McFarlane Lake Announces Filing of Amended and Restated LIFE Offering Document

Core Viewpoint - McFarlane Lake Mining Limited has made significant progress in its financing and project development, including the completion of a US$15 million bridge financing and the acquisition of the Juby Project, alongside the announcement of an initial Mineral Resource Estimate for the project [2][4]. Financing and Offerings - The first tranche of the Offering was completed on September 29, 2025, and the second tranche is expected to close around October 9, 2025, pending regulatory approvals [2][3]. - The Offering is conducted under the listed issuer financing exemption as per National Instrument 45-106 [1]. Project Developments - The Juby Project has an Inferred resource of 3.17 million ounces of gold at 0.89 grams per tonne and Indicated resources of 1.01 million ounces of gold at 0.98 grams per tonne, effective as of September 29, 2025 [4]. - A full technical report on the resources will be issued within 45 days of the Mineral Resource Estimate announcement, prepared by BBA E&C Inc., an independent organization [4]. Company Overview - McFarlane Lake Mining is focused on gold exploration and development, particularly the Juby Gold project near Gowganda, Ontario [4]. - The company also holds other properties, including the McMillan Gold Mine and Mongowin gold property, among others [5].