Majestic Gold Corp. Announces 2025 Q2 Results with Revenue of US$42.7 Million

(TheNewswire)

Vancouver, British Columbia – TheNewswire - August 29, 2025 - Majestic GoldCorp. (“Majestic” or the “Company”)(TSX.V: MJS, FSE: A0BK1D) announces its financial and operational results for the six monthsended June 30, 2025. The following financial results are expressed inUS dollars unless otherwise stated.

FINANCIAL AND OPERATIONALHIGHLIGHTS

Six months endedJune 30, 2025

• Goldproduction was 15,879 ounces, a 2% decrease overthe 16,207 ounces produced for the FY2024 comparative period;

• Revenue was $42.7 million, a 27.1% increaseover the $33.6 million in revenue for the FY2024 comparativeperiod;

• Grossprofit from operations was $22.1 million, a 22.3%increase over the $18.1 million in gross profit for the FY2024comparative period;

• Netincome was $10.1 million, a 9.3% decrease overthe $11.1 million in net income for the FY2024 comparativeperiod

• Cash flow fromoperating activities was $12 million, a 3.2%increase over the $11.6 million for the FY2024 comparativeperiod;

• Strong financialposition at June 30, 2025. The Company had cashand cash equivalents of $103.5 million (FYE2024 - $100.7 million) andworking capital of $64.1 million (FYE2024 - $86.3 million);

• AdjustedEBITDA was $22.1 million, compared to $18.9million for the same period in FY2024. For EBITDA computation details,refer to pages 18-20 of the MDA for this Non-IFRS financialmeasure;

• Total cash costsand all-in sustaining costs (“AISC”) were $1,135 per ounce and $1,394per ounce, compared to $787 per ounce and $957 per ounce for the sameperiod in FY2024. For AISC computation details, refer to pages 18-20of the MDA for this Non-IFRS financial measure; and

• PersistenceResources Group Ltd (HKEX:02489), theCompany’s 70.5% owned subsidiary, had a recent closing share priceof HKD$1.50 (~CAD$0.27) for a market capitalization of HKD$3.0B(CAD$521.4M)

SELECTED QUARTERLY AND FULL YEAR FINANCIAL AND OPERATINGRESULTS

1. (1) See “Additional FinancialMeasures” in the Company’s MDA on pages 18-20.

2. (2) “Gross profit” representstotal revenues, net of cost of goods sold.

This release should be read in conjunction with theCompany’s audited consolidated financial statements for the yearsended December 31, 2024 and associated Management Discussion andAnalysis (“MD&A”) which are available on SEDAR www.sedarplus.c a and on the Company’s website www.majesticgold.com .

About Majestic Gold

Majestic Gold Corp., aBritish Columbia based company, is a low-cost junior gold producerengaged in commercial gold production in eastern Shandong Province,China, with mining operations at its Songjiagou Gold Mines, itsflagship project, and the Mujin Gold Project. Additional informationon the Company and its projects is available at www.sedarplus.ca and on theCompany’s website at www.majesticgold.com .

For further information, pleasecontact:

James Mackie, CFO and CorporateSecretary

Telephone: (604) 560-9060

Email: info@majesticgold.com

Website: www.majesticgold.com

Cautionary Notes

Certain statements contained hereinmay constitute forward?looking statements and are made pursuant tothe "safe harbor" provisions of the United States PrivateSecurities Litigation Reform Act of 1995 and Canadian securities laws.Forward?looking statements are statements which relate to futureevents. Such statements include estimates, forecasts, and statementsas to management's expectations with respect to, among otherthings, business and financial prospects, financial multiples andaccretion estimates, future trends, plans, strategies, objectives, andexpectations, including with respect to production, explorationdrilling, reserves and resources, exploitation activities and eventsor future operations. Information inferred from the interpretation ofdrilling results and information concerning mineral resource estimatesmay also be deemed to be forward-looking statements, as it constitutesa prediction of what might be found to be present when, and if, aproject is actually developed.

In some cases, you can identifyforward?looking statements by terminology such as "may","should", "expects", "plans,"anticipates", believes", "estimates","predicts", "potential", or "continue"or the negative of these terms or other comparable terminology. Thesestatements are only predictions and involve known and unknown risks,uncertainties and other factors that may cause our or ourindustry's actual results, level of activity, performance, orachievements to be materially different from any future results,levels of activity, performance, or achievements expressed or impliedby these forward?looking statements.

While these forward?lookingstatements, and any assumptions upon which they are based, are made ingood faith, and reflect our current judgment regarding the directionof our business, actual results will almost always vary, sometimesmaterially, from any estimates, predictions, projections, assumptions,or other future performance suggestions herein. Except as required byapplicable law, Majestic Gold does not intend to update anyforward?looking statements to conform these statements to actualresults

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