Majestic Gold Corp. Announces Withdrawal of Director Nominations

Vancouver, British Columbia — August 27, 2026 — Leads & Copy — Majestic Gold Corp. has announced that Mr. Fan Zhong Kong has withdrawn his advance notice of director nominations. This withdrawal is in connection with the Company's upcoming annual general meeting of shareholders, which is scheduled to take place on September 22, 2026.

The decision follows the Company's prior announcement on August 11, 2026, which detailed the discontinuance of court proceedings between Majestic Gold Corp. and Mr. Kong. The parties have indicated an intention to proceed constructively and continue their collaboration concerning Yantai Zhongjia Mining Co., Ltd.

Majestic Gold Corp. is a junior gold producer currently engaged in commercial gold production. Its operations are located in eastern Shandong Province, China, specifically at the Songjiagou Gold Mines and the Mujin Gold Project.

Further details about the Company and its projects can be found on www.sedarplus.ca and the Company's official website.