#Canada #Vancouver #Mayfair Gold #Fenn-Gib

Mayfair Gold Confirms Successful Completion of Share Consolidation

On December 18, 2025, Mayfair Gold Corp., a prominent mining company known for its focus on gold exploration, officially announced the successful consolidation of its shares at a ratio of two pre-consolidated shares for one post-consolidation share. This strategic move is designed to streamline operations and enhance shareholder value, adjusting the total number of shares to 66,797,608 outstanding shares in the market.

This share consolidation comes shortly after the company's prior announcement on December 15, 2025, signaling an essential step for Mayfair Gold as it aims to strengthen its positioning within the mining sector. Trading on the Toronto Stock Exchange Venture (TSXV) opened today on the adjusted basis, setting the stage for new opportunities for both investors and stakeholders alike.

The implications of this successful share consolidation are considerable. Not only does it balance the number of outstanding shares, but all existing warrants and incentive stock options have been proportionally adjusted to reflect the increased exercise price and the reduced number of shares. Such measures are indicative of the company’s commitment to maintaining an equitable and transparent landscape for its stakeholders.

About Mayfair Gold

Founded to explore and develop gold projects, Mayfair Gold is primarily focused on its 100%-owned Fenn-Gib gold project located in Ontario, Canada. This project is strategically positioned just 80 kilometers east of Timmins, a region well-known for its rich gold mining history. The Fenn-Gib project boasts an impressive indicated mineral resource estimated at 181.3 million tons at a grade of 0.74 g/t Au, translating to an estimated 4.3 million contained gold ounces. This robust mineral resource makes Fenn-Gib a remarkable asset in Mayfair's portfolio.

Access to the project site is facilitated by Highway 101, which runs directly through, providing crucial logistical advantages. Utilizing existing infrastructure ensures that operations can be conducted efficiently and cost-effectively, thereby adhering to the company’s strong commitment to sustainability and stakeholder engagement.

Mayfair Gold prides itself on its strategic approach to advancing the Fenn-Gib project. The company implements best practices in safety, environmental stewardship, and community engagement, which underscore its operations and growth strategy. As exploration and development continue at Fenn-Gib, Mayfair aims to uphold high standards of performance and operational integrity.

Future Prospects

As Mayfair Gold moves forward, management remains optimistic. The company is not only focusing on advancing the Fenn-Gib project toward production but also looking to explore potential listings on the NYSE American, which could further enhance its visibility and investor appeal. The success of this share consolidation is anticipated to set a solid foundation for these future endeavors.

It is essential to note that forward-looking statements included in the company’s announcements illustrate the management's expectations regarding growth, performance, and business prospects, taking into account various risk factors inherent in the industry. The mining sector is influenced by many dynamics, including gold price fluctuations, local governmental policies, and environmental considerations, all of which could impact project development and operational success.

In conclusion, Mayfair Gold’s share consolidation is a testament to its strategic vision and commitment towards enriching stakeholder value. The future looks bright as the company gears up for the next phase of its development at the Fenn-Gib project, intending to position itself as a key player in the North American gold mining industry.

For more details about Mayfair Gold and its endeavors, investors and interested parties can refer to the technical reports available on the company's website, providing transparent and thorough assessments of its mineral resources. With a dedicated team and a clear strategy, Mayfair Gold is poised for success in the evolving mining landscape.