Mayfair Gold shareholders re-elected five directors, reappointed auditors and renewed its 10% rolling omnibus incentive plan at the June 25 AGM. The company granted 475,000 options expiring June 25, 2031 at a five-day VWAP exercise price, aligning management incentives with Fenn-Gib milestones.
At the June 25 Annual General and Special Meeting, shareholders approved the re-election of Darren McLean, Carson Block, Zach Allwright, Sean Pi and Christine Hsieh as directors, re-appointed Davidson & Company LLP as auditors, and re-approved the Company’s 10% rolling omnibus incentive plan.
Mayfair Gold granted an aggregate of 475,000 stock options to officers and employees under the re-approved omnibus plan, exercisable at the five-day volume weighted average trading price on the TSX Venture Exchange on June 25, 2026, with a five-year term expiring June 25, 2031.
Mayfair Gold is advancing its 100%-owned Fenn-Gib Project, which hosts a 4.3 Moz indicated resource (181.3 Mt at 0.74 g/t) and a 1 Moz reserve (25.1 Mt at 1.29 g/t). The 2026 PFS outlines C$450 million initial capex, a 2.7-year payback and US$896 million cumulative free cash flow over the first six years, with construction targeted for 2028 and production in 2030.
