Majestic Gold Appoints New Director
730 - 1130 West Pender Street Vancouver, B.C. CANADA V6E 4A4 Telephone: 604-681-4653 Facsimile: 604-568-4902 TSX.V:MJS Email: [email protected]
Majestic Gold Appoints New Director
Vancouver, British Columbia, April 30, 2010 – Majestic Gold Corp. (TSX.V: MJS) is pleased to announce the appointment of Gurminder Sangha to its board of directors, and announces that Daniel Pisenti resigned from its board of directors as of April 14, 2010.
Dan Pisenti stepped down as director after assisting the Company in seeking out well-qualified directors with years of experience in financing and mining. Rod Husband, President and CEO stated, “We appreciate the service rendered by Dan over the past years and his desire for the success of the Company.”
Mr. Sangha is an independent business advisor to the mining industry. For over nine years, Mr. Sangha has focused on significant international exploration, development, and mining ventures, and all aspects of their structuring and finance. His previous positions include: Business Development Manager at Scotia McLeod.; Commercial Banking Manager, Scotiabank; and Business Advisor to Norsemont Mining Inc., a Toronto Stock Exchange listed copper company. During his tenure at Norsemont, he helped grow the company from a market capitalization of $1 million to $100 million in less than two years. Mr. Sangha holds a Bachelor of Commerce degree. “We are looking forward to working with Gurminder and building Majestic Gold. His fundraising experience will contribute significant value to the Company, and will help increase shareholder value,” stated Rod Husband, president and CEO of Majestic Gold.
The Company board of directors now has five members: Rod Husband, Shao Hui Chen, Rudy Brauer, Mike Hibbitts, and Gurm Sangha.
Majestic Gold Corp. is an advanced stage gold exploration and development company with a very advanced gold deposit in the prolific gold region of Songjiagou in eastern Shandong Province (which contains 2.7 million ounces in a 43-101 compliant resource).
On Behalf of the Board of Directors MAJESTIC GOLD CORP.
Signed “Rod Husband”
Rod Husband, P.Geo.
President and CEO Contact: Investor Relations 604-681-4653 Email: [email protected] or visit our Website: www.globalhunter.ca 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.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.