On October 1, 2026, Mayfair Gold Corp. entered into a subscription agreement with Macquarie Bank Limited for a $10 million strategic equity investment and an engagement letter and non-binding term sheet for a proposed $300 million project finance facility, representing a total proposed financing package of up to $310 million.
The proposed financing package would support the development of Mayfair Gold’s 100%-owned Fenn-Gib Gold Project in the Timmins region of Northern Ontario. Under the non-binding term sheet, Macquarie would act as mandated lead arranger, agent and sole underwriter of the project finance facility.