MAYFAIR ANNOUNCES RESULTS OF 2025 ANNUAL GENERAL AND SPECIAL MEETING AND THE ADOPTION OF A NEW OMNIBUS INCENTIVE PLAN

Mayfair Gold Corp. recently announced the outcomes of its Annual General and Special Meeting (AGM) held on September 4, 2025, where shareholders approved key agenda items. Among the notable decisions, shareholders re-elected directors Darren McLean, Carson Block, Zach Allwright, Sean Pi, and Christine Hsieh. Additionally, Davidson & Company LLP was reappointed as the company's auditors, ensuring continuity in financial oversight.

A significant highlight of the meeting was the approval of a new Omnibus Incentive Plan, which will replace the existing stock option plan. This 10% rolling plan is designed to enhance the company’s ability to attract and retain talent by offering stock-based compensation, aligning the interests of employees and shareholders.

Mayfair Gold continues to focus on its flagship asset, the Fenn-Gib gold project located in the Timmins region of Northern Ontario. The Fenn-Gib project boasts a robust mineral resource estimate, with an impressive 181.3 million tonnes classified as Indicated Resource, containing 4.3 million ounces of gold at a grade of 0.74 g/t Au. Furthermore, the project has an Inferred Resource of approximately 8.92 million tonnes, containing 0.14 million ounces at a grade of 0.49 g/t Au, based on a 0.30 g/t Au cut-off grade.

These developments underscore Mayfair's commitment to advancing its mining operations while maintaining strong governance through shareholder engagement. The new incentive plan could play a crucial role in bolstering investor confidence and supporting the company's growth objectives in the competitive mining sector.

Mayfair Gold Corp.'s recent Annual General and Special Meeting on September 4, 2025, resulted in significant developments that warrant attention from investors in the gold mining sector. With shareholders approving a new 10% rolling Omnibus Incentive Plan to replace the existing stock option plan, Mayfair is poised to attract and retain top talent essential for advancing its flagship Fenn-Gib gold project in Northern Ontario.

The company unveiled a robust mineral resource estimate for the Fenn-Gib site, including 4.3 million ounces of gold in the Indicated category, which is a positive indicator of the project's potential. The project's grade of 0.74 g/t Au suggests a viable operation, especially in a rising gold market driven by economic uncertainties and inflation hedging. As investors seek safe-haven assets, the gold sector's outlook remains favorable.

The re-election of board members and the re-appointment of Davidson & Company LLP as auditors reflects stability in Mayfair’s governance structure and may instill confidence among stakeholders. Additionally, the incentivization mechanism provided by the new Omnibus Plan could align management's goals with shareholder interests, potentially enhancing project execution and strategic direction.

Given these developments, investors should monitor Mayfair's progress with the Fenn-Gib project, especially regarding further resource updates and exploration results which could bolster its economic viability. With the global focus shifting back to precious metals, and as operational efficiencies improve, Mayfair Gold remains a compelling investment opportunity for those looking to leverage growth in the mining sector.

In summary, for investors interested in capitalizing on the gold market, Mayfair Gold Corp. presents a strategic opportunity, reinforced by strong resource fundamentals and an adept management team. Continuous evaluation of project milestones and market conditions will be critical for informed investment decisions.