MAYFAIR ANNOUNCES SHARE CONSOLIDATION AND FILING OF NYSE AMERICAN LISTING APPLICATION

VANCOUVER, BC, Dec. 15, 2025 /PRNewswire/ – Mayfair Gold Corp. (“Mayfair“, “Mayfair Gold” or the “Company“) (TSXV: MFG) (OTCQX: MFGCF) is happy to announce that the Corporate will consolidate its familiar stocks at a ratio of 2 pre-consolidation stocks to 1 post-consolidation percentage (the “Consolidation“), in aid of its pursuit of a list at the NYSE American Accumulation Change (the “NYSE American“). The Corporate has carried out to listing its familiar stocks at the NYSE American, and the Consolidation is meant to assure that the buying and selling value of the Corporate’s familiar stocks meets the minimal percentage value required by means of the NYSE American.

The Corporate recently has 133,595,191 familiar stocks issued and remarkable. Upon of completion of the Consolidation, the Corporate could have roughly 66,797,595 familiar stocks issued and remarkable. Some minute variance is predicted because of fractional rounding. Fractional stocks can be rounded as much as the then complete selection of familiar stocks. As is normal, to mirror the Consolidation, all remarkable warrants and incentive store choices can be adjusted to extend their workout value by means of an element of 2 and to let go the selection of familiar stocks issued upon workout by means of dividing by means of two.

The Consolidation has been conditionally authorised by means of the TSX Mission Change (the “TSXV“) and the Corporate expects to finish the Consolidation on the akin of industrial on December 17, 2025, such that efficient on the unmistakable of markets on December 18, 2025, the familiar stocks of the Corporate will start buying and selling on a post-Consolidation foundation.

Holders of familiar stocks of the Corporate who keep uncertificated stocks (this is stocks held in book-entry method and no longer represented by means of a bodily percentage certificates), both as registered holders or recommended homeowners, could have their current book-entry account(s) electronically adjusted by means of the Corporate’s switch agent or, on the subject of recommended shareholders, by means of their brokerage corporations, banks, trusts or alternative nominees that keep in boulevard title for his or her receive advantages. Such holders most often don’t want to speed any supplementary movements to replace their pre-consolidation stocks for post-consolidation stocks.  In case you keep your stocks with the sort of store, dealer or alternative nominee, and you probably have questions on this regard, you’re inspired to touch your nominee.

Registered shareholders conserving percentage certificate can be mailed a letter of transmittal advising of the Consolidation and educating them to give up the percentage certificate representing pre-Consolidation stocks for substitute certificate or a right away registration recommendation representing their post-Consolidation stocks. Till surrendered for change, every percentage certificates previously representing pre-Consolidation stocks can be deemed to constitute the selection of complete post-consolidation stocks to which the holder is entitled on account of the Consolidation.

About Mayfair Gold

Mayfair Gold is concentrated at the development of its 100%-owned Fenn-Gib gold mission in Ontario, Canada. Fenn-Gib is situated 80km east of Timmins. Fenn-Gib hosts a NI 43-101 unmistakable pit constrained indicated mineral useful resource estimate of 181.3 Mt grading 0.74 g/t Au for 4.3 million contained gold oz..¹ Situated within the prolific Timmins gold district out there by means of Freeway 101, which runs all over the mission, Mayfair is concerned with using current get right of entry to and infrastructure to proceed the Fenn-Gib Gold mission to manufacturing with self-discipline and efficacy with a constancy to protection, environmental stewardship and stakeholder engagement.

The clinical and technical content material of this information loose was once reviewed, verified and authorized by means of Drew Anwyll, P.Eng., M.Eng., Important Working Officer of the Corporate, and a Certified Individual as outlined beneath NI 43-101.

Neither the TSX Mission Change nor its Legislation Products and services Supplier (as that promise is outlined within the insurance policies of the TSXV) accepts duty for the adequacy or accuracy of this information loose.

Cautionary Word Relating to Ahead-Taking a look Data

This information loose comprises forward-looking knowledge which displays control’s expectancies in regards to the Corporate’s enlargement, result of operations, efficiency and industry potentialities and alternatives. Ahead-looking statements on this information loose come with, however aren’t restricted to, statements in regards to the implementation of the Consolidation, together with receipt of all required regulatory approvals therefor, the timing for imposing the Consolidation, together with the efficient month and the month the familiar stocks will start buying and selling at the TSXV on a post-Consolidation foundation, the pursuit of the list at the NYSE American, together with, whether or not the list utility can be authorized and such list can be received, mineral useful resource estimates and development of the Fenn-Gib Gold Mission. Ahead-looking knowledge is in response to diverse affordable suppositions together with, with out limitation, the expectancies and ideology of control, that the Consolidation can be finished as expected, that the NYSE American list utility can be authorized and the list can be received, the assumed long-term value of gold, that the Corporate can get right of entry to financing, suitable apparatus and ample labour and that the political state the place the Corporate operates will proceed to aid the advance and operation of mining initiatives. Must underlying suppositions turn out fallacious, or a number of of the dangers and uncertainties described underneath materialize, fresh effects would possibly range materially from the ones described in forward-looking statements.

Ahead-looking knowledge is topic to a lot of dangers and uncertainties which might motive fresh occasions or effects to vary from the ones mirrored within the forward-looking knowledge, together with, with out limitation, dangers and uncertainties in relation to incapacity to acquire regulatory approvals required for the Consolidation, dangers that the Consolidation will not be effected, dangers that the NYSE American list utility will not be authorized and the list no longer received, foreign currency echange fluctuations, dangers inherent in mining together with environmental hazards, business injuries, ordinary or surprising geological formations, field keep watch over issues and overspill, delays or the shortcoming to acquire important governmental allows or financing, dangers related to the estimation of mineral sources and reserves and the geology, grade and endurance of mineral deposits, the likelihood that week exploration, building or mining effects might not be in line with the Corporate’s expectancies, the potential of and results of work disputes or alternative unanticipated difficulties with or shortages of work, failure of plant, apparatus or processes to perform as expected, fresh ore mined various from estimates of grade, tonnage, dilution and metallurgical and alternative traits, the inherent lack of certainty of manufacturing and value estimates and the potential of surprising prices and bills, gold value fluctuations, unsure political and financial environments and adjustments in regulations or insurance policies.

The Corporate undertakes incorrect legal responsibility to publicly replace or evaluate the forward-looking statements whether or not on account of brandnew knowledge, week occasions or another way, alternative than as required beneath appropriate securities regulations. The forward-looking statements mirror control’s ideals, evaluations and projections as of the month of this information loose.

SOURCE Mayfair Gold Corp.