Vancouver, British Columbia - TheNewswire - November 13, 2023 - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V:MJS) (FSE:A0BK1D) is pleased to announce that the management nominees listed in the Information Circular for the 2023 Annual General Meeting of Shareholders (the “AGM”) held on November 9, 2023, were elected as Directors of the Company. The shareholders re-elected Stephen Kenwood, Chengliang Jiang, and John Campbell for the upcoming year.

Other resolutions submitted by management to shareholders for consideration were approved as presented, including the approval of the Company’s Stock Option Plan as summarized in the Information Circular (99.73% For; 0.27% Against). Approval of the re-appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as auditors for the ensuing year, and authorized the Directors to fix their remuneration (99.75% For; 0.25% Abstain).

Following the AGM, the Board of Directors re-appointed Stephen Kenwood as President & Chief Executive Office, and James Mackie as Chief Financial Officer & Corporate Secretary.  

About Majestic Gold Corp.

Majestic Gold Corp. is a British Columbia based company engaged in mineral resource exploration, development and extraction. Additional information on the Company and its projects is available under the Company's profile at www.sedar.com and on the Company's website at www.majesticgold.com.

For further information, please contact:

James Mackie, Chief Financial Officer & Corporate Secretary

Telephone: (604) 560-9060

Email: info@majesticgold.com

www.majesticgold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.