Mayfair Gold (TSE:MFG) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Mayfair Gold Corp. has successfully closed a $6 million private placement, issuing over 3 million common shares to fund its operations, including permitting and feasibility studies. Notably, insiders participated significantly, with Muddy Waters Capital LLC and affiliates contributing a major portion of the investment. This move highlights the company’s strategic efforts to advance its mineral exploration projects in Northern Ontario.
For further insights into TSE:MFG stock, check out TipRanks’ Stock Analysis page.