Mayfair Gold Secures C$310M Financing from Macquarie for Fenn-Gib Project

Key Facts

1Mayfair Gold entered into an engagement letter and non-binding term sheet with Macquarie Bank for a C$300 million project finance facility.

2The agreement includes a C$10 million strategic equity investment by Macquarie to support the development of the Fenn-Gib Gold Project.

Mayfair Gold entered into an engagement letter and non-binding term sheet with Macquarie Bank for a C$300 million project finance facility. PR Newswire reported that the agreement includes a C$10 million strategic equity investment by Macquarie to support the development of the 100%-owned Fenn-Gib Gold Project located in Northern Ontario.

MINE closed at $2.72 on September 30, 2026, while MQBKY closed at $169.38 on the same date. The financing package is intended to provide a clear path toward project development for the junior miner's primary gold asset.