Majestic Gold Announces Appointment of New President and CEO

Majestic Gold Announces Appointment of New President and CEO

Vancouver, British Columbia – 7. February 2014 – Das Board of Directors von Majestic Gold Corp. (TSX.V: MJS, ESF: A0BK1D) ("Majestic" or the "Company") are known, that Mr. Shaohui Chen was an interim basis with immediate effect as President and Chief Executive Officer of the Company.

Mr. Chen has been 2007 working for the company, currently a director and before that in the role of Chief Financial Officer. Mr. Chen is the CEO of Chinese subsidiary Yantai Zhongjia Mining Co. Ltd. („Zhongjia“). His appointment as CEO of Zhongjia was at the signing of a joint venture for the concession area Songjiagou. Also during the exploration- and development phase of this concession which he held at.

Prior to joining Majestic, Mr. Chen served as president of the Northern China Planning and Design Institute, Ministry of Chemical Industry and can thus rely on more than 30 Reference years of leadership experience in the Chinese mining industry.

The company is also known in this context, that Messrs. Lorne Hunter and Paul Reynolds resign with immediate effect as directors of the Company. The Board of Directors thanks Mr. Hunter and Mr. Reynolds for your service to the company and wish them all the best for their future challenges.

Über Majestic Gold

Majestic Gold Corp. ist ein in Vancouver (British Columbia) based company, the gold mine in the song Jiagou near the Chinese city of Yantai has a gold mining operation. Other projects to increase the company's value in planning. Further information on the Company and its projects can be found on the SEDAR website and on the Company's website at

For more information, contact:

James Mackie, Chief Financial Officer & Corporate Secretary
Phone: (604) 801-9990

Cautionary Note

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For the correctness of the translation is any liability assumed! Please note original English message!


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