Toronto, Ontario--(Newsfile Corp. - April 12, 2019) - Effective April 12, 2019, Buckingham Group Limited ("BGL"), a company controlled by Mr. Michael Kraft, sold 5,873,503 common shares (the "Sold Shares") in the capital of the Majesta Minerals Inc. (the "Corporation") in a number of private transactions. The Sold Shares represent approximately 42.21% of the issued and outstanding Common Shares of the Corporation on an undiluted basis and were sold at a price of approximately $0.002479 per Sold Share for total consideration of $145,580 (the "Transactions").
Prior to the Transactions, BGL held 5,873,503 Common Shares and 250,000 Options of the Corporation representing approximately 42.21% of the issued and outstanding Common Shares of the Corporation on an undiluted basis.
Following the Transactions, Mr. Kraft no longer owns any securities of the Corporation.
For further information please contact:
Michael Kraft
Tel: 416.617.7455
Email: mkraft@buckinghamgrp.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44062
