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Bullboard - Stock Discussion Forum Majestic Gold Corp. MJGCF


Primary Symbol: V.MJS

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... see more

TSXV:MJS - Post Discussion

Majestic Gold Corp. > dividends
View:
Post by richard45161 on Dec 09, 2024 11:45am

dividends

PRG dividend payments
 
1x 31.08.24 - half year results 2024 - 0.0295 HKD interim dividend
1x 31.03.25 - annual result 2024 - 0.0295 HKD final dividend (assumed)
 
would be 0.059HKD x 1,410,000,000 shares in PRG owned by MJS = 83,190,000 HKD ~ 10,700,000 USD
 
10,700,000 USD total dividend amount divided by 1,042,664,381 MJS shares equals ~ 0.01 USD
 
MJS could benefit from a possible second dividend from PRG to its shareholders of 0.0295 HKD (equivalent to the first dividend) - a dividend of 0.01 USD (2x0.007CAD) would be payable from MJS to its shareholders
 
all in all, I think it is likely that this will happen. I cannot know!
greetings
richard
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