Majestic Announces 2023 Agm Results

MAJESTIC ANNOUNCES 2023 AGM RESULTS

Vancouver, British Columbia – 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: [email protected]

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.

306 - 1688 152nd Street

Surrey, British Columbia

Canada, V4A 4N2

Telephone: 604-560-9060

Facsimile: 604-560-9062

Email: [email protected]