Mayo Lake Minerals Annual & Special Meeting 2021 Report
Ottawa, Ontario--(Newsfile Corp. - September 30, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to provide the results of its Annual & Special Meeting for the 2021 fiscal year held at 110 Westhunt Drive, Unit 2, Carp, Ontario. The Meeting was chaired by Dr. Vern Rampton, President & CEO and attended by its directors, officers, and staff while Covid restrictions limited attendance by shareholders via a telephone conference. There were 92,537,897 shares outstanding...
2022-09-30 1:45 PM EDT
Mayo Lake Minerals Closes Flow Through Private Placement
Ottawa, Ontario--(Newsfile Corp. - August 31, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ('Mayo Lake' or the 'Company') is pleased to report the closing of its previously announced adjunct private placement in the amount of 1,433,340 flow through Units ('FT Units') for a total of $215,001, slightly over the maximum limit of $200,000 originally set by the Company. Each FT Unit was priced at $0.15 and consisted of one common share qualifying as a flow through share under the Income Tax Act...
2022-08-31 8:00 AM EDT
Private Placement of Common and Flow Through Units
Ottawa, Ontario--(Newsfile Corp. - July 22, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo" or the "Company") is pleased to announce a Private Placement ('Offering') totalling up to $200,000 in gross proceeds to be completed on or about August 18, 2022 ('the Closing Date') consisting of flow through units @ $0.15 per unit and common share units @ $0.12 per unit. The full details of the Offering are set forth in the attached Term sheet ('Schedule A'). Dr, Vern Rampton, President & CEO of...
2022-07-22 8:15 AM EDT
Mayo Lake Minerals Completes Drill Program at Carlin-Roop
Ottawa, Ontario--(Newsfile Corp. - July 15, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to announce the completion of its spring drill program at the Carlin West silver discovery on its Carlin-Roop Silver Project (Fig. 1) in the Keno Hill Silver District, Yukon. Diamond Drilling at Carlin-Roop A total of 1,011m of core from 8 diamond drill holes along 300m of strike length on the Carlin West Ag in Soil Anomaly (Fig. 2) was recovered during the spring program....
2022-07-15 8:15 AM EDT
Mayo Lake Minerals Initiates Early Summer Exploration Program
Ottawa, Ontario--(Newsfile Corp. - June 13, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ("Mayo" or the "Company") is pleased to announce the start of its early summer exploration programs beginning on May 25 with prospecting and soil sampling on its Trail-Minto Gold Property followed by a definitive 1,470m diamond drill program to begin this week at its Carlin-Roop Silver Project. At a cost of approximately $900,000, the complete early summer program, which also includes work on its...
2022-06-13 8:25 AM EDT
Mayo Lake Minerals Adds to Drill Targets on Anderson Gold Trend
Ottawa, Ontario--(Newsfile Corp. - May 26, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ('Mayo' or the 'Company') is pleased to report results received on March 18, 2022 for a soil sampling project completed between September 30 and October 5, 2022 on Mayo's Anderson-Davidson property (Figure 1). A total of 381 samples were collected from 376 separate sites. Two significant gold anomalies were well defined; herein termed the Norman Anomalies. One anomaly yielded soils up to 55ppb Au trending...
2022-05-26 8:00 AM EDT
Mayo Lake to Drill Site of Grab Sample Grading 3,994 Grams Silver
Ottawa, Ontario--(Newsfile Corp. - May 6, 2022) - Mayo Lake Minerals Inc. (CSE: MLKM) ('Mayo or the Company') is pleased to announce that it will shortly release its June plans to drill highly prospective targets delineated during its 2021 prospecting and soil sampling program in the Carlin West area of its Carlin-Roop silver project. Carlin-Roop is adjacent to the southern portion of Metallic Minerals' Keno property, Yukon. The results were first released on SEDAR (please see: Mayo Lake...
2022-05-06 8:00 AM EDT
Mayo Lake Announces Closing of Private Placement
Ottawa, Ontario--(Newsfile Corp. - May 4, 2022) - Mayo Lake Minerals Inc. ('Mayo Lake' or the 'Company') is pleased to announce that on May 3rd it closed a private placement consisting of 1,572,637 common share units of the Company ("Units") issued at a price of $0.12 per Unit for gross proceeds of $188,716.44 and 167,000 flow-through units of the Company ("FT Units") issued at a price of $0.18 per FT Unit for a total of $30,060. The Units and FT Units are subject to a statutory hold period...
2022-05-04 4:00 PM EDT
Mayo Lake Minerals to Commence Trading on the CSE on May 5, 2022 Under the Symbol "MLKM"
Ottawa, Ontario--(Newsfile Corp. - April 27, 2022) - Mayo Lake Minerals Inc. ('Mayo Lake' or the 'Company') is pleased to announce that the common shares of the Company will commence trading on the Canadian Securities Exchange effective at the open of business on Thursday, May 5, 2022 under the symbol "MLKM". About Mayo Lake Minerals Inc.: Mayo Lake Minerals Inc. is focussed on the development of five precious metal projects, covering 232 square kilometres in the Tombstone Plutonic Belt of...
2022-04-27 4:02 PM EDT
Mayo Lake Announces High-Grade Keno Hill Style Silver Mineralization at Carlin Roop
Ottawa, Ontario--(Newsfile Corp. - March 21, 2022) - Mayo Lake Minerals Inc. ('Mayo or the Company') is pleased to announce the results of its summer 2021 prospecting and soil sampling program in the Carlin West area of its Carlin Roop silver project bordering on the southern portion of Metallic Minerals' Keno property, Yukon Territory. The results were first released on SEDAR (please see: Mayo Lake Minerals Inc., Technical report, December 15, 2021). Thirteen (13) grab samples1 were...
2022-03-21 12:04 PM EDT
Mayo Lake Announces Closing of Initial Public Offering
Ottawa, Ontario--(Newsfile Corp. - March 15, 2022) - Mayo Lake Minerals Inc. ('Mayo Lake' or the 'Company') is pleased to announce that it has completed the second and final tranche of its initial public offering (the "Offering") pursuant to a prospectus dated December 15, 2021 (the "Prospectus"). Pursuant to the Offering, the Company issued an aggregate of 2,637,033 units of the Company ("Units") issued at a price of $0.12 per Unit (the "Unit Offering Price") for gross proceeds of...
2022-03-15 11:53 AM EDT
Mayo Lake Receives Approval for Initial Public Offering
Ottawa, Ontario--(Newsfile Corp. - December 30, 2021) - Mayo Lake Minerals Inc. ('Mayo Lake' or the 'Company') is pleased to announce that it has completed its initial public offering (the "Offering") pursuant to a prospectus dated December 15, 2021 (the "Prospectus"). Pursuant to the Offering, the Company issued an aggregate of 6,121,034 flow-through units of the Company ("FT Units") issued at a price of $0.15 per FT Unit (the "FT Unit Offering Price") and 2,003,340 units of the Company...
2021-12-30 1:30 PM EST
Mayo Lake Minerals Receives Approval for Initial Public Offering
Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - Mayo Lake Minerals Inc. ('Company') is pleased to report it has filed a final prospectus with the securities regulatory authorities in Ontario, British Columbia, Manitoba, Alberta and the Yukon in connection with a proposed initial public offering of the common shares in the capital of the Company. The Final Prospectus qualifies the distribution ("Offering") of: (i) up to 7,000,000 flow-through units of the Company ("FT Units") to be...
2021-12-16 3:30 PM EST
Mayo Lake Minerals to Close Special Private Placement
Ottawa, Ontario--(Newsfile Corp. - September 6, 2017) - Mayo Lake Minerals Inc. (MLM) announced today that it intends to close its private placement consisting of Units (The Unit Offering) and Flow Through Units (the FT Offering) on September 8, 2017 in advance of pending drill results. The decision of the board of directors is based on the best interest of the Company's current shareholders and those that have already subscribed to the present offering. The offering is being completed based...
2017-09-06 10:53 AM EDT