Majestic Provides Corporate Update

MAJESTIC PROVIDES CORPORATE UPDATE

Vancouver, British Columbia – April 23, 2024 - Majestic Gold Corp. (“Majestic” or the “Company”)

(TSX.V: MJS, FSE: A0BK1D) would like to provide further information to its recently announced six-month

agreement commencing April 18, 2024, between the Company and Stockhouse, a Vancouver -based

marketing and media platform company. Pursuant to the agreement, Stockhouse will be paid $3,000 per

month, with an initial payment of $9,000 being applied to the first and last two months of the agreement .

Stockhouse will execute standard and tailored advertising and marketing campaigns to engage targeted

investor audiences in building investor awareness of the Company a s well as increasing exposure of its

flagship Songjiagou Gold Mine Project. Stockhouse is an arm's length part y to the Company and, to the

Company's knowledge, does not currently own securities of the Company.

The Company’s would also like to announce its 2024 Annual General Meeting is planned to be held on July

11, 2024 with a record date for shareholders entitled to vote at the meeting of June 6, 2024.

On behalf of the Board of Directors of Majestic Gold Corp.

“James Mackie”

CFO and Corporate Secretary

Telephone: (604) 560-9060

Email: [email protected]

Website: www.majesticgold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in 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]