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 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.
For further insights into TSE:MFG stock, check out TipRanks’ Stock Analysis page.