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. > 6 month Lockdown for MJS trading PRG shares

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Post by nozzpackon Dec 15, 2023 8:03am

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Post# 35786255

6 month Lockdown for MJS trading PRG shares

So, that takes us to late June 2024 before controlling shareholders like Majestic can consider selling some of its PRG shares .

That can proceed but it must remain a controlling shareholder.

At least that's my interpretation .

As far as I am aware, similar lockdown restrictions apply to the International holders but not the 50 m shares of the public float which begins trading next week..

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