Majestic Gold Corp. Declares Dividend

Core Viewpoint - Majestic Gold Corp. has declared a dividend of CAD$0.0072 per common share, totaling approximately CAD$7.5 million, reflecting the company's commitment to returning value to shareholders while maintaining a strong balance sheet [1][2]. Dividend Announcement - The dividend will be distributed on October 9, 2025, to shareholders of record as of September 16, 2025 [1]. - Based on the closing price of CAD$0.14, the cash dividend represents an estimated yield of approximately 5.14% [2]. Tax Implications - The dividend is designated as an "eligible dividend" for Canadian income tax purposes, with non-resident shareholders generally subject to withholding tax unless reduced by applicable tax treaties [3]. Company Overview - Majestic Gold Corp. is a low-cost junior gold producer engaged in commercial gold production at the Songjiagou Gold Mine in eastern Shandong Province, China [4].