Financing ·
Macquarie acquires 2.35M shares from Mayfair Gold for C$10M to fund Fenn-Gib project
MFGCDMayfair Gold Corp.
Mayfair Gold Corp. completed a strategic investment with Macquarie Bank Limited, which acquired 2,346,701 common shares at C$4.26 per share for gross proceeds of approximately C$10 million. The funds will be used to advance the Fenn-Gib gold project in Ontario. The purchased shares are subject to a four-month and one-day hold period expiring on February 15, 2027. Mayfair Gold is a Canadian development-stage gold company focused on advancing its 100%-owned Fenn-Gib Project in the Timmins region of Northern Ontario.