On September 9, 2026, McFarlane Lake Mining Limited completed a bought deal private placement of (i) 23,334,000 flow-through common shares at a price of $0.525 per flow-through share and (ii) 13,158,600 common shares at a price of $0.38 per share, for aggregate gross proceeds of approximately $17.25 million, which included the full exercise of the underwriters’ option.
The offering was led by ATB Cormark Capital Markets, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including Integrity Capital Group Inc. and Canaccord Genuity Corp.
Cassels acted for the underwriters.