Majestic Gold Corp. announces that it has cancelled intercorporate debt in the total aggregate amount of CAD$62,073,046 owed to the Company by its 94% owned subsidiary, Sinogold Resources Holdings Group Co., Ltd. . Since Sinogold is a subsidiary of the Company, the Consolidated Statements of Financial Position of the Company do not present the [...]
Majestic Gold Corp. announced today that it will not be in a position to file its audited annual financial statements, management's discussion and analysis and related certifications for the fiscal year ended December 31, 2019 on or before June 15, 2020, the required filing due date pursuant to BC Instrument 51-515-Temporary Exemption from Certain [...]
Majestic Gold Corp. is pleased to announce that its operating subsidiary, Yantai Zhongjia Mining Co. Ltd., has secured the renewal of its mining license for the Songjiagou Gold Mine with the Yantai Natural Resource and Planning Bureau until May of 2031. "The renewal ensures the sustainability of operations at Songjiagou for over a decade while at [...]
Majestic Gold announced today that, further to its news release dated April 14, 2020, it is continuing to rely upon the temporary blanket relief for market participants published by the Canadian Securities Administrators, which relief provides issuers with a 45-day filing extension for filings required on or before June 1, 2020, to allow issuers [...]
Majestic Gold announces the resignation of Mr. Shaohui Chen from the board of directors of the Company. The Company wishes to thank Mr. Chen for his valuable service to the Company as board member since 2010 and wishes him success in his future endeavors. On behalf of the Board of Directors, "Stephen Kenwood" Stephen Kenwood, P.Geo., President and [...]
Majestic Gold is providing an update on the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019. On March 18, 2020, the Canadian Securities Administrators issued a notice stating that securities regulators [...]
Majestic Gold is pleased to announce that further to its December 18, 2019 news release the Company has filed a National Instrument 43-101 technical report on the Fair Adelaide East Project in Western Australia. The SRK Consulting technical report summarizes the geological environment and historical work on the 1,322 hectare property that is [...]
Majestic Gold is pleased to announce that it has entered into a letter agreement with Plutus Resources Pty. Ltd. whereby Majestic has been granted an option to acquire a 51% interest in eight tenements or any number of them, located in Western Australia. Terms of the option agreement are as follows: The tenements, collectively called the Fair [...]
Majestic Gold reports its financial and operational results for the fourth quarter ended September 30, 2019. This release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements and associated management discussion and analysis for the same period that are available on SEDAR and [...]
Majestic Gold announces that its board of directors has resolved to change the Company's fiscal year-end to December 31 from its current fiscal year-end of September 30. As a result, Majestic will file an additional interim report as at September 30, 2019 and will report audited financial results for a 15-month transition year from October 1, 2018 [...]
Majestic Gold is pleased to report that its Chinese subsidiary, Majestic China Holdings, has entered into three separate non-binding Memorandums of Understanding with three different groups on four gold projects located in the Muping-Rushan gold belt in eastern Shandong Province, China. Under the terms of each of the MOUs, Majestic and each of the [...]
Majestic Gold Corp. is pleased to provide an update on open pit operations at its Songjiagou Gold Mine in Shandong Province, China. Through the end of the third quarter of 2019, the Songjiagou operation produced 22,122 ounces of gold. The third quarter results were achieved despite a 20% reduction in overall mined tonnage owing to several factors [...]