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.

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Majestic Gold Corp. > IPO PRG

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Post by richard45161on Dec 14, 2023 4:22am

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Post# 35783791

IPO PRG

the uncensored prospect is online: https://en.persistenceresource.com/upload/Pdb3fe52a25a74174ab7d1ac6c0b208ba.pdf

Info: www.acnnewswire.com/press-release/english/88071/

I assumed US$ 80 million proceeds for 25% of PRG. However, the figures/plans now speak of around US$ 40 million. I have attached the corrected table below. I think this info stuck in my brain from a time i didnt checked every little info presented here.

The most important thing for me - MJS is now free to act and all share holder value measures should be on the table. Let's just hope that MGM uses this opportunity and finally communicates how we MJS shareholders can finally participate in the success of the company.

regards

richard