Majestic Gold (TSE:MJS) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Majestic Gold Corp. has announced its acquisition of a 52% stake in Yantai City Mujin Mining Company Limited, a move that includes the Muping Gold Project and is valued at approximately CAD$15.8 million. This acquisition is part of the company’s strategy to expand its mineral resources, with the Muping Gold Project featuring significant gold reserves. The deal is subject to regulatory approvals and filings.
For further insights into TSE:MJS stock, check out TipRanks’ Stock Analysis page.