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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

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

Comment by TOCKY8008on Dec 15, 2023 2:55pm
90 Views
Post# 35787261

RE:RE:RE:RE:IPO Price

RE:RE:RE:RE:IPO Price
Hi again,
I rechecked a few numbers and if you take into account the possible 75 millions shares over allotment of the IPO, it comes to 51%.
You must have read 51% somewhere ?
So ultimately you were correct.

Regarding Mr   Fang Kong is he this guy :
(Dahedong google search ,HKEX news, pdf file. )
IF not, might be a relative ?

(Yantai City Dahedong Mineral
Processing Co. Ltd.*), a limited liability company established in
the PRC on 14 December 2009, a minority shareholder of Yantai
Zhongjia which held 25% of the entire equity interest in Yantai
Zhongjia, and is a connected person. As at the Latest Practicable
Date, Dahedong was owned as to 50% by Mr. Kong Fanbo, and
the remaining equity interests held in equal share of
approximately 16.67% by each of (i) Mr. Kong Fanzhong; (ii)
Mr. Wang Lei; and (iii) SDZJ

TOCKY8008
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