Majestic Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of C$49,234,099.98 through the issuance of 378,723,846 common shares of the Company at a price of C$0.13 per Common Share. The Company intends to use the proceeds of the Private Placement for strategic equity investments, acquisitions and joint venture opportunities outside of [...]
Majestic Gold Corp. is pleased to announce that the Supreme Court of British Columbia has issued a decision in respect of an application brought in a petition proceeding initiated by Mr. Fan Zhong Kong seeking, among other relief, an interlocutory injunction delaying the Company from completing the non-brokered private placement announced on May 21, 2025 until after Mr. Kong's petition is decided on its merits or until [...]
Majestic Gold Corp. is pleased to announce that, further to its May 21, 2026 news release, it has received conditional approval from the TSX Venture Exchange for its private placement financing of up to 384,615,385 common shares at a price of C$0.13 per Common Share, for aggregate gross proceeds of up to C$49,234,099.98. The Private Placement is anticipated to close on Thursday, June 25, 2026, or such later date as the [...]
The Board of Directors of Majestic Gold Corp. announces that, with the advice of its legal counsel, it has determined that the shareholder requisition received from Mr. Fan Zhong Kong on May 28, 2026 does not constitute a valid shareholder requisition under the Business Corporations Act . Accordingly, the Company will not be calling a meeting of shareholders in response to the Requisition. Among other things, the [...]
Majestic Gold Corp. announces its financial and operational results for the three months ended March 31, 2026. The following financial results are expressed in US dollars unless otherwise stated. FIRST QUARTER HIGHLIGHTS Revenue was $23.6 million, a 20.9% increase over the $19.5 million in revenue for the FY2025 comparative quarter; Gross profitfrom mining operations was $15.9 million, a 53.9% increase over the $10.3 [...]
Majestic Gold is pleased to announce a non-brokered private placement financing for gross proceeds of up to CAD$50,000,000 through the issuance of up to 384,615,385 common shares of the Company at a price of CAD$0.13 per Share. The Company intends to use the net proceeds of the Private Placement to advance its strategic growth initiatives, including: strategic equity investments in mining and resource opportunities [...]
Majestic Gold announces its financial and operational results for the year ended December 31, 2025. FULL YEAR HIGHLIGHTS Revenue increase 25.8% to $89.3 million for FY2025, compared to $71 million for FY2024; Gross profitfrom mining operations increased by 30.8% to $47.6 million in FY2025, from $36.4 million for FY2024 Net incomewas $18.3 million for FY2025, a decrease of 10.8% from $20.5 million for FY2024; Cash flow [...]
Majestic Gold is pleased to announce that operations and production have resumed at the DGZ Underground Mine, located within its Mujin Gold Project. Reference is made to the Company's Feb 10, 2026 news release in relation to the suspension of production at the Mujin Gold Project. Given the relatively short duration of the production suspension, the Company does not expect the interruption to have a material impact on its [...]
Majestic Gold Corp. is pleased to announce that operations and production have resumed at the Songjiagou Underground Mine. The Company will issue further announcements regarding the resumption of production and other necessary information as it becomes available. About Majestic Gold Corp. Majestic Gold Corp., a British Columbia based company, is a low-cost junior gold producer engaged in commercial gold production in [...]
Majestic Gold Corp. is pleased to announce that operations and production have resumed at the Songjiagou Open-Pit Mine. The Company will issue further announcements regarding the resumption of production and other necessary information as it becomes available. About Majestic Gold Corp. Majestic Gold Corp., a British Columbia based company, is a low-cost junior gold producer engaged in commercial gold production in eastern [...]
Majestic Gold Corp. TSX.V: MJS, FSE: A0BK1D) announces that operations at both its Songjiagou Gold Project and Mujin Gold Project have been temporarily suspended following notification from the Yantai Emergency Management Bureau that all gold mining operations in Yantai are required to cease immediately. The suspension has been ordered in response to a serious accident that occurred on February 7, 2026 at an unrelated [...]
Majestic Gold Corp. is pleased to announce that operations have resumed at its Songjiagou Underground Mine , following the successful renewal of its safety production permit. As disclosed in the September 15, 2025 news release, the Company's operations at the SJG Underground Mine were temporarily suspended on September 1, 2025, due to the expiration of its safety production permit. On November 20, 2025, the Company's [...]