McFarlane Lake Mining Limited (CSE: MLM) received exercise instructions for 41,507,200 warrants at C$0.15 per share, generating aggregate proceeds of C$6,226,080. The warrants had a July 12, 2026 expiry set by a prior CSE-approved extension from the company’s September 2025 debenture unit private placement.
The company’s Juby Gold Project hosts 1.01 million ounces of gold in the Indicated category and 3.17 million ounces Inferred, per a September 2025 NI 43-101 estimate.