BULLETIN V2023-0423
MAJESTIC GOLD CORP. ("MJS")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: December 28, 2023
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length disposition of the Company's 25% interest in Persistence Resources Group Ltd ("Persistence"), the Company's 94%-owned subsidiary, by way of listing Persistence's shares on The Stock Exchange of Hong Kong Limited pursuant to Persistence Global Offering Prospectus dated December 14, 2023 (the "Prospectus") The Company will receive C$47.2-million pursuant to the terms of the Prospectus.
For further details, please refer to the Company's news releases dated December 14, 2023 and December 22, 2023.
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