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McFarlane Lake Mining Limited
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News: MLMLF
McFarlane Lake Mining Closes $17.25 Million Bought Deal Private Placement
$15 Million Base Offering Upsized by $2.25 Million on Full Exercise of Option Not for distribution to United States newswire services or for dissemination in the United States TORONTO, Sept. 09, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (CSE: MLM) (FRA: W2Z) (OTCQB: MLMLF) (“McFarlane Lake” or the “Company”) is pleased to announce that it has closed its previously announced $15 million “bought deal” private placement with ATB Cormark Capital Markets, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters consisting of Integrity Capital Group Inc. and Canaccord Genuity Corp. (collectively, the “Underwriters”), consisting of: (i) 23,334,000 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the “FT Shares”), at a price of $0.525 per FT Share (the “FT Offering Price”), for gross proceeds of $12,250,350 and (ii) 13,158,600 common shares of the Company (the “HD Shares”), at a price of $0.38 per HD Share (the “HD Offering Price”), for gross proceeds of $5,000,268, for aggregate gross proceeds to the Company of $17,250,618 (the “Offering”).
McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027
TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF, FRA: W2Z) is pleased to announce that it has obtained the written consent of all debenture holders of its 15.0% Senior Secured Debentures due 2026 (the “Debentures”), of which approximately US$1,695,000 aggregate principal amount remains outstanding, to certain amendments to the trust indenture dated as of September 29, 2025 between the Company and Odyssey Trust Company, as trustee and collateral agent.
McFarlane Increases Gold Mineral Resources on Its Juby Gold Project
59% Increase in Inferred Resources 13% Increase in Indicated Resources Highlights of Latest Mineral Resource Estimate 5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1) Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold New Higher-Grade Gold resources defined at 826 Zone Drilling continues; Environmental Baseline work continues TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (CSE: MLM) (OTCQB: MLMLF) (“McFarlane Lake” or the “Company” or “McFarlane”), a Canadian gold exploration and development company, is pleased to announce an updated Mineral Resource Estimate (“MRE”) on its Juby Gold project (or “Juby”) located approximately 15 kilometres (“km”) west of Gowganda, Ontario, and approximately 90 km west of Temiskaming Shores, Ontario. This MRE has been classified in accordance with CIM Definition Standards on Mineral Resources and Mineral Reserves (CIM, 2014) and follows the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (CIM, 2019).
McFarlane Lake Announces Completion of Strategic Investment in iMetal Resources, Inc.
TORONTO, Aug. 17, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF, FRA: W2Z) is pleased to announce that, further to its press release on August 5, 2026, the Company has completed its strategic investment (the “Strategic Investment”) in iMetal Resources, Inc. (TSXV: IMR, OTCQB: IMRFF, FRANKFURT: A7VA) (“iMetal”), a Canadian-based junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. Pursuant to the Strategic Investment, the Company acquired 14,200,852 units of iMetal (“Units”) at a price of $0.10 per Unit for an aggregate subscription price of $1,420,085. The Company beneficially owns approximately 19.9% of iMetal's issued and outstanding common shares (“iMetal Shares”). The Strategic Investment was completed pursuant to iMetal's previously announced non-brokered private placement consisting of up to 30,000,000 Units at a price of $0.10 per Unit for aggregate gross proceeds of up to $3,000,000.
McFarlane Lake Pays Down Debt
TORONTO, July 28, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF) is pleased to announce that, further to its news release dated July 6, 2026, it has given notice to Odyssey Trust Company (the “Trustee”) and to the holders of the Debentures (the “Debentureholders”) of the partial redemption of US$10,960,534 of the remaining US$12,655,531 aggregate principal amount of 15% senior secured debentures maturing October 26, 2026 (the “Debentures”), leaving approximately US$1,695,000 remaining outstanding. The effective date of the redemption is expected to be Friday, July 31, 2026 (the “Redemption Date”).
McFarlane Lake Announces C$6.2 Million in Warrant Exercises
TORONTO, July 06, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF, FRA: W2Z) is pleased to announce that it has received exercise instructions from holders of an aggregate of 41,507,200 common share purchase warrants (the “Warrants”) at an exercise price of C$0.15 per Warrant, which are expected to result in aggregate exercise funds of C$6,226,080 (the “Exercise Process”). Upon completion of the Exercise Process and receipt of the applicable exercise funds, the Company expects to issue an aggregate of 41,507,200 common shares (the “Shares”) in respect of the exercised Warrants.
CEO.CA Insights: Exclusive Interviews from THE Mining Investment Event 2026
Toronto, Ontario--(Newsfile Corp. - June 25, 2026) - CEO.CA, the leading investor social network in junior resource and venture stocks,