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MATHESON, Ontario, June 04, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce that the Supreme Court of British Columbia (the “Court”) today has set aside the ex parte order (the “Muddy Waters Order”) obtained by Muddy Waters Capital LLC (“Muddy Waters”) and dismissed Muddy Waters’ application that the Court grant a new injunction.
MATHESON, Ontario, May 31, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) announces that it has received correspondence from all Terminating Employees (as defined below) except Patrick Evans, that they may be willing to rescind their Terminating Notices (as defined below) and direct that their respective portions of the Change of Control Payment (as defined below), totaling approximately $2.47 million, be returned to the Company if acceptable settlement terms are reached.
Independent Directors Commit to Serve the Interests of All Stakeholders
MATHESON, Ontario, May 30, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that leading independent proxy advisory firm Glass Lewis has issued a report recommending that Mayfair shareholders vote the WHITE Proxy or voting instruction form FOR the management slate and all management resolutions at the upcoming Annual General and Special Meeting of Shareholders to be held on June 5, 2024 (the “Meeting”).
MATHESON, Ontario, May 29, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) provides the following disclosure to supplement its management information circular dated May 6, 2024 (the “Circular”) for the annual general and special meeting of shareholders to be held on June 5, 2024 (the “Meeting”). Shareholders are encouraged to read the Circular, which is available on www.sedarplus.ca, as well as the Investor Resources section of the Company’s website at https://mayfairgold.ca/investor-resources/, in conjunction with this news release.
MATHESON, Ontario, May 28, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today commented on an ex parte order obtained by Muddy Waters Capital LLC (“Muddy Waters”) in the Supreme Court of British Columbia on May 27 restricting the distribution of funds held in trust of approximately $4.0 million representing the aggregate termination payments payable to the Company’s management and employees under their employment agreements in respect of a change of control. The trust arrangement for the change of control payments was described in the Company’s press release dated May 9, 2024. The order was obtained by Muddy Waters without notice to the Company, its employees or directors and without the opportunity for the Company, its employees or directors to be heard before the Court.