Mr. Rod Husband reports

MAJESTIC GOLD RETAINS HONG KONG BASED INVESTOR RELATIONS FIRM

Majestic Gold Corp. has retained the services of Quam IR, a division of Quam (H.K.) Ltd., to enhance its profile in Asia and introduce the company to potential investors in Asia.

Quam (H.K.) is a Hong Kong-based financial services group comprising seven core businesses namely Quam Securities, Quam Capital, Quam Asset Management, Quam Private Equity, Quam Financial Management, Quamnet.com and Quam IR. Quam IR has an extensive network in Asia, with a strategic presence and affiliations in countries like Japan, Thailand, Dubai and the People's Republic of China. In addition to having access to international markets, Quam IR provides both on-line and off-line services such as on-line IR platforms, interviews, stock quotes, news flash reports, electronic communications to investors, and trade show events to companies to effectively distribute news and updates with considerable impact. In terms of its distribution channels, Quam IR has an impressive wide range of regional financial media channels, websites and institutional access to Bloomberg, Reuters Xtra and Thomason ONE, which enables its news to reach up to 3,500 websites in 70 countries.

The relationship between Majestic and Quam IR is at arm's length, as the latter does not hold or have the right to acquire any shares of Majestic.

Quam IR will be providing its services to Majestic between March 11 and March 26 at an anticipated cost of $7,800. Quam IR will be visiting the company's Song Jiagou project and arranging meetings with media, analysts and potential investors in Hong Kong, coinciding with Mines & Money 2012.

We seek Safe Harbor.