Majestic Gold Announces a New Board of Directors - Seite 2

He is currently (since November 2009) President, Chief Executive Officer and a director of Central Resources Corp., a junior exploration company focused on precious and base metal exploration in the Americas. The company has acquired options on several mineral properties located in the Dawson Range, Yukon Territory and the Quesnel Trough area of British Columbia.

Additionally, he is a director of Azincourt Uranium Inc., Crazy Horse Resources Inc., TerraX Minerals Inc., Happy Creek Minerals Ltd. and Petro One Energy Corp.

Mr. Reynolds has served as Vice President of Exploration of Northern Freegold Resources Ltd., a Vancouver based junior exploration company focused on precious metals exploration in the Yukon, Canada, since May 2012.

John Campbell

Mr. Campbell has been actively involved in the mining industry since the 1950s. Mr. Campbell has been President of Teslin, a private company engaged in resource investment and management, since its formation in 1965. Through Teslin, Mr. Campbell previously managed the operation of Noranda's Kennedy Lake 2000 ton per day iron mine on Vancouver Island.

Subsequently through Teslin, Mr. Campbell managed Trans America Industries Ltd. ("TSA"), of which Mr. Campbell became President from 1986 to June 2008. During the period, TSA, under a joint venture with a subsidiary of Sherritt Gordon Mines, was involved in the discovery of the Burnt Timber gold deposit in Manitoba, which was subsequently brought to commercial production by Cazador Minerals. TSA acquired the Aguas Blancas iodine deposit in Chile, which it developed through its then 40% subsidiary, Ataccama Minerals, when management was turned over to the Lundin Group, which brought the property to production. In June 2008, TSA, through a merger, became Primary Corp. Ltd. and subsequently Marret Resources Ltd. Mr. Campbell served as a director and chair of the Audit Committee of the merged company until June 2011. He ceased to be a director in June 2012.

Mr. Campbell also served as a director of Envoy Capital Group Inc. from June 30, 2009 to March 2010, when it became Merus Labs International.

Mr. Campbell holds a law degree from the University of British Columbia (1960), and practiced law full time from 1970 to 1985 in the resource and securities field. Mr. Campbell has been a retired member of the British Columbia Law Society since 1987.

Shou Wu (Grant) Chen

Mr. Grant Chen graduated from Jilin University, the People's Republic of China ("PRC") with a bachelor's degree in Mineral Resources Exploration in 1985 and a master's degree of Geological Science in 1988. He has also obtained a master's degree in Business Administration from Richard Ivey Business School of University of Western Ontario in Canada in 2003.