MFG | Jotup

Mayfair Gold Announces that Certain Employees May Withdraw Notices of Termination under Change of Control to Continue Employment with the Company

Retrieved on:

Venerdì, Maggio 31, 2024

Employment, Supreme court, News, CFO, Change, Technical report, Divergence (computer science), Telephone, National instrument, Report, National Instrument 43-101, Circular, Meeting, MFG, Proxy, Control, Vexatious litigation

As previously disclosed by the Company, on May 1, 2024, Patrick Evans (CEO), Justin Byrd (CFO), Howard Bird (VP Exploration) and certain other employees (the “Terminating Employees”) delivered notices (the “Terminating Notices”) to the board of directors of the Company (the “Board”) terminating their respective employment agreements pursuant to change of control provisions in their respective employment agreements.

Key Points:

As previously disclosed by the Company, on May 1, 2024, Patrick Evans (CEO), Justin Byrd (CFO), Howard Bird (VP Exploration) and certain other employees (the “Terminating Employees”) delivered notices (the “Terminating Notices”) to the board of directors of the Company (the “Board”) terminating their respective employment agreements pursuant to change of control provisions in their respective employment agreements.
Pursuant to the Settlement Agreement, the Company delivered approximately $4.0 million (the “Change of Control Payment”) into trust until completion of the Meeting.
Such settlement terms include a release and waiver from the Company in favour of such Terminating Employees.
There is no assurance a settlement will be reached between the parties, that any of the Terminating Employees will rescind their Terminating Notices or that any portion of the Change of Control Payment will be returned to the Company.

Mayfair Gold Chair Letter to Shareholders Ahead of Crucial Vote

Retrieved on:

Venerdì, Maggio 31, 2024

Muddy Waters, Employment, Shareholder, Special, AAN, ISS, Letter, Pacific Ocean, First Nations, Glass Lewis, MFG, Environment, Motivation, Disclosure, Independent, Management

MATHESON, Ontario, May 31, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today published a letter to shareholders from the Independent Chairman of its Board of Directors, Harry Pokrandt.

Key Points:

MATHESON, Ontario, May 31, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today published a letter to shareholders from the Independent Chairman of its Board of Directors, Harry Pokrandt.
We have now reached the final days before you must make a decision on the future of your company.
We have striven for full transparency in our disclosure materials so that shareholders have complete information about the implications of their vote.
Both firms issued reports recommending that shareholders vote for the management resolutions in their entirety, and against all Muddy Waters resolutions.

Leading Proxy Advisory Firm Glass Lewis Recommends that Mayfair Gold Shareholders Vote FOR All Company Nominees

Retrieved on:

Giovedì, Maggio 30, 2024

Muddy Waters, Shareholder, Special, News, Technical report, ISS, Mining, Telephone, National instrument, National Instrument 43-101, Technical, Glass Lewis, Meeting, MFG, Proxy, TSR, Disclosure, Management

Glass Lewis becomes the second proxy advisory firm to recommend in favour of all management resolutions, following a similar report issued last week by ISS.

Key Points:

Glass Lewis becomes the second proxy advisory firm to recommend in favour of all management resolutions, following a similar report issued last week by ISS.
Glass Lewis recommends that shareholders vote FOR each of Mayfair’s highly qualified director nominees: Harry Pokrandt, Patrick Evans, Christopher Reynolds and Douglas Cater, and AGAINST all proposals and nominees put forward by Muddy Waters Capital LLC (“Muddy Waters”).
This is now the second independent advisory firm that has explicitly called out Muddy Waters’ failure to make its case for removing the current board.
Muddy Waters offered no response to the first report, and we can presume they will remain silent about this latest one from Glass Lewis.

Mayfair Gold Supplements Disclosure Contained in Management Information Circular

Retrieved on:

Mercoledì, Maggio 29, 2024

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”).

Key Points:

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”).
In March 2020, Mayfair entered into an agreement to acquire the Fenn-Gib gold project in the Timmins region of Ontario.
Over the past year, the Company is among the top-performing gold stocks among Canadian gold mining exploration and development companies.
1 The share price data included in this news release for the Company and its peer group is based on the information provided in the Circular.

Mayfair Gold: Muddy Waters’ Lawsuit is Wholly Without Merit

Retrieved on:

Martedì, Maggio 28, 2024

Muddy Waters, Employment, Supreme court, News, Technical report, Telephone, National instrument, Report, National Instrument 43-101, Meeting, MFG, Court, Proxy, Cryptocurrency

The trust arrangement for the change of control payments was described in the Company’s press release dated May 9, 2024.

Key Points:

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.
After reviewing the order with legal counsel, the Company is of the view that the basis for the order is wholly without merit.
The Company, its directors and employees will vigorously challenge the order and defend themselves against Muddy Waters’ litigation.

Leading Proxy Advisory Firm ISS Recommends that Mayfair Gold Shareholders Vote FOR All Company Nominees

Retrieved on:

Giovedì, Maggio 23, 2024

Muddy Waters, Venture, Shareholder, Special, News, Technical report, ISS, Telephone, National instrument, AGM, Carson Block, National Instrument 43-101, IPO, Technical, Meeting, MFG, Proxy, TSR, Security (finance)

MATHESON, Ontario, May 23, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that leading independent proxy advisory firm ISS 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”).

Key Points:

MATHESON, Ontario, May 23, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that leading independent proxy advisory firm ISS 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”).
In particular, the ISS report recommends that shareholders vote FOR each of Mayfair’s highly qualified director nominees: Harry Pokrandt, Patrick Evans, Christopher Reynolds and Douglas Cater (the “Company Nominees”).
ISS further recommends that shareholders vote AGAINST all proposals by Muddy Waters Capital LLC (“Muddy Waters”), including WITHHOLD votes for Carson Block, Darren McLean, Freddy Brick, and Anthony Jew (the “Muddy Waters Nominees”).
The Board advises shareholders to vote the WHITE Proxy or voting instruction form well in advance of the deadline at 2:00 p.m. (Pacific time) on June 3, 2024.

Embracing Diversity: Wildlife Madagascar Celebrates the Inaugural International Chameleon Day to Protect Nature's Masters of Disguise

Retrieved on:

Venerdì, Maggio 10, 2024

Wildlife Madagascar proudly announces the inaugural International Chameleon Day, to be celebrated annually on May 9th.

Key Points:

Wildlife Madagascar proudly announces the inaugural International Chameleon Day, to be celebrated annually on May 9th.
International Chameleon Day is a global initiative aimed at honoring and raising awareness about one of the planet's most unique and captivating reptiles—the chameleon.
“We are thrilled to launch International Chameleon Day as a platform to raise awareness about the conservation challenges facing chameleons,” said Tojo “Lytah” Razafimahefa, Country Director of Wildlife Madagascar.
Wildlife Madagascar encourages everyone to join in on International Chameleon Day and be a champion for reptile conservation worldwide.

Mayfair Gold Files Management Information Circular and Issues Letter to Shareholders

Retrieved on:

Giovedì, Maggio 9, 2024

MATHESON, Ontario, May 09, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that it has filed its management information circular (the “Information Circular”) and related proxy materials in connection with its upcoming Annual General and Special Meeting of Shareholders to be held on June 5, 2024 (the “Meeting”). The Information Circular includes a Letter to Shareholders from Harry Pokrandt, Chairman of the Company’s board of directors (the “Board”). The Company also announced it has entered into a Settlement Agreement (as defined below) with certain employees of the Company to ensure the retention of their services on behalf of Mayfair up to the Meeting.

Key Points:

The Information Circular includes a Letter to Shareholders from Harry Pokrandt, Chairman of the Company’s board of directors (the “Board”).
The Board unanimously recommends that shareholders vote to RE-ELECT as directors each of Harry Pokrandt, Patrick Evans, Christopher Reynolds and Douglas Cater (the “Company Nominees”).
Over the past year, the Company is among the top-performing gold stocks among Canadian gold mining exploration and development companies.
The Company’s share price has outperformed the 17% increase in the price of gold during the same time period.

Shapeways Announces Definitive Agreement to Sell Software Assets

Retrieved on:

Martedì, Maggio 7, 2024

Sale, Workflow, MFG, Committee

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today announced that it has entered into an asset purchase agreement in connection with the sale of its software business to OTTO dms, Inc., an entity wholly-owned by Shapeways’ Chief Executive Officer, Greg Kress and the Executive of Shapeways’ software business unit, Greg Rothman.

Key Points:

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today announced that it has entered into an asset purchase agreement in connection with the sale of its software business to OTTO dms, Inc., an entity wholly-owned by Shapeways’ Chief Executive Officer, Greg Kress and the Executive of Shapeways’ software business unit, Greg Rothman.
As previously disclosed, the Company has been working with advisors while considering strategic alternatives, and is actively taking steps to sell a material portion of the Company’s assets.
Based on that feedback, the Shapeways Board of Directors formed an independent Special Committee to oversee the divestment or liquidation of the Company’s software business.
The Special Committee engaged outside advisors and pursued a competitive process to sell the Company’s software assets, which resulted in the Company accepting a management-led proposal to purchase the software business.

VIDEO - Mayfair Gold: Gold Mining with Sustainable Exploration Practices BTV Investor Alert

Retrieved on:

Lunedì, Aprile 15, 2024

Gold, MFG, Mining

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2024) - Mayfair Gold Corp. (TSXV: MFG) (OTCQX: MFGCF) - a leader in sustainable gold exploration, is advancing the Fenn-Gib gold project in Ontario's Timmins region.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2024) - Mayfair Gold Corp. (TSXV: MFG) (OTCQX: MFGCF) - a leader in sustainable gold exploration, is advancing the Fenn-Gib gold project in Ontario's Timmins region.
A $200 million company and a focus on their innovative project, Mayfair is on track to redefine gold mining standards.
Recent efforts have yielded two significant discoveries, positioning the company to meet its 4-million-ounce gold target by 2024.
The Fenn-Gib deposit, notable for its high recovery rates and extensive strike length, highlights Mayfair's commitment to combining economic viability with environmental stewardship in the mining sector.