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Mayfair Gold Corp. secures C$10 million equity investment and engages Macquarie for a C$300 million project finance facility, totaling C$310 million. This funding will support the development of the Fenn-Gib Gold Project.
Amount Raised
C$10 Million
Round Type
Venture
VancouverInvestors
Description
Mayfair Gold Corp. has entered into a subscription agreement for a C$10 million strategic equity investment and a non-binding term sheet for a proposed C$300 million project finance facility with Macquarie. This financing will support the development of the Fenn-Gib Gold Project in Northern Ontario. Macquarie will serve as Mandated Lead Arranger and Sole Underwriter for the Facility, securing first-ranking security over the Project
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