MCFARLANE AMENDS C$12.5 MILLION PRIVATE PLACEMENT IN CONNECTION WITH ITS ACQUISITION OF THE JUBY GOLD PROJECT TORONTO, ON / ACCESS Newswire / September 22, 2025 / McFarlane Lake Mining Limited (CSE:MLM)(OTCQB:MLMLF) ("McFarlane Lake" or the "Company"), a Canadian gold exploration and development company,is pleased to announce the signing of a binding agreement (the "Agreement") with Total Metals Corp. ("Total Metals") for the sale of the Company's 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. The total consideration is valued at approximately C$9.25 million, payable as outlined below. Mark Trevisiol, CEO and Chairman of McFarlane Lake, commented: "The sale reflects our strategic focus on the proposed acquisition of the Juby Gold Project.
McFarlane Lake Receives Offer to Purchase Its High Lake and West Hawk Lake Gold Properties from Total Metals