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VANCOUVER, BC, Sept. 16, 2025 /CNW/ - Mayfair Gold Corp. ("Mayfair" or the "Company") (TSXV: MFG) is pleased to announce the closing of its previously announced "best efforts" private placement of 24,244,000 common shares in the capital of the Company (each, a "Common Share") at a price of $1.65 per Common Share (the "Issue Price") for aggregate gross proceeds to the Company of $40,002,600 (the "Offering"). The Offering was completed pursuant to an agency agreement between the Company, and Beacon Securities Limited, as lead agent and sole bookrunner, together with Haywood Securities Inc., Paradigm Capital Inc., BMO Capital Markets, Desjardins Securities Inc. and Red Cloud Securities Inc. (collectively, the "Agents") and included the full exercise of the Agents' option.
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