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McFarlane Lake Mining announces C$15 million bought-deal private placement of flow-through, hard-dollar shares
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McFarlane Lake Mining announces C$15 million bought-deal private placement of flow-through, hard-dollar shares
  • McFarlane Lake launched a bought-deal private placement targeting gross proceeds of about C$ 15 million.
  • Deal includes 20,953,000 flow-through shares priced at C$ 0.53, raising about C$ 11 million.
  • Also includes 10,527,000 HD shares priced at C$ 0.38, raising about C$ 4 million.
  • Underwriters hold an option for up to 5,921,284 additional HD shares at C$ 0.38 for up to C$ 2.25 million.
  • Flow-through proceeds earmarked for Juby Project exploration in Ontario; HD proceeds allocated to working capital; closing expected around Sept. 9, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McFarlane Lake Mining Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202608191657CANADANWCANADAPR_C6252) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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