Mayfair Gold (MFG) Registration filing summary

Company overview and business model

• Focuses on exploration, development, and operation of the Fenn-Gib Project, a 100% owned mineral property in northeast Ontario, Canada.

• Acquired the Fenn-Gib Project in December 2020 for US$11 million and a 1% net smelter returns royalty.

• No current production or operating income; remains in exploration and development stage.

Financial performance and metrics

• No revenues to date and has incurred negative cash flow from operating activities for the years ended December 31, 2025 and 2024.

• Financial statements are prepared in accordance with IFRS Accounting Standards.

Use of proceeds and capital allocation

• Net proceeds from securities sales are expected to fund capital expenditures and general corporate purposes.

• Allocation of proceeds for specific purposes will be detailed in the relevant Prospectus Supplement.

• Proceeds may also be used for working capital and administrative expenses, potentially continuing negative cash flow.