-5660

FAX NUMBER:

(604) 676-5664

WEBSITE:

www.magellanminerals.com