Mayo Lake Minerals & WestMountain Gold Continuing Progress Toward Merger; 1,933,432 oz Au at 2.2g Au/t and 3,194,680 oz Ag at 4.7g Ag/t Mayo Lake Minerals Inc. is pleased to report that further to its release of May 3, 2024, it has closed a subsequent tranche of its ongoing $1.4M private placement consisting of 2,333,334 Common Share Units at $0.06 [...]
Mayo Lake Minerals Inc. is pleased to announce that further to its press releases dated August 17, 2023, March 12, 2024, May 3, 2024 and July 25, 2024, it continues to work towards the completion of its proposed merger with WestMountain Gold Inc. in conjunction with a concurrent financing of $7.5 million±, the net proceeds of which will primarily [...]
Mayo Lake Minerals Inc. is pleased to provide a report on its Annual & Special Meeting held on August 15 at 3790 Carp Road, Carp, Ontario. The Meeting was chaired by Dr. Vern Rampton, President & CEO and attended by directors, officers, staff and shareholders. The Company's shareholders unanimously re-elected Dr. Vern Rampton, Lee Bowles, Jeff [...]
Estimated Terra Gold and Silver Resources Increased To: 880,000 ounces Au and 1,200,000 ounces Ag by narrow vein mining a minimum of 1,933,400 ounces Au and 3,194,700 ounces Ag by bulk mining Unique Alaska - Yukon Merger Mayo Lake Minerals Inc. is pleased to update the market on its proposed merger with WestMountain Gold Inc. . The Merger will [...]
Mayo Lake Minerals Updates Merger Activities; Private Placement Progress; Securities Incentives; Marketing Mayo Lake Minerals Inc. is pleased to report on the progress of its proposed merger with WestMountain Gold, Inc. , as initially described in Mayo's press release of August 17, 2023 and as recently updated on March 12, 2024; the closing of the [...]
703,300 Ounces of High-Grade Gold; Greater than 2,000,000 Ounce Total Resource Mayo Lake Minerals Inc. is pleased to report on the progress of Mayo's and WestMountain Gold Inc.'s merger as described in Mayo's press release of August 17, 2023. The Letter of Intent as described in the press release outlined the proposed terms and conditions of a [...]
703,300 Ounces of High-Grade Gold; Greater than 2,000,000 Ounce Total Resource Amends Terms of Private Placement Closing February Mayo Lake Minerals Inc. is pleased to confirm that Mayo and WestMountain Gold Inc. remain committed to complete their merger as described in Mayo's press release of August 17, 2023. The Letter of Intent as described in [...]
Mayo Lake Minerals Inc. today announced the resignation of Mr. Tyrell Sutherland as a director effective immediately in order to accommodate demands on his time in combination with the Company's planned realignment of its board in contemplation of its merger with WestMountain Gold Inc. as announced on August 17, 2023 [...]
Mayo Lake Minerals Inc. is pleased to announce that it has entered into a non-binding letter of intent dated August 2, 2023 with WestMountain Gold Inc. . The LOI outlines the proposed terms and conditions of a possible transaction pursuant to which Mayo and WestMountain would negotiate to seek to effect a three-cornered amalgamation of a [...]
$1,400,000 Private Placement Term Sheet Dr. Vern Rampton, President & CEO of Mayo Lake Minerals Inc. is pleased to provide the particulars of the Company's 2023 exploration plans on three of its top tier properties situated in the Yukon's Tombstone Gold Belt to be funded by a private placement of up to $1,400,000 . "We see a great opportunity to [...]
Mayo Lake Minerals Inc. is pleased to announce a Private Placement on a 'best efforts' basis consisting of any combination of common share units and flow-through units totaling $1,400,000 with a proposed closing date of on or about May 15 subject to the discretion of the directors. Each CS Unit is comprised of one common share and one-half Common [...]
Mayo Lake Minerals Inc. is pleased to announce a Private Placement of up to 7,000,000 common share units at $0.06 per CS Unit for up to $420,000 in gross proceeds on a 'best efforts' basis with a proposed closing date of on or about March 16th subject to the discretion of the directors. Each CS Unit will be comprised of one common share and one [...]
