MATHESON, ON, Oct. 28, 2024 /CNW/ - Mayfair Gold Corp. is pleased to announce the appointment of Nicholas Campbell to the position of Vice President of Corporate Development of Mayfair effective October 28, 2024. Mr. Campbell has more than 20 years of experience in the mining, minerals, and metals industry, and has held several leadership positions. Prior to joining Mayfair, Mr. Campbell was Vice President of Capital [...]
Mayfair Gold Corp. announces that, further to its news release on September 25, 2024, the Company has completed a non-brokered private placement of 3,340,000 common shares of the Company at a price of $1.80 per Common Share for aggregate gross proceeds of $6,012,000 . The proceeds raised from the Offering will be used by the Company for permitting and feasibility studies, general and administrative expenses and working [...]
Mayfair Gold Corp. is pleased to announce that it intends to complete a financing of common shares by way of a non-brokered private placement for aggregate proceeds of approximately $6 million, subject to increase at the discretion of the board of directors of the Company . Participation in the Offering will be led by the Company's largest shareholder ) and new investors. Muddy Waters is expected to subscribe for $2.7 [...]
Mayfair Gold Corp. is pleased to report an updated mineral resource estimate at the Company's 100% controlled Fenn-Gib Gold Project, located in the Timmins region of Northeast Ontario. The updated resource estimate incorporates 69 new drill holes for 46,955m of predominantly infill drilling, along with a new lithological model. This updated Mineral Resource will form the basis of the Company's Pre-Feasibility Study which [...]
Mayfair Gold Corp. is pleased to report its operating and financial results for the quarter ended June 30, 2024. Mayfair is focused on the exploration and development of its 100% controlled Fenn-Gib gold project located in the Timmins region of Northeast Ontario . The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at www.mayfairgold.ca or [...]
Mayfair Gold Corp. is pleased to announce that Ms. Christine Hsieh and Mr. Zach Allwright have been appointed as directors of the Company effective June 20, 2024. About Christine Hsieh Christine Hsieh is an international commercial lawyer with 25 years of global practice experience, including 13 years focusing on resources. Ms. Hsieh is currently the Group General Counsel for Promethiem AG. Previously Ms. Hsieh was the [...]
Mayfair Gold Corp. is pleased to announce that Mr. Darren Prins has agreed to join the Company and he will assume the position of Interim Chief Financial Officer and Corporate Secretary of the Company effective July 7, 2024. Mr. Prins is a Chartered Professional Accountant and has been a partner at Invictus Accounting Group LLP since August 2018. He has extensive experience in corporate development, capital markets [...]
MATHESON, ON, June 5, 2024 /CNW/ - Mayfair Gold Corp. today announced the voting results at its Annual General and Special Meeting of shareholders held on June 5, 2024. A total of 85,554,724 common shares were voted, representing 85.04% of the Company's issued and outstanding common shares as at the record date of April 26, 2024. At the Meeting, shareholders elected new members to the board of directors . Shareholders of [...]
Mayfair Gold Corp. announces that it has received notices from all Terminating Employees except Patrick Evans, that they have rescinded their Terminating Notices , will continue their employment relationship with the Company and direct that their respective portions of the Change of Control Payment , totaling approximately $2.47 million, be returned to the Company from trust. Terminating Employees and Change of Control [...]
Mayfair Gold Corp. is pleased to announce that the Supreme Court of British Columbia today has set aside the ex parte order obtained by Muddy Waters Capital LLC and dismissed Muddy Waters' application that the Court grant a new injunction. As previously disclosed by the Company, on May 27, 2024, Muddy Waters obtained the Muddy Waters Order from the Court which restricted the distribution of funds held in trust of [...]
Mayfair Gold Corp. announces that it has received correspondence from all Terminating Employees except Patrick Evans, that they may be willing to rescind their Terminating Notices and direct that their respective portions of the Change of Control Payment , totaling approximately $2.47 million, be returned to the Company if acceptable settlement terms are reached. Terminating Employees and Change of Control Payments As [...]
Mayfair Gold Corp. today published a letter to shareholders from the Independent Chairman of its Board of Directors, Harry Pokrandt. The letter summarizes the recent actions the Company's Board of Directors has taken to protect the Company and its stakeholders over the course of the proxy contest with Muddy Waters Capital LLC , set to culminate at the upcoming Annual General and Special Meeting of Shareholders to be held [...]
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