Majestic Gold Corp. MJS

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 Majestic Gold Corp. (TSXV: MJS) (the "Company" or "Majestic Gold") announces today that he has filed an advance notice in accordance with Section 14.12 of the Company's Articles to nominate 6 directors for election at the upcoming annual general meeting of shareholders of the Company, which the Company has.

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 Placement is Highly Dilutive to Shareholders and May Materially Affect Control of Majestic GoldThe Board of Directors is due for Re-election, and the Upcoming Annual General Meeting will Allow Shareholders to Voice their Concerns and Exercise Shareholder RightsThe Concerned Shareholder Has Requisitioned...

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