Majestic Gold proposes sale of Mujin Gold Project stake for US$25.9 million

• Majestic Gold proposed selling its group’s entire indirect 52% stake in Yantai Mujin, operator of China’s Mujin Gold Project.
• Aggregate cash consideration set at about USD 25.9 million, including about USD 15.9 million for equity interests.
• Transaction also includes repayment of about USD 10 million of shareholder loans tied to the Mujin investment.
• Buyer group includes Fan Zhong Kong for a 41.051% indirect interest, valued at about USD 20.4 million.
• Yantai Yihui Investment to buy a 10.949% interest for about USD 5.5 million; closing depends on required approvals and conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Majestic Gold Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608260730TNWSWRCACNPR_____1Bz4FX1G3) on August 26, 2026, and is solely responsible for the information contained therein.