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Majestic Gold ( (TSE:MJS) ) has provided an update.
Majestic Gold Corp. has successfully fulfilled all the conditions for its Share Purchase and Capital Increase Agreement to acquire a 52% stake in the Target Company and the Muping Gold Project through its subsidiary, Persistence Resources Group Ltd. The equity transfers of Zhaojin and Yihui have been completed, marking significant progress in the acquisition process, with further updates on the capital increase to be provided as necessary.
More about Majestic Gold
Majestic Gold Corp., based in British Columbia, is a junior gold producer known for its low-cost commercial gold production operations at the Songjiagou Gold Mine located in eastern Shandong Province, China.
YTD Price Performance: 20.0%
Average Trading Volume: 274,056
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$93.84M
Learn more about MJS stock on TipRanks’ Stock Analysis page.
