Majestic Gold (MJS) Corporate presentation summary

Financial and operational performance

• Market capitalization as of August 2025 is approximately CAD $177.3M, with a cash position of USD $103.5M and working capital of USD $64.1M as of June 30, 2025.

• Gross profit for FY2025 H1 was USD $22.1M, with operating cash flow of USD $12M and a strong gross margin of ~52%.

• Total NI 43-101 mineral reserves are ~1.2 Moz and mineral resources are ~3.1 Moz, with average realized gold price in FY2025 Q2 at USD $2,959/oz and cash cost at USD $1,135/oz.

• Dividend of CAD $7.5M (CAD $0.0072/share) declared for October 2025, following a CAD $7.3M dividend in FY2024.

• Four-year financials show consistent profitability, with 2024 revenue at $70.95M and net income at $20.55M.

Capital structure and shareholder returns

• As of September 22, 2025, 1,042,664,381 shares issued, with a share price of CAD $0.165 (TSX-V) and €0.095 (Frankfurt).

• No warrants outstanding and 24.7M options outstanding.

• Dividend payments reflect a commitment to shareholder returns.

Songjiagou Gold Project overview

• Located in Shandong Province, China, with 70.5% (52.875% net) interest, comprising open-pit and underground mines.

• Open-pit mining license expanded to 0.594 km², valid until May 2031; underground license valid until February 2031.

• Phase 2 open-pit expansion completed in Q2 FY2025, targeting deeper and higher-grade resources.

• Probable reserves (June 2023): 872,700 oz (open-pit), 23,700 oz (underground); indicated and inferred resources total over 2.4 Moz.

• Underground mine annual ore production capacity is 90kt, currently mining upper levels at 275 tpd.