{"success":true,"data":{"pressRelease":{"id":"169557","rtpr_id":"nNFCbDrsns-20261014","ticker":"MINE","exchange":"NYSE American","all_tickers":["MINE","MFG"],"title":"Mayfair Completes Strategic Investment with Macquarie","author":"Newsfile Corp","published_at":"2026-10-14T20:30:18.774Z","article_body":"Toronto, Ontario--(Newsfile Corp. - October 14, 2026) - Mayfair Gold\nCorp. (TSXV: MFG) (NYSE American: MINE) (\"Mayfair\" or the \"Company\") is\npleased to announce that it has completed its previously announced strategic\ninvestment with Macquarie Bank Limited (\"Macquarie\").\n\nMacquarie acquired 2,346,701 common shares of the Company (the \"Shares\") at a\nprice of C$4.26 per Share for gross proceeds of approximately C$10,000,000.\nThe Company expects to use these proceeds towards advancing the Fenn-Gib gold\nproject in Ontario. The Shares are subject to a 4-month and one day \"hold\nperiod\" as prescribed by applicable securities laws, expiring on February 15,\n2027.\n\nAbout Mayfair Gold\n\nMayfair Gold is a Canadian development-stage gold company focused on advancing\nthe 100%-owned Fenn-Gib Project in the Timmins region of Northern Ontario.\nFenn-Gib hosts a 4.3-million-ounce indicated mineral resource of gold (181.3Mt\nat an average grade of 0.74 g/t) and the expected strategy outlined in the\n2026 Pre-Feasibility Study (the \"PFS\")(1) is to develop the Project under the\nprovincial permitting process, targeting the higher-grade 1-million-ounce\nprobable mineral reserve (25.1Mt at an average grade of 1.29g/t) sitting\nnear-surface, highlighting the optionality and scalability provided by the\ndeposit. The PFS also outlines the potential to develop Fenn-Gib into a new\nCanadian gold producer, with initial development capital of C$450 million, a\nbase-case payback period of 2.7 years, and cumulative free cash flow(2) of\nUS$896 million over the first six years of production based on a US$3,100/oz\ngold price. The Company is advancing permitting activities, detailed\nengineering, and stakeholder engagement with the goal of starting construction\nin 2028 with initial production in 2030. The Company also remains focused on\nexploration around the broader land package with the goal of enhancing mineral\nresource scale and growth opportunities.\n\nCautionary Note Regarding Forward-Looking Information\n\nThis news release contains certain forward-looking information within the\nmeaning of applicable Canadian securities legislation and forward-looking\nstatements within the meaning of applicable United States securities\nlegislation (collectively, \"forward-looking information\"). The use of the\nwords \"will\" and \"expected\" and similar expressions is intended to identify\nforward-looking information. Forward-looking information in this news release\nincludes, but is not limited to, all disclosure related to the PFS, including\nexpected commencement of construction and production. Although Mayfair Gold\nbelieves that the expectations reflected in such forward-looking information\nis reasonable, readers are cautioned that actual results may vary from the\nforward-looking information. The Company has based the forward-looking\ninformation on the Company's current expectations and assumptions about future\nevents. This information also involves known and unknown risks, uncertainties,\nand other factors that may cause actual results or events to differ materially\nfrom those anticipated in such forward-looking information, including the\nrisks, uncertainties, and other factors identified in the annual information\nform and Form 40-F of the Company for the year ended December 31, 2025,\navailable under the Company's profiles on SEDAR+ at www.sedarplus.ca and EDGAR\nat www.sec.gov, respectively. Furthermore, the forward-looking information\ncontained in this news release is as at the date of this news release, and\nMayfair does not undertake any obligation to publicly update or revise any of\nthis forward-looking information except as may be required by applicable\nsecurities laws.\n\nNeither the TSX Venture Exchange (\"TSXV\") nor its Regulation Services Provider\n(as that term is defined in the policies of the TSXV) accepts responsibility\nfor the adequacy or accuracy of this news release.\n\nFor further information, please visit www.mayfairgold.ca or direct enquiries\nto:\n\nDrew Anwyll, P.Eng.\nCEO, Mayfair Gold Corp.\n2770 Plymouth Dr – Suite 101\nOakville, ON L6H 6Y4 Canada\n+1 (855) 350-5600\ninfo@mayfairgold.ca\n\n(1) Please refer to the technical report entitled \"Fenn-Gib Gold Project NI\n43-101 Technical Report and pre-Feasibility Study\" dated effective December\n19, 2025 available on SEDAR+ at www.sedarplus.ca for further details.\n(2) Free cash flow does not have a standardized meaning and may not be\ncomparable to similar measures presented by other issuers, referred to as\nnon-GAAP financial measures. As the Corporation is not in production, the\nCorporation does not have historical non-GAAP financial measures nor\nhistorical comparable measures under IFRS, and therefore the foregoing\nprospective non-GAAP financial measures may not be reconciled to the nearest\ncomparable measures under IFRS.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/318864","article_body_html":"","raw_payload":{"data":{"id":"nNFCbDrsns-20261014","title":"Mayfair Completes Strategic Investment with Macquarie","author":"Newsfile Corp","ticker":"MINE","created":"2026-10-14T20:30:18.774Z","tickers":["MINE","MFG"],"exchange":"NYSE American","article_body":"Toronto, Ontario--(Newsfile Corp. - October 14, 2026) - Mayfair Gold\nCorp. (TSXV: MFG) (NYSE American: MINE) (\"Mayfair\" or the \"Company\") is\npleased to announce that it has completed its previously announced strategic\ninvestment with Macquarie Bank Limited (\"Macquarie\").\n\nMacquarie acquired 2,346,701 common shares of the Company (the \"Shares\") at a\nprice of C$4.26 per Share for gross proceeds of approximately C$10,000,000.\nThe Company expects to use these proceeds towards advancing the Fenn-Gib gold\nproject in Ontario. The Shares are subject to a 4-month and one day \"hold\nperiod\" as prescribed by applicable securities laws, expiring on February 15,\n2027.\n\nAbout Mayfair Gold\n\nMayfair Gold is a Canadian development-stage gold company focused on advancing\nthe 100%-owned Fenn-Gib Project in the Timmins region of Northern Ontario.\nFenn-Gib hosts a 4.3-million-ounce indicated mineral resource of gold (181.3Mt\nat an average grade of 0.74 g/t) and the expected strategy outlined in the\n2026 Pre-Feasibility Study (the \"PFS\")(1) is to develop the Project under the\nprovincial permitting process, targeting the higher-grade 1-million-ounce\nprobable mineral reserve (25.1Mt at an average grade of 1.29g/t) sitting\nnear-surface, highlighting the optionality and scalability provided by the\ndeposit. The PFS also outlines the potential to develop Fenn-Gib into a new\nCanadian gold producer, with initial development capital of C$450 million, a\nbase-case payback period of 2.7 years, and cumulative free cash flow(2) of\nUS$896 million over the first six years of production based on a US$3,100/oz\ngold price. The Company is advancing permitting activities, detailed\nengineering, and stakeholder engagement with the goal of starting construction\nin 2028 with initial production in 2030. The Company also remains focused on\nexploration around the broader land package with the goal of enhancing mineral\nresource scale and growth opportunities.\n\nCautionary Note Regarding Forward-Looking Information\n\nThis news release contains certain forward-looking information within the\nmeaning of applicable Canadian securities legislation and forward-looking\nstatements within the meaning of applicable United States securities\nlegislation (collectively, \"forward-looking information\"). The use of the\nwords \"will\" and \"expected\" and similar expressions is intended to identify\nforward-looking information. Forward-looking information in this news release\nincludes, but is not limited to, all disclosure related to the PFS, including\nexpected commencement of construction and production. Although Mayfair Gold\nbelieves that the expectations reflected in such forward-looking information\nis reasonable, readers are cautioned that actual results may vary from the\nforward-looking information. The Company has based the forward-looking\ninformation on the Company's current expectations and assumptions about future\nevents. This information also involves known and unknown risks, uncertainties,\nand other factors that may cause actual results or events to differ materially\nfrom those anticipated in such forward-looking information, including the\nrisks, uncertainties, and other factors identified in the annual information\nform and Form 40-F of the Company for the year ended December 31, 2025,\navailable under the Company's profiles on SEDAR+ at www.sedarplus.ca and EDGAR\nat www.sec.gov, respectively. Furthermore, the forward-looking information\ncontained in this news release is as at the date of this news release, and\nMayfair does not undertake any obligation to publicly update or revise any of\nthis forward-looking information except as may be required by applicable\nsecurities laws.\n\nNeither the TSX Venture Exchange (\"TSXV\") nor its Regulation Services Provider\n(as that term is defined in the policies of the TSXV) accepts responsibility\nfor the adequacy or accuracy of this news release.\n\nFor further information, please visit www.mayfairgold.ca or direct enquiries\nto:\n\nDrew Anwyll, P.Eng.\nCEO, Mayfair Gold Corp.\n2770 Plymouth Dr – Suite 101\nOakville, ON L6H 6Y4 Canada\n+1 (855) 350-5600\ninfo@mayfairgold.ca\n\n(1) Please refer to the technical report entitled \"Fenn-Gib Gold Project NI\n43-101 Technical Report and pre-Feasibility Study\" dated effective December\n19, 2025 available on SEDAR+ at www.sedarplus.ca for further details.\n(2) Free cash flow does not have a standardized meaning and may not be\ncomparable to similar measures presented by other issuers, referred to as\nnon-GAAP financial measures. As the Corporation is not in production, the\nCorporation does not have historical non-GAAP financial measures nor\nhistorical comparable measures under IFRS, and therefore the foregoing\nprospective non-GAAP financial measures may not be reconciled to the nearest\ncomparable measures under IFRS.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/318864"},"type":"article","timestamp":"2026-10-14T20:30:18.823479782Z","server_sent_at_ms":1792009818823},"received_at":"2026-10-14T20:30:18.873Z","source_url":"https://www.newsfilecorp.com/release/318864"},"analysis":{"id":"157790","press_release_id":"169557","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"offering","narrative":"Mayfair Gold completed its previously announced strategic investment with Macquarie Bank, which acquired 2,346,701 shares at C$4.26 for gross proceeds of approximately C$10 million.\n\nProceeds will fund advancement of the 100%-owned Fenn-Gib gold project near Timmins, Ontario, which hosts a 4.3-million-ounce indicated resource and a 1-million-ounce near-surface probable reserve.\n\nThe shares are subject to a four-month hold period expiring February 15, 2027; Mayfair targets construction start in 2028 and initial production in 2030.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Macquarie's C$10M strategic stake de-risks Fenn-Gib funding path ahead of permitting and 2028 construction decision."},"keyFigures":{"dealValueUsd":"C$10,000,000","offeringPrice":"C$4.26","sharesOffered":2346701,"customDimensions":{"pfs_six_year_fcf":"US$896 million","probable_reserve":"1 million ounces (25.1Mt at 1.29 g/t)","pfs_payback_years":2.7,"hold_period_expiry":"February 15, 2027","fenn_gib_indicated_resource":"4.3 million ounces gold (181.3Mt at 0.74 g/t)","initial_development_capital":"C$450 million"}},"namedEntities":{"people":[{"name":"Drew Anwyll","role":"CEO"}],"products":["Fenn-Gib gold project"],"companies":[{"name":"Mayfair Gold Corp.","ticker":"MINE","relationship":"issuer"},{"name":"Macquarie Bank Limited","relationship":"strategic investor"}],"dollarAmounts":[{"amount":"C$10,000,000","context":"gross proceeds of strategic investment"},{"amount":"C$4.26","context":"price per share"},{"amount":"C$450 million","context":"PFS initial development capital"},{"amount":"US$896 million","context":"PFS cumulative free cash flow over first six years"}]},"materialImpact":{"score":3,"reasoning":"Completed C$10 million strategic investment from Macquarie at C$4.26/share funds advancement of the Fenn-Gib gold project. Meaningful for a development-stage junior, but small in absolute terms and not dilution at distressed pricing."},"tickerRelevance":{"others":[{"ticker":"MFG","relevance":"TSXV listing of same issuer"}],"primary":"MINE"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap junior miner","eventGravity":"strategic investment completion, C$10M","sectorWeight":"gold development-stage","marketCapAdjustment":"meaningful relative to junior cap"}},"event_type":"offering","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Mayfair Gold completed its previously announced strategic investment with Macquarie Bank, which acquired 2,346,701 shares at C$4.26 for gross proceeds of approximately C$10 million.\n\nProceeds will fund advancement of the 100%-owned Fenn-Gib gold project near Timmins, Ontario, which hosts a 4.3-million-ounce indicated resource and a 1-million-ounce near-surface probable reserve.\n\nThe shares are subject to a four-month hold period expiring February 15, 2027; Mayfair targets construction start in 2028 and initial production in 2030.","key_figures":{"dealValueUsd":"C$10,000,000","offeringPrice":"C$4.26","sharesOffered":2346701,"customDimensions":{"pfs_six_year_fcf":"US$896 million","probable_reserve":"1 million ounces (25.1Mt at 1.29 g/t)","pfs_payback_years":2.7,"hold_period_expiry":"February 15, 2027","fenn_gib_indicated_resource":"4.3 million ounces gold (181.3Mt at 0.74 g/t)","initial_development_capital":"C$450 million"}},"named_entities":{"people":[{"name":"Drew Anwyll","role":"CEO"}],"products":["Fenn-Gib gold project"],"companies":[{"name":"Mayfair Gold Corp.","ticker":"MINE","relationship":"issuer"},{"name":"Macquarie Bank Limited","relationship":"strategic investor"}],"dollarAmounts":[{"amount":"C$10,000,000","context":"gross proceeds of strategic investment"},{"amount":"C$4.26","context":"price per share"},{"amount":"C$450 million","context":"PFS initial development capital"},{"amount":"US$896 million","context":"PFS cumulative free cash flow over first six years"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T20:30:23.800Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"small-cap junior miner","eventGravity":"strategic investment completion, C$10M","sectorWeight":"gold development-stage","marketCapAdjustment":"meaningful relative to junior cap"}},"durationMs":4916,"modelName":"glm-5.3-flashx"}}