Majestic Announces Change IN Financial Year-End
MAJESTIC ANNOUNCES CHANGE IN FINANCIAL YEAR-END
Vancouver, British Columbia, November 14, 2019 – Majestic Gold Corp. (TSX-V: MJS) (“Majestic”
or the “Company”) announces that its board of directors has resolved to change the Company’s fiscal year-
end to December 3 1 from its current fiscal year -end of September 30. As a result, Majestic will file an
additional interim report as at September 30, 2019 and will report audited financial results for a 15 -month
transition year from October 1, 2018 to December 31, 2019 (with a comparative of the 12 months ended
September 30, 2018). Afterwards, Majestic will revert to a customary reporting calendar based on a
December 31 year-end, with fiscal quarters ending on the last day of March, June, September and December
each year.
Majestic has made this change as it believes it will facilitate greater efficiencies in the administration,
accounting and compilation of its annual audited consolidated financial statements.
The Notice of Change of Fiscal Year End required under National Instrument 51-102 has been filed under the
Company’s profile at www.sedar.com.
About Majestic Gold
Currently focused solely in China, Majestic Gold Corp. is a British Columbia based company engaged in
commercial gold production at the Songjiagou Gold Mine in eastern Shandong Province, China. Additional
information on the Company and its projects is available at www.sedar.com and on the Company’s website
at www.majesticgold.com.
For further information, please contact:
Stephen Kenwood, P.Geo., President and CEO
Telephone: (604) 560-9060
Email: [email protected]
Website: www.majesticgold.com
Cautionary Notes
Certain statements contained herein may constitute forward‐looking statements and are made pursuant to the
"safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and Canadian
securities laws. Forward‐looking statements are statements which relate to future events. Such statements include
estimates, forecasts and statements as to management's expectations with respect to, among other things, business
and financial prospects, financial multiples and accretion estimates, future trends, plans, strategies, objectives and
expectations, including with respect to production, exploration drilling, reserves and resources, exploitation
activities and events or future operations. Information inferred from the interpretation of drilling results and
information concerning mineral resource estimates may also be deemed to be forward‐looking stat ements, as it
constitutes a prediction of what might be found to be present when, and if, a project is actually developed.
In some cases, you can identify forward‐looking statements by terminology such as "may", "should", "expects",
"plans, "anticipates", believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or
other comparable terminology. These statements are only predictions and involve known and unknown risks,
306 - 1688 152nd Street
Surrey, British Columbia
Canada, V4A 4N2
Telephone: 604-560-9060
Facsimile: 604-560-9062
Email: [email protected]
uncertainties and other factors that may cause our or our industry's actual results, level of activity, performance
or achievements to be materially different from any future results, levels of activity, performance, or achievements
expressed or implied by these forward‐looking statements.
While these forward‐looking statements, and any assumptions upon which they are based, are made in good faith
and reflect our current judgment regarding the direction of our business, actual results will almost always vary,
sometimes materially, from any estimates, predictio ns, projections, assumptions or other future performance
suggestions herein. Except as required by applicable law, Majestic Gold does not intend to update any forward‐
looking statements to conform these statements to actual results.