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Bullboard - Stock Discussion Forum Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

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... see more

TSXV:MJS - Post Discussion

Majestic Gold Corp. > Q1 Upcoming Events
View:
Post by Value2020 on Jan 12, 2023 8:11am

Q1 Upcoming Events

Looking forward to:

1. HKEX listing resolution

2. Q4 Results

3. Austrailian exploration update

4. Bench #1 mining grade update

5. Gold crossing $2000/oz * this one is a want

Please keep in mind the Chinese New Year is January 22 this will delay everything by 2-3 weeks as everything halts for celebrations.
Comment by richard45161 on Jan 12, 2023 1:24pm
lets put some dates behind: Looking forward to: 1. HKEX listing resolution - before chinese new year :D dreams aside, the deadline for the seconf application is 31.03.2023. Due to the history of our top management, would not suprise me if they come out at the last possible date. Worst case, they fail a second time and communicate nothing. (Like the first application) 2. Q4 Results - Year end ...more  
Comment by rbg3006 on Jan 12, 2023 4:30pm
A few posts over the last few weeks have mentioned that shareholder approval is required for an HKEX listing. How is this supposed to be done by the end of March? How long does a voting process like this take?
Comment by nozzpack on Jan 12, 2023 8:23pm
HKEX requires. Audited 2022 Financial results so we should see Q4 results some time in late March. Appoval of the HKEX listing will be after that listing is approved. Someone mentioned that a cash dividend might be needed to induce the majority of the minority ( us retail largely ) to vote for its proxy majority..would be nice as I am sitting on the fence
Comment by richard45161 on Jan 13, 2023 3:47am
HI, where do you have the information that "HKEX requires. Audited 2022 Financial results" ? I cant find anything about this. See:  "Financial statements. The listing document must generally include three years' audited financial statements and, if the latest financial year ended more than six months before the date of the listing document, and an audited interim (or ...more  
Comment by nozzpack on Jan 13, 2023 6:20am
2022 audited interim financials if you like..
Comment by richard45161 on Jan 13, 2023 6:31am
well its not what i like or not, its not an uninportant factual difference. HKEX listing does not need to wait for the Year End 2022, they could come out with a positive note well before.
Comment by richard45161 on Jan 13, 2023 3:51am
HI, as far as i understand it, is a Shareholder approval required to get the approval from the canadian stock exchange (TMX) where Majestic is listed. This makes perfect sense. The approval would be requested within an Extraordinary Shareholders' Meeting, similar to the year AGM of Majestic. If you are a registered shareholder, it is easy to vote. The vast majority will hold their share ...more  
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