Business
McFarlane Lake Announces Termination of Private Placement Offering
Toronto, Ontario--(Newsfile Corp. - March 7, 2023) - McFarlane Lake Mining Limited (NEO: MLM) (OT...
About this update from Mcfarlane Lake Mining Limited
[{"type":"text","content":"McFarlane Lake Announces Termination of Private Placement OfferingToronto, Ontario--(Newsfile Corp. - March 7, 2023) - McFarlane Lake Mining Limited (NEO: MLM) (OTCQB: MLMLF) (\"McFarlane Lake\" or the \"Company\"), a Canadian gold exploration and development company, announces that, further to the Company's press release dated February 17, 2023 announcing the closing of the first tranche of its previously announced non-brokered private placement offering of units and flow-through shares of the Company (the \"Private Placement\"), the Company has decided to terminate the Private Placement and therefore will not be closing further tranches of the Private Placement. About McFarlane Lake MiningMcFarlane Lake is a mineral exploration company focused on the exploration and development of the High Lake mineral property located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property located immediately west of the Ontario-Manitoba border. In addition, McFarlane Lake holds the McMillan and Mongowin mineral properties located 70 km east of Sudbury and owns the Michaud/Munro mineral property 115 km east of Timmins. McFarlane Lake is a \"reporting issuer\" under applicable securities legislation in the provinces of Ontario, British Columbia and Alberta.To learn more, visit: https://mcfarlanelakemining.com/.Additional information on McFarlane Lake can be found by reviewing its profile on SEDAR at www.sedar.com. Cautionary Note Regarding Forward-Looking Information:This news release contains \"forward-looking information\" and \"forward-looking statements\" (collectively, \"forward-looking statements\") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as \"expects\", or \"does not expect\", \"is expected\", \"anticipates\" or \"does not anticipate\", \"plans\", \"budget\", \"scheduled\", \"forecasts\", \"estimates\", \"believes\" or \"intends\" or variations of such words and phrases or stating that certain...