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Majestic Gold Corp. Reports 2017 Annual Results30.01.2018 | 2:03 Uhr | FSCwire
Vancouver, British Columbia (FSCwire) - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) announces its financial and operational results for the year ended September 30, 2017. The following financial results are expressed in US dollars unless otherwise stated. This release should be read in conjunction with the Company’s audited consolidated financial statements for the years ended September 30, 2017, and 2016 and associated Management Discussion and Analysis (“MD&A”) which are available on SEDAR www.sedar.com and on the Company’s website www.majesticgold.com. OVERVIEW
FINANCIAL INFORMATION
(1) See “Additional Financial Measures” in the Company’s MD&A on page 17-19. (2) “Gross profit” represents total revenues, net of cost of goods sold. (3) “Total current liabilities” does not include deferred income and deferred revenue. PRODUCTION RESULTS
All technical information contained in this news release has been reviewed and approved by Stephen Kenwood, P. Geo., who is a director of the Company and a qualified person under the definitions established by NI 43-101. About Majestic Gold Currently focused solely in China, Majestic Gold Corp. is a British Columbia based company engaged in commercial gold production at the Songjiagou Gold Mine in eastern Shandong Province, China. Additional information on the Company and its projects is available at www.sedar.com and on the Company’s website at www.majesticgold.com. For further information, please contact: Stephen Kenwood, P.Geo., President and CEO Telephone: (604) 560-9060 Email: info@majesticgold.com Website: www.majesticgold.com Cautionary Notes Certain statements contained herein may constitute forward €looking statements and are made pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. Forward €looking statements are statements which relate to future events. Such statements include estimates, forecasts and statements as to management's expectations with respect to, among other things, business and financial prospects, financial multiples and accretion estimates, future trends, plans, strategies, objectives and expectations, including with respect to production, exploration drilling, reserves and resources, exploitation activities and events or future operations. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when, and if, a project is actually developed. In some cases, you can identify forward €looking statements by terminology such as "may", "should", "expects", "plans, "anticipates", believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward €looking statements. While these forward €looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, Majestic Gold does not intend to update any forward €looking statements to conform these statements to actual results. To view the associated document to this release, please click on the following link: public://news_release_pdf/MajesticGold01292018.pdf To view the original release, please click here Source: Majestic Gold Corp. (TSX Venture:MJS, OTC Pink:MJGCF, FWB:AOBK1D) To follow Majestic Gold Corp. on your favorite social media platform or financial websites, please click on the icons below. Maximum News Dissemination by FSCwire. https://www.fscwire.com Copyright © 2018 FSCwire Dieser Artikel stammt von Rohstoff-Welt.de
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