Business
MAYFAIR ANNOUNCES SHARE CONSOLIDATION AND FILING OF NYSE AMERICAN LISTING APPLICATION
Mayfair Gold Corp. ("Mayfair", "Mayfair Gold" or the "Company") (TSXV: MFG) (OTCQX: MFGCF) is pleased to announce that the Company will consolidate its...
About this update from Mayfair Gold Corp.
[{"type":"text","content":"VANCOUVER, BC, Dec. 15, 2025 /CNW/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold" or the "Company") (TSXV: MFG) (OTCQX: MFGCF) is pleased to announce that the Company will consolidate its common shares at a ratio of two pre-consolidation shares to one post-consolidation share (the "Consolidation"), in support of its pursuit of a listing on the NYSE American Stock Exchange (the "NYSE American"). The Company has applied to list its common shares on the NYSE American, and the Consolidation is intended to ensure that the trading price of the Company's common shares meets the minimum share price required by the NYSE American.","length":688,"tagName":"p"},{"type":"image","alt":"Mayfair Gold Corp Logo (CNW Group/Mayfair Gold Corp.)","displaySize":"","headline":null,"caption":"Mayfair Gold Corp Logo (CNW Group/Mayfair Gold Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":58,"url":"https://media.zenfs.com/en/cnwgroup.com/bd6aa7385cf5030331d9ee72f0119108"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/lNRfSaV66IVS5mWrADyiRA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwMjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/bd6aa7385cf5030331d9ee72f0119108","width":400,"height":58}},"href":"https://mma.prnewswire.com/media/2845189/Mayfair_Gold_Corp__MAYFAIR_ANNOUNCES_SHARE_CONSOLIDATION%C2%A0AND_FIL.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Company currently has 133,595,191 common shares issued and outstanding. Upon completion of the Consolidation, the Company will have approximately 66,797,595 common shares issued and outstanding. Some slight variance is expected due to fractional rounding. Fractional shares will be rounded up to the nearest whole number of common shares. As is customary, to reflect the Consolidation, all outstanding warrants and incentive stock options will be adjusted to increase their exercise price by a factor of two and to reduce the number of common shares issued upon exercise by dividing by two.","length":594,"tagName":"p"},{"type":"text","content":"The Consolidation has been conditionally accepted by the TSX Venture Exchange (the "TSXV") and the Company expects to complete the Consolidation at the close of business on December 17, 2025, such that effective at the open of mark...