RE:RE:RE:RE:RE:RE:RE:Majority Shareholder Approvalpage 6: https://majesticgold.com/site/assets/files/4356/2022_management_info_circular.pdf
"To the best of the knowledge and belief of the directors and senior officers of Majestic, as at the Record Date, no person beneficially owned, directly or indirectly, or exercised control or direction over shares carrying more than 10% of the voting rights attached to any class of voting securities of Majestic except: Fan Zhong Kong 133,314,714 12.79%
I interpret this, that they dont have a list of "Big shareholders" where they can go to, to approve. I dont think that the privat placements above are from only entities each, it is more likly that more than 1 entity signed for each of the private placements above.
But the questions is, how has they reached written shareholder approval for the debt cancellation 2020?
"Cancellation of Intercompany Debt needed to be approved in writing by the arm's length shareholders holding at least 50% of the common shares of the Company"
https://stockhouse.com/news/press-releases/2020/06/15/majestic-announces-cancellation-of-intercompany-debt