Mayfair Gold Commences Trading on the NYSE American Under the Ticker "MINE"

Core Viewpoint - Mayfair Gold Corp. has successfully uplisted its shares to the NYSE American under the ticker symbol "MINE", marking a significant step in its strategy to enhance its U.S. shareholder base and capital market exposure [1][2]. Company Overview - Mayfair Gold is a Canadian gold development stage company focused on advancing the Fenn-Gib Project in the Timmins region of Northern Ontario [4]. - The pre-feasibility study for the Fenn-Gib Project indicates a potential initial development capital requirement of C$450 million, with a base case payback period of 2.7 years and cumulative free cash flow of $896 million over the first six years of production, based on a gold price of US$3,100 per ounce [4]. - The company aims to start construction of the Fenn-Gib Project in 2028, with initial production expected in 2030 [4]. Strategic Developments - The uplisting to the NYSE American is part of Mayfair's strategy to expand its presence in the U.S. market, making it easier for U.S. investors to engage with the company [2][3]. - The CEO of Mayfair expressed that the new ticker "MINE" is fitting for the company as it advances its gold project, emphasizing the importance of this milestone for attracting U.S. investment [3].