Majestic Gold Corp. (MJGCF.PK)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

The unique chemical and physical properties of gold enable it to be utilized in a diverse range of practical applications. Gold, (symbol Au) has an atomic number of 79 i.e. each gold atom has 79 protons in its nucleus. The atomic mass of the gold atom is 196.967 and the atomic radius is 0.1442nm.

The arrangement of outer electrons around the gold nucleus is related to gold's characteristic yellow color. The color of a metal is based on transitions of electrons between energy bands. The conditions for the intense absorption of light at the wavelengths necessary to produce the typical gold color are fulfilled by a transition from the d band to unoccupied positions in the conduction band. Gold's attractive warm color has led to its widespread use in decoration

Majestic Gold Corp. (MJGCF.PK) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.

The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares ("Shares") of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.

The lender is at arm's length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.





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