Mayfair Gold Launches $6M Private Placement

Mayfair Gold (TSE:MFG) has released an update.

Mayfair Gold Corp. has announced a non-brokered private placement aiming to raise $6 million, with prominent backing from its major shareholder Muddy Waters Capital LLC. The offering, priced at $1.80 per share, will fund the company’s key projects, including permitting and feasibility studies. This move highlights Mayfair’s strategic efforts to advance its flagship Fenn-Gib gold project in Northern Ontario.

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