Mr. James Mackie reports

MAJESTIC GOLD CORP. GRANTS STOCK OPTIONS

Majestic Gold Corp.'s board of directors has granted 24.7 million stock options to directors, officers, employees and consultants, pursuant to the terms and subject to the conditions of the company's stock option plan.

The stock options were granted on June 30, 2025, with an exercise price of 15 cents per common share and are exercisable for a period of five years from the date of grant. The stock options are subject to a four-month hold period, the terms of the company's 10-per-cent rolling stock option plan and the policies of the TSX Venture Exchange.

About Majestic Gold Corp.

Majestic Gold, a British Columbia-based company, is a low-cost junior gold producer engaged in commercial gold production in eastern Shandong province, China, with mining operations at its Songjiagou gold mines, its flagship project, and the Mujin gold project.