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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

Metals & Mining Gold
Majestic Gold Corp. is engaged in mineral resource exploration, development and extraction. It operates the Songjiagou open pit gold mine in the eastern Chinese province of Shandong. Songjiagou Gold Mine covers over 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 kms 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 kms North of Kalgoorlie and 700 kms northeast of Perth, in the Goldfields region. E77/2817 (Moorine) Tenement consists of eight blocks located 400 kms east of Perth.


TSXV:MJS - Post by User

Majestic Gold Corp. > Company structure after IPO
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Comment by rbg3006on May 10, 2023 2:54pm
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Post# 35441404

RE:RE:RE:RE:RE:RE:Company structure after IPO

RE:RE:RE:RE:RE:RE:Company structure after IPOThis is from february 2021. I don't know the current situation.

Chinese authorities are contemplating proposals to allow citizens to invest in overseas securities and insurance within the current annual individual quota of $50,000, a foreign exchange official said.

Widening the investment categories signals a slight easing of China’s strict capital controls. The $50,000 limit, imposed since 2007, can currently only be applied for overseas travel, study or work.
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