Mayfair Gold Corp. today commented on an ex parte order obtained by Muddy Waters Capital LLC in the Supreme Court of British Columbia on May 27 restricting the distribution of funds held in trust of approximately $4.0 million representing the aggregate termination payments payable to the Company's management and employees under their employment agreements in respect of a change of control. The trust arrangement for the [...]
ISS concludes that Muddy Waters "has not articulated any credible path forward" Mayfair Board regrets Muddy Waters' unwillingness to engage constructively MATHESON, Ontario, May 23, 2024 -- Mayfair Gold Corp. today announced that leading independent proxy advisory firm ISS has issued a report recommending that Mayfair shareholders vote the WHITE Proxy or voting instruction form FOR the management slate and all management [...]
Board cautions Shareholders that the Muddy Waters Nominees: Have no board or management experience on Canadian public companies; Have no experience as directors or officers of exploration, development, or producing mining companies; Have no business plan or strategic vision for the Company; Have a track record as activist short sellers associated with value destruction, not long-term growth MATHESON, Ontario, May 09, 2024 [...]
Successful completion of Phase 6 drill program Drill results from Main, Footwall, Deformation, and Contact Zones 2024 environmental field program underway Pre-feasibility study tradeoff studies underway MATHESON, Ontario, May 08, 2024 -- Mayfair Gold Corp. is pleased to announce the safe and successful completion of the Phase 6 resource drill program focused on extending the strike of the Footwall Zone mineralization at [...]
Mayfair Gold Corp. is pleased to announce the appointment of Richard Klue to the position of Vice President Technical Services of Mayfair Gold. Mr. Klue has over 40 years of experience in the mining, minerals, and metals industry, and has held numerous senior leadership positions overseeing global engineering studies, projects, and engineering programs. Most recently, Mr. Klue was Vice President Engineering and Studies at [...]
Mayfair Gold Corp. today announced that it has called an annual general and special meeting of its shareholders to be held on June 5, 2024, in response to a shareholder requisition submitted by MWCGOF SPV III LP, an investment fund controlled by Muddy Waters Capital LLC . On March 27, 2024, Muddy Waters requisitioned an annual general meeting of shareholders for the purpose of reconstituting Mayfair's board of directors [...]
Hole FG24-390 reports 6.12 g/t Au over 14.0 meters Footwall Zone structure extended to approx. 1km strike length, open in all directions Steep dipping mineralization from the surface to below 600 meters Multiple parallel mineralized structures intersected Footwall Zone immediately adjacent to main Fenn-Gib deposit Two drill rigs active at Footwall Zone VANCOUVER, British Columbia, April 16, 2024 -- [...]
Mayfair Gold Corp. today responded to a letter to shareholders released by Muddy Waters Capital LLC on April 2, 2024, confirming that Muddy Waters has requisitioned a meeting of shareholders for the purpose of reconstituting the Company's board of directors . The Company is reviewing the requisition and will respond within the timeframe set out in applicable legislation. In the meantime, there is no need for shareholders [...]
Shareholders holding well over 50% of the outstanding Mayfair shares express support for Muddy Waters Muddy Waters Capital LLC confirms today it has requisitioned a meeting of shareholders of Mayfair Gold Corp. , to be held no later than June 5, 2024, for the purpose of reconstituting the board of directors of Mayfair by removing each of Messrs. Harry Pokrandt, Patrick Evans, Douglas Cater and Christopher Reynolds and [...]
Mayfair Gold Corp. today announced that it has received a shareholder meeting requisition notice pursuant to section 167 of the Business Corporations Act dated March 27, 2024 from MWCGOF SPV III LP , a fund controlled by Muddy Waters Capital LLC . The Requisitioning Shareholder purports to hold in excess of five percent of the issued common shares of the Company. The shareholder meeting is being requisitioned to consider [...]
Mayfair Gold Corp. today announced the start the 2024 environmental field program in support of a potential environmental assessment for the 100% controlled Fenn-Gib project in the Timmins region of Ontario. The program is being managed by a multi-disciplinary group led by Environmental Applications Group Inc. of Sudbury, Ontario. Mayfair's president and CEO, Patrick Evans, commented: "This represents the fourth annual [...]
Mayfair Gold Corp. today announced that the Company's Board of Directors has approved advancing the 100% controlled Fenn-Gib gold project in the Timmins region of Ontario to the pre-feasibility study phase. The Company's pre-feasibility study will build further on the metallurgical, geotechnical, hydrogeology, and environmental evaluations completed to date to develop a clearly defined project description in support of an [...]
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