Majestic Director Resigns
MAJESTIC DIRECTOR RESIGNS
Vancouver, British Columbia – May 11, 2020 - Majestic Gold Corp. (“Majestic” or the
“Company”) (TSX.V: MJS, FSE: A0BK1D) announces the resignation of Mr. Shaohui Chen
from the board of directors of the Company. The Company wishes to thank Mr. Chen for his
valuable service to the Company as board member since 2010 and wishes him success in his
future endeavors.
On behalf of the Board of Directors,
“Stephen Kenwood”
Stephen Kenwood, P.Geo.,
President and CEO
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 avai lable 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
306 - 1688 152nd Street
Surrey, British Columbia
Canada, V4A 4N2
Telephone: 604-560-9060
Facsimile: 604-560-9062
Email: [email protected]
inferred from the interpretation of drilling results and information concerning mineral resource estimates
may also be deemed to be forward‐ looking statements, 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 statement s are only predictions and
involve known and unknown risks, 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 ac tivity, 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 dir ection of our business, actual results will
almost always vary, sometimes materially, from any estimates, predictions, 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.