Majestic Gold Corp. Announces Non-Brokered Private Placement of up to CAD$50 Million

Vancouver, British Columbia – TheNewswire - May 21, 2026  – Majestic Gold Corp. (“Majestic” or the “Company”) TSX.V: MJS, FSE: A0BK1D) is pleased to announce a non-brokered private placement financing (the “Private Placement”) for gross proceeds of up to CAD$50,000,000 through the issuance of up to 384,615,385 common shares of the Company (the “Shares”) at a price of CAD$0.13 per Share.   The Company intends to use the net proceeds of the Private Placement to advance its strategic growth initiatives, including: