Majestic Gold Corp. V.MJS

Alternate Symbol(s): MJGCF

Metals & Mining Gold

Majestic Gold Corp. is a Canada-based mining company. The Company is engaged in mineral resource exploration, development and extraction. The Company’s Songjiagou Gold Mine covers approximately 75.04 square kilometers in Muping, Yantai, Shandong Province, China. It has four separate tenements, including E36/918, E37/1334, E63/2110 (Kumarl) Tenement and E77/2817 (Moorine) Tenement. These tenements are located in Western Australia, an area with demonstrated potential for the discovery of lithium oxide mineralization. E36/918 tenement has been granted and consists of two blocks located 150 kilometers (km) North of Leonora, about 50 km north of Leinster, along the east side of the Kathleen Valley. E37/1334 tenement has been granted and consists of six blocks located west of Leonora township, 200 km North of Kalgoorlie and 700 km northeast of Perth, in the Goldfields region. E63/2110 (Kumarl) tenement has been granted and is comprised of 10 blocks located 250 km south of Kalgoorlie.

TSXV:MJS - Post by User

Majestic Gold Corp. > Amount to be raised via HK listing

<< Previous

Bullboard Posts

Next >>

Comment by Value2020on Nov 16, 2022 6:48pm

79 Views

Post# 35105152

RE:Amount to be raised via HK listing

As per your calculations how much are current shareholder getting diluted?

Seems like 32-33%. Correct me if i missed something.

We give up 1/3 our control and hopefully get something in return?

Whats wrong with putting 20-30 Mil every year and wait for the market see the market cap below cash positon.

<< Previous

Bullboard Posts

Next >>

SSR Mining reviews deadly landslide, faces class-action lawsuits