Majestic Gold Corp.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Stephen Patrick Kenwood
- Full Time Employees
- 86
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 1688 152nd Street Surrey BC Canada V4A 4N2
- IPO Date
- Jun 18, 1987
- Website
- majesticgold.com
- Similar Companies
- Business
- Majestic Gold Corp. (TSX-V: MJS) engages in the exploration, development and production of gold mining properties primarily in China. The company operates its flagship Songjiagou open-pit gold mine in Shandong Province, which accounts for approximately 25% of China's gold output; it explores for gold ores through additional projects including the Muping Gold Project and holds interests in properties in Australia and Canada. Majestic targets gold producers and investors in the basic materials sector, with operations centered in eastern China and corporate activities in Canada. Founded in 1986, the company maintains headquarters in Surrey, British Columbia. In November 2024, Majestic entered a Share Purchase and Capital Increase Agreement through its 70.5%-owned subsidiary Persistence Resources Group Ltd to acquire 52% of Yantai City Mujin Mining Company Limited, which controls the Muping Gold Project with indicated and inferred mineral resources of 3.9 million tonnes at 4.76 g/t gold, for RMB 81.9 million (CAD$15.8 million); in October 2025, Persistence completed a HK$472 million (CAD$85.2 million) private placement to fund potential gold mine acquisitions and related growth initiatives.
Company News
Majestic Gold Corp. Postpones Annual General Meeting
Concerned Shareholder of Majestic Gold Corp. Files Advance Notice of Nomination of Directors and Clarifies the Company's Omission in Its Press Releases Regarding the Private Placement and the Injunction
Majestic Gold Corp. Announces Outcome in Injunction Proceeding Regarding Private Placement Financing
Majestic Gold Corp. Receives Conditional Approval for Private Placement Financing
Majestic Gold Corp. Responds to Shareholder Requisition and Announces Date of Annual General Meeting
Concerned Shareholder of Majestic Gold Corp. Outlines Objection to Proposed Non-Brokered Private Placement and Requisitions Shareholder Meeting
Majestic Gold Announces Q1 2026 Results With Net Income Of US$7.0 Million And Cash Of US$171.6 Million
Majestic Gold Corp. Announces Non-Brokered Private Placement of up to CAD$50 Million
Majestic Gold Corp. Announces 2025 Annual Results
Majestic Gold Resumes Operations at its Mujin Gold Project
Majestic Gold Resumes Operations at its Songjiagou Underground Mine
Majestic Gold Resumes Operations at Songjiagou Open-Pit Mine
Majestic Gold Temporarily Suspends Operations
Majestic Gold Resumes Operations at the SJG Underground Mine
Majestic's HKEX-Listed Subsidiary Persistence Completes HK$472 Million Private Placement
Majestic Gold Announces Resumption of Operations at DGZ Mine
Majestic's HKEX-Listed Subsidiary Persistence Announces HK$472 Million Financing
Majestic Gold Corp. Declares Dividend
Majestic Gold Corp. Reports Suspension of DGZ Mine
Majestic Gold Corp. Grants Stock Options