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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. > IPO Price
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Comment by TOCKY8008on Dec 15, 2023 3:11pm
71 Views
Post# 35787306

RE:RE:RE:RE:RE:IPO Price

RE:RE:RE:RE:RE:IPO PriceMe, again

I should have Highlighted this  guy too :

(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

In any case ,if any of these guys are related, they are pretty much dictating what is happening with the mine.
IMHO

TOCKY8008

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