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MATHESON, ON, Sept. 25, 2024 /CNW/ - Mayfair Gold Corp. (TSXV: MFG) (OTCQB: MFGCF) ("Mayfair" or the "Company") 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 (the "Offering"). Participation in the Offering will be led by the Company's largest shareholder (funds controlled by Muddy Waters Capital LLC ("Muddy Waters")) and new investors. Muddy Waters is expected to subscribe for $2.7 million of the Offering.
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