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Majestic Gold launches CAD$50M private placement to fund growth and acquisitions.

Company Fundamentals
21 May 2026
TheNewswire
View Source
Bullish
pluang ai news

Majestic Gold Corp. announced a non-brokered private placement to raise up to CAD$50 million by issuing common shares at CAD$0.13 each. The funds will support strategic growth initiatives including investments in mining opportunities, joint ventures, acquisitions of mineral properties, and related technical studies. This financing aims to enhance the company's financial flexibility as it explores expansion beyond its current operations in China. Completion depends on regulatory approvals and may include finder’s fees up to 6%.

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