Macquarie Bank Completes CA$10 Million Strategic Investment in Mayfair Gold

MT newswire2026/10/14 21:03

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05:03 PM EDT, 10/14/2026 (MT Newswires) -- Mayfair Gold (MFG.V) said after trade on Wednesday that Macquarie Bank completed a CA$10 million strategic investment in the company, acquiring 2.34 million shares at CA$4.26 each. Proceeds will be used to advance the Fenn-Gib gold project in Ontario. Mayfair previously said it is negotiating an additional CA$300 million project finance facility with Macquarie as lead arranger and underwriter. If completed, the facility would fund most of the CA$450 million initial development capital for Fenn-Gib. The company's shares closed down CA$0.13, to CA$3.34, on the Toronto Stock Exchange.

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