McFarlane Lake Announces Closing of $6.75 Million Investment Led by Strategic Investors – Michael Gentile and Pierre Beaudoin
TORONTO, June 05, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF, FRA: W2Z) (“McFarlane Lake” or the “Company”), a Canadian gold exploration and development company, is pleased to announce that, further to its press release on May 28, 2026, the Company has closed a non-brokered private placement financing (the “Offering”) for aggregate gross proceeds of $6.75 million. The Offering was led by a strategic investment from well-known mining investor Michael Gentile, w
TORONTO, June 05, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF, FRA: W2Z) (“McFarlane Lake” or the “Company”), a Canadian gold exploration and development company, is pleased to announce that, further to its press release on May 28, 2026, the Company has closed a non-brokered private placement financing (the “Offering”) for aggregate gross proceeds of $6.75 million. The Offering was led by a strategic investment from well-known mining investor Michael Gentile, who subscribed for $6.35 million of the Offering, with Pierre Beaudoin subscribing for the balance. Mr. Beaudoin is a precious metal mining executive with more than 30 years of diversified mining, mineral processing, design, construction and start-up experience.
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