TORONTO–(BUSINESS WIRE)–Today, NEO welcomes McFarlane Lake Mining Limited (“McFarlane Lake” or the “Company”) a Canadian gold exploration and development company, to ring the bell and open the market. McFarlane Lake begins trading today on the NEO Exchange under the symbol MLM.
McFarlane Lake is currently engaged in the assessment and exploration of several gold properties, including two east of Sudbury, two straddling the Ontario/Manitoba border, and two in the historic Timmins area which is home to several other current producing mines. Each of the six properties are located near existing infrastructure (roads and power), and significant population bases.
Mark Trevisiol, Chief Executive Officer, President and Chairman of the Board of Directors of McFarlane stated: “The McFarlane team is extremely excited to have achieved one of our key objectives of becoming a publicly traded company. Exploration permitting is in hand and gold exploration activities have been initiated on our past producing West Hawk Lake property. Diamond drilling on this property is set to commence next week in a favorable gold market.”
Investors can trade shares of MLM through their usual investment channels, including discount brokerage platforms and full-service dealers.
“NEO first entered the mining sector only a few short months ago, with the objective of bringing much-needed choice and competition, which had previously been lacking. Since that time, we have made great strides and are now thrilled to welcome McFarlane Lake, our fourth mining listing on the NEO Exchange,” remarked Jos Schmitt, President and Chief Executive Officer of NEO. “By selecting NEO, the Tier 1 stock exchange for the innovation economy as their preferred listing partner, McFarlane Lake stands to benefit from wider access to a sophisticated investor base, enhanced transparency and quality of trading, and an unmatched level of service as they pursue the vast potential within their gold properties. Welcome to the NEO family!”
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About the NEO Exchange
The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
About McFarlane Lake Mining
McFarlane Lake is a mineral exploration company focused on the exploration and development of the High Lake mineral property located immediately east of the Ontario-Manitoba border and the West Hawk Lake mineral property located immediately west of the Ontario-Manitoba border. In addition, McFarlane Lake holds the McMillan mineral property located 70 km East of Sudbury, Ontario and holds options to purchase the Michaud/Munro mineral property and the Mongowin mineral property. McFarlane Lake is a “reporting issuer” under applicable securities legislation in the provinces of British Columbia and Alberta.