MAJESTIC GOLD Aktie

 

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Vancouver, British Columbia – TheNewswire - August 31, 2026 - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) announces its financial and operational results for the six months ended June 30, 2026. The following financial results are expressed in US dollars unless otherwise stated.   FINANCIAL AND OPERATIONAL HIGHLIGHTS Six months ended June 30, 2026 and subsequent events to August 31, 2026 Revenue was $52.7 million, a 23.2% increase over the $42.7 million in revenue for the FY2025 comparative period;  Gross profitfrom mining operations was $31.8 million, a 44% increase over the $22.1 million in gross profit for the FY2025 comparative period  Net incomewas $12.6 million, a 25.5% increase over the $10.1 million in net income for the FY2025 comparative period;   Gold production was 12,027 ounces, a 24.3% decrease from the 15,879 ounces produced in the FY2025 comparative period. Production during the current period was impacted by a temporary Yantai-wide suspension...

Vancouver, British Columbia – TheNewswire - August 27, 2026 – Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the “Company”) announces that Mr. Fan Zhong Kong has withdrawn his advance notice of director nominations dated June 25, 2026 in connection with the upcoming annual general meeting of shareholders of the Company, scheduled to be held on September 22, 2026. The withdrawal follows the Company's announcement on August 11, 2026 regarding the discontinuance of court proceedings between the Company and Mr. Kong, and the parties' intention to move forward constructively and continue working together in connection with Yantai Zhongjia Mining Co., Ltd. About Majestic Gold Corp. Majestic Gold Corp. is a junior gold producer engaged in commercial gold production in eastern Shandong Province, China, with mining operations at its Songjiagou Gold Mines and the Mujin Gold Project. Additional information on the Company and its projects is available at www.sedarplus.ca and on the Company's website at...

Vancouver, British Columbia – TheNewswire - August 26, 2026 – Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (“Majestic” or the “Company”) announces that its 58.75%-owned Hong Kong Stock Exchange-listed subsidiary, Persistence Gold Group Ltd. (“Persistence”) (HKEX: 2489), and a wholly-owned subsidiary of Persistence have entered into two equity transfer agreements for the proposed disposal of Persistence group's entire indirect 52% interest in Yantai City Mujin Mining Company Limited (“Yantai Mujin”), together with related shareholder loans, for aggregate consideration of approximately US$25.9 million (RMB174.0 million) (the “Transaction”).   Yantai Mujin owns and operates the Mujin Gold Project in Yantai City, Shandong Province, China. The Mujin Gold Project comprises the Denggezhuang Underground Gold Mine (“DGZ Mine”), the Houzhuang-Heiniutai Underground Gold Mine (“HH Mine”) and the Chahe Underground Gold Mine (“CH Mine”).   Transaction Details The Transaction comp...

  Vancouver, British Columbia – August 11, 2026 – TheNewswire - Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the “Company”) announces that the Company and Mr. Fan Zhong Kong have agreed to discontinue the previously announced court proceedings.   During recent discussions, the Company provided Mr. Kong with further information regarding Majestic's business strategy, including the rationale for its recent financing and its plans to pursue opportunities intended to diversify and strengthen the Company's operations. These discussions provided the parties with a clearer understanding of the Company's strategic objectives and the concerns raised by Mr. Kong.   The Company and Mr. Kong believe that discontinuing the proceedings is in the best interests of the Company and its stakeholders. The parties intend to move forward constructively and continue working together in connection with Yantai Zhongjia Mining Co., Ltd. (“Zhongjia”), the joint venture entity between Majestic and Yantai Dahedo...

Vancouver, British Columbia – July 9, 2026 – TheNewswire - Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the “Company”) announces that it has postponed its annual general meeting of shareholders (the “AGM”), previously scheduled for July 31, 2026, to September 22, 2026. The record date for determining shareholders entitled to receive notice of and to vote at the AGM has been fixed as August 21, 2026. The Company has decided to postpone the AGM following a decision by the Supreme Court of British Columbia to hear on an expedited basis the petition commenced by Mr. Fan Zhong Kong, with the hearing scheduled for August 31, 2026. The postponement is intended to allow the Court to adjudicate the matters raised in the petition in advance of the AGM. About Majestic Gold Corp. Majestic Gold Corp. is a low-cost junior gold producer engaged in commercial gold production in eastern Shandong Province, China, with mining operations at its Songjiagou Gold Mines and the Mujin Gold Project. Additional inform...

Vancouver, British Columbia – TheNewswire - July 6, 2026 – Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the “Company”) is pleased to announce that, through Persistence Gold Group Ltd. (“Persistence Gold”), its 58.75%-held subsidiary, it has entered into an investor agreement with GoldStone Resources Limited (“GoldStone”), a company incorporated in Jersey with limited liability and listed on the AIM market of the London Stock Exchange.   Pursuant to the investor agreement, Persistence Gold Group Ltd. has agreed to acquire 351,594,899 ordinary shares of GoldStone at a price of £0.01 per share for total consideration of £3,515,948.99 (approximately CAD$6,668,068), representing an approximately 20.96% equity interest in GoldStone following completion of the investment. In connection with the investment, Persistence Gold will have the right to nominate one representative to the board of directors of GoldStone, for so long as the Persistence Gold retains an interest of 15% or more in the Go...

Vancouver, British Columbia – TheNewswire - June 30, 2026 – Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Private Placement”) for aggregate gross proceeds of C$49,234,099.98 through the issuance of 378,723,846 common shares of the Company (the “Common Shares”) 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 China; technical studies, due diligence, project evaluations and property investigations associated with potential transactions; advancement of development opportunities and potential project funding commitments; and working capital, corporate development activities and general corporate purposes. No finders' fees or commissions were paid in connection with the Private Placement. The Common Shares issued under the Private Pl...

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2026) - Mr. Fan Zhong Kong (the "Concerned Shareholder"), who holds approximately 12.79% of the issued and outstanding common shares of Maje......

Vancouver, British Columbia – June 24, 2026 - TheNewswire – Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the “Company”) is pleased to announce that the Supreme Court of British Columbia (the “Court”) 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 (the “Private Placement”) until after Mr. Kong's petition is decided on its merits or until after the Company's annual general meeting of shareholders scheduled to be held on July 31, 2026 (the “AGM”). The Court declined to order this relief. On an interlocutory basis, the Court has directed that the Private Placement may close after the record date for the AGM, which is June 29, 2026. The Company intends to close the Private Placement as expeditiously as possible. About Majestic Gold Corp. Majestic Gold Corp. is a low...

Vancouver, British Columbia – TheNewswire - June 17, 2026 – Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the “Company”) is pleased to announce that, further to its May 21, 2026 news release, it has received conditional approval from the TSX Venture Exchange (the “TSXV”) for its private placement financing (the “Private Placement”) of up to 384,615,385 common shares (the “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 Company may determine. The Company intends to use the net proceeds of the Private Placement for strategic equity investments, acquisitions and joint venture opportunities outside of China; technical studies, due diligence, project evaluations and property investigations associated with potential transactions; advancement of development opportunities and potential project funding commitments; and working cap...

Vancouver, British Columbia – TheNewswire - June 15, 2026 – The Board of Directors of Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) (the "Company") 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 (the “Requisition”) does not constitute a valid shareholder requisition under the Business Corporations Act (British Columbia) (the “Act”). Accordingly, the Company will not be calling a meeting of shareholders in response to the Requisition. Among other things, the Requisition proposes the election of directors and the setting of the number of directors at four but fails to identify any proposed director nominees or provide sufficient information in respect of the foregoing and in respect of the other matters proposed therein. The Board has been advised by its legal counsel that the Requisition is deficient and does not constitute a valid requisition under the Act. The Company has advis...

Majestic Gold is Trading at a Substantial Discount to the Cash and Cash Equivalents on its Balance SheetMajestic Gold has Ample Cash and No Immediate Need for FinancingThe Non-Brokered Private Pla......

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Vancouver, British Columbia – June 1, 2026 - TheNewswire - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) 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 million in gross profit for the FY2025 comparative quarter  Net incomewas $7.0 million, a 13.8% increase over the $6.1 million in net income for the FY2025 comparative quarter;   Gold production was 5,276 ounces, a 35.9% decrease over the 8,230 ounces produced forthe FY2025 comparative quarter. Production during the quarter was impacted by a temporary Yantai-wide suspension of mining operations in February 2026 following an accident at an unrelated third-party min...

Vancouver, British Columbia – TheNewswire - May 21, 2026  – Majestic Gold Corp. (“Majestic” or the “Company”) TSX.V: MJS, FSE: A0BK1D) is pleased to announce a non-brokered private placement financing (the “Private Placement”) for gross proceeds of up to CAD$50,000,000 through the issuance of up to 384,615,385 common shares of the Company (the “Shares”) 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;   investments in joint venture opportunities;   acquisition of mineral properties, mining companies and other strategic assets; and  transaction costs, technical studies, and due diligence activities;     Majestic believes the financing will enhance the Company's financial flexibility as it evaluates growth opportunities outside its existing operating portfolio.   The Company may pay finder's fees i...

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Vancouver, British Columbia – TheNewswire - April 17, 2026 - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) announces its financial and operational results for the year ended December 31, 2025. The following financial results are expressed in US dollars unless otherwise stated. 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 from operating activities increased by 8.3% to $30.9 million in FY2025, from $28.5 million for FY2024  Gold production was 29,804 ounces for FY2025, a 6.7% decrease over the 31,949 ounces produced forFY2024.   Strong financial position at December 31, 2025. The Company had cash and cash equivalents of $167.1 million (FY2024 - $100.7 million) and working capital of $11...

Vancouver, British Columbia – TheNewswire - March 23, 2026  – Majestic Gold Corp. (“Majestic” or the “Company”) TSX.V: MJS, FSE: A0BK1D) 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 February 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 annual gold production for 2026.   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 Shandong Province, China, with mining operations at its Songjiagou Gold Mines, its flagship project, and the Mujin Gold Project. Additional information on the Company and its projects is available at www.sedarplus.ca and on the Company's websi...

Vancouver, British Columbia – TheNewswire - March 17, 2026  – Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) 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 eastern Shandong Province, China, with mining operations at its Songjiagou Gold Mines, its flagship project, and the Mujin Gold Project. Additional information on the Company and its projects is available at www.sedarplus.ca and on the Company's website at www.majesticgold.com.   For further information, please contact: James Mackie, Chief Financial Officer & Corporate Secretary Telephone: (604) 560-9060 Email: info@majesticgold.com www.majesticgold.co...