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McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“McFarlane” or the “Company”) (CSE: MLM, OTC: MLMLF, FRA: W2Z) is pleased to announce that it has obtained the written consent of all debenture holders of its 15.0% Senior Secured Debentures due 2026 (the “Debentures”), of which approximately US$1,695,000 aggregate principal amount remains outstanding, to certain amendments to the trust indenture dated as of September 29, 2025 between the Company and Odyssey Trust Company, as trustee and collateral agent.

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Lake Announces Extension of US$1.69 Million of Remaining Debentures to October 31, 2027

Tue, 18 Aug 2026 17:16:00 -0400

The approved amendments will extend the maturity date of the Debentures from October 26, 2026

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Increases Gold Mineral Resources on Its Juby Gold Project

Tue, 18 Aug 2026 07:00:00 -0400

59% Increase in Inferred Resources
13% Increase in Indicated Resources

Highlights of Latest Mineral Resource Estimate

5.06 million inferred ounces gold at 0.87 grams per tonne gold and 1.14 million indicated ounces gold at 0.95 grams per tonne gold using a long-term gold price of US$3,600/oz (see Table 1 and Note 1)
Resource Sensitivities at US$4,600/oz gold yield 5.40 million inferred ounces at 0.85 grams per tonne gold and 1.20 million indicated ounces at 0.93 grams per tonne gold

New Higher-Grade Gold resources defined at 826 Zone
Drilling continues; Environmental Baseline work

McFarlane Lake acquires 19.9% stake in iMetal Resources for $1.42M

Mon, 17 Aug 2026 17:00:42 -0400

McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF) has completed a $1,420,085 investment in iMetal Resources, Inc. (TSXV: IMR, OTCQB: IMRFF), acquiring 14,200,852 units at $0.10 per unit, according to a press release from the company.

Each unit consists of one iMetal common share and one warrant exercisable at $0.175 per share for three years from closing. McFarlane now holds approximately 19.9% of iMetal's issued and outstanding common shares. If all warrants are exercised, McFarlane's stake would rise to approximately 33.2% on a partially diluted basis.

The investment was made as part of iMetal's non-brokered private placement of up to 30,000,000 units

McFarlane Lake acquires 19.9% stake in iMetal Resources for $1.42M

Mon, 17 Aug 2026 17:00:42 -0400

McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF) has completed a $1,420,085 investment in iMetal Resources, Inc. (TSXV: IMR, OTCQB: IMRFF), acquiring 14,200,852 units at $0.10 per unit, according to a press release from the company.

Each unit consists of one iMetal common share and one warrant exercisable at $0.175 per share for three years from closing. McFarlane now holds approximately 19.9% of iMetal's issued and outstanding common shares. If all warrants are exercised, McFarlane's stake would rise to approximately 33.2% on a partially diluted basis.

The investment was made as part of iMetal's non-brokered private placement of up to 30,000,000 units

McFarlane Lake acquires 19.9% stake in iMetal Resources for $1.42M

Mon, 17 Aug 2026 17:00:42 -0400

McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF) has completed a $1,420,085 investment in iMetal Resources, Inc. (TSXV: IMR, OTCQB: IMRFF), acquiring 14,200,852 units at $0.10 per unit, according to a press release from the company.

Each unit consists of one iMetal common share and one warrant exercisable at $0.175 per share for three years from closing. McFarlane now holds approximately 19.9% of iMetal's issued and outstanding common shares. If all warrants are exercised, McFarlane's stake would rise to approximately 33.2% on a partially diluted basis.

The investment was made as part of iMetal's non-brokered private placement of up to 30,000,000 units

McFarlane Lake acquires 19.9% stake in iMetal Resources for $1.42M

Mon, 17 Aug 2026 17:00:42 -0400

McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF) has completed a $1,420,085 investment in iMetal Resources, Inc. (TSXV: IMR, OTCQB: IMRFF), acquiring 14,200,852 units at $0.10 per unit, according to a press release from the company.

Each unit consists of one iMetal common share and one warrant exercisable at $0.175 per share for three years from closing. McFarlane now holds approximately 19.9% of iMetal's issued and outstanding common shares. If all warrants are exercised, McFarlane's stake would rise to approximately 33.2% on a partially diluted basis.

The investment was made as part of iMetal's non-brokered private placement of up to 30,000,000 units

McFarlane Lake acquires 19.9% stake in iMetal Resources for $1.42M

Mon, 17 Aug 2026 17:00:42 -0400

McFarlane Lake Mining Limited (CSE: MLM, OTC: MLMLF) has completed a $1,420,085 investment in iMetal Resources, Inc. (TSXV: IMR, OTCQB: IMRFF), acquiring 14,200,852 units at $0.10 per unit, according to a press release from the company.

Each unit consists of one iMetal common share and one warrant exercisable at $0.175 per share for three years from closing. McFarlane now holds approximately 19.9% of iMetal's issued and outstanding common shares. If all warrants are exercised, McFarlane's stake would rise to approximately 33.2% on a partially diluted basis.

The investment was made as part of iMetal's non-brokered private placement of up to 30,000,000 units