VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/20/12 -- Majestic Gold Corp. ("Majestic" or the "Company") (TSX VENTURE: MJS) is pleased to announce it has negotiated a non-brokered private placement (the "Offering") of $35,550,000 through the sale of 197,500,000 units ("Units) at the price of $0.18 per Unit.
Each Unit will consist of one
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