Majestic Gold Reports Mid-Year Financial Results: Revenue Up 27.1% Amid Production Changes

Vancouver, British Columbia — August 29, 2025 — Leads & Copy — Majestic Gold Corp. (TSX.V: MJS, FSE: A0BK1D) reported its financial and operational results for the six months ended June 30, 2025. Gold production saw a slight decrease, while revenue and gross profit increased significantly.

Gold production was 15,879 ounces, a 2% decrease over the 16,207 ounces produced for the FY2024 comparative period. Revenue was $42.7 million, a 27.1% increase over the $33.6 million in revenue for the FY2024 comparative period. Gross profit from operations was $22.1 million, a 22.3% increase over the $18.1 million in gross profit for the FY2024 comparative period.

Net income was $10.1 million, a 9.3% decrease over the $11.1 million in net income for the FY2024 comparative period. Cash flow from operating activities was $12 million, a 3.2% increase over the $11.6 million for the FY2024 comparative period. The Company had cash and cash equivalents of $103.5 million (FYE2024 - $100.7 million) and working capital of $64.1 million (FYE2024 - $86.3 million) at June 30, 2025.

Adjusted EBITDA was $22.1 million, compared to $18.9 million for the same period in FY2024. Total cash costs and all-in sustaining costs (“AISC”) were $1,135 per ounce and $1,394 per ounce, compared to $787 per ounce and $957 per ounce for the same period in FY2024. Persistence Resources Group Ltd (HKEX:02489), the Company’s 70.5% owned subsidiary, had a recent closing share price of HKD$1.50 (~CAD$0.27) for a market capitalization of HKD$3.0B (CAD$521.4M)

James Mackie, CFO and Corporate Secretary
Telephone: (604) 560-9060
Email: info@majesticgold.com

Source: Majestic Gold Corp.