McFarlane Lake Announces $6.75 Million Investment Led by Strategic Investors – Michael Gentile and Pierre Beaudoin
TORONTO, May 28, 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 a non-brokered private placement financing (the “Offering”) for aggregate gross proceeds of up to approximately $6.75 million, led by a strategic investment from well-known mining investor Michael Gentile, who has agreed to subscribe for up to $6.35 million of the Offering, with
TORONTO, May 28, 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 a non-brokered private placement financing (the “Offering”) for aggregate gross proceeds of up to approximately $6.75 million, led by a strategic investment from well-known mining investor Michael Gentile, who has agreed to subscribe for up to $6.35 million of the Offering, with Pierre Beaudoin, committing to subscribe 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.
Summary aggregated from GlobeNewswire's public RSS feed. The full reporting belongs to GlobeNewswire — please read it on their site.