Business
Mayfair Acquisition Corp. Announces Resumption of Trading on TSX Venture Exchange, Appointment of New Director and Proposed Share Consolidation
VANCOUVER, BC / ACCESS Newswire / January 8, 2026 / Mayfair Acquisition Corp. (TSXV:MFA.P) (...
About this update from Mayfair Acquisition Corp.
[{"type":"text","content":"Mayfair Acquisition Corp. Announces Resumption of Trading on TSX Venture Exchange, Appointment of New Director and Proposed Share ConsolidationVANCOUVER, BC / ACCESS Newswire / January 8, 2026 / Mayfair Acquisition Corp. (TSXV:MFA.P) (\"Mayfair\" or the \"Company\") announces that trading of its common shares on the TSX Venture Exchange (the \"TSXV\") will resume effective at the open of market on the date which is two business days following issuance of the TSXV bulletin therefor.The Board of Directors of the Company (the \"Board\") has recommended and authorized, subject to TSXV acceptance, a consolidation of the Company's outstanding common shares on the basis of five (5) pre-consolidation common shares for one (1) post-consolidation common share (the \"Consolidation\"). The effective date and further details of the Consolidation will be disclosed in a subsequent news release following receipt of all requisite approvals.As disclosed in the Company's news release dated December 23, 2024, Bart Kelleher resigned as a director of the Company for personal reasons. The Company's last annual general meeting (\"AGM\") was held on February 8, 2024 and a 2025 annual general meeting date for September 30, 2025 had initially been set; however, due to the inability to find a third director nominee to the Board at the time, the Company made the decision to delay holding an AGM until a suitable third director nominee could be found. In addition, due to the Board being comprised of only two members following Mr. Kelleher's resignation, the composition of the Board and the Company's audit committee do not currently comply with the independence and audit committee composition requirements under the policies of the TSXV.Subject to TSXV acceptance, the Company proposes to appoint Mark Tommasi as a member of the Board to fill the vacancy left by Mr. Kelleher's resignation. Mr. Tommasi is a capital markets consultant and the CEO of Mountain Top Advisory Services, President of Canary Gold Corp. and serves as a Director of Ironman International Ltd., and KUA Investments Inc. Mr. Tommasi brings over 30 years of experience in capital markets, corporate development, and advisory services. The Company intends to call an AGM as soon as practicable and in any event within 90 days following the date hereof once the requisite TSXV acceptance is obtained for...