Majestic Gold Corp. (MJGCF)

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.

Facts about Gold Consumption and Jewelry Sales:
o 80 percent of gold worldwide is used to make jewelry.
o India is the world's largest consumer of gold jewelry, accounting for 18 percent of global consumption. The United States is the second largest gold jewelry consumer, accounting for 14 percent.
o U.S. gold jewelry sales totaled $17 billion in 2004, accounting for 38 percent of total U.S. jewelry sales ($45 billion).
o Jewelry is the second most popular gift on Valentine's Day after candy. 28 percent of U.S. shoppers said they were buying jewelry as gifts for Valentine's Day this year.
o The eight companies identified as "Leaders" by the No Dirty Gold campaign represent $6.3 billion in jewelry sales, or 14 percent of the U.S. jewelry market.

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.









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