Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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. > IPO Price
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(117)
•••
Comment by richard45161on Dec 15, 2023 12:12pm
89 Views
Post# 35786887

RE:IPO Price

RE:IPO Price
For the source please check the brochure:https://en.persistenceresource.com/upload/Pdb3fe52a25a74174ab7d1ac6c0b208ba.pdf
pdf. page 159-160
 
 
The gold producing (underground and surface) mine 100%

following ownership:
Dahedong 25% 
PRG 75%
 
Profits are split here for the first time: 25% Dahedong and 75% PRG
 
 
PRG is the gold producing company 100%
following ownership:
Richards 4.5%
New shareholders in HKEX 25%
MJS 70.5%
 
Profits are split once again here: Richards 4.5%, New shareholders in HKEX 25%, MJS 70.5%. (the 70.5% MJS share in PRG corresponds to a 51% share in the mine asset, i.e. MJS can decide what happens to the mine).
 
Regards
Richard

User image
 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities