Mayfair Gold Announces that Certain Employees May Withdraw Notices of Termination under Change of Control to Continue Employment with the Company
MATHESON, Ontario, May 31, 2024 (GLOBE NEWSWIRE) — Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) announces that it has received correspondence from all Terminating Employees (as defined below) except Patrick Evans, that they may be willing to rescind their Terminating Notices (as defined below) and direct that their respective portions of the Change of Control Payment (as defined below), totaling approximately $2.47 million, be returned to the Company if acceptable settlement terms are reached.
Related news for (MFGCF)
- RETRANSMISSION: BTV Features Top Mining Stocks: Purepoint Uranium, Viridian Metals, Prime Mining, Patriot Battery Metals, Mayfair Gold, & Westport Fuels
- BTV Features Top Mining Stocks: Purepoint Uranium, Viridian Metals, Prime Mining, Patriot Battery Metals, Mayfair Gold, & Westport Fuels
- Mayfair Gold Announces that Certain Employees have Withdrawn Notices of Termination under Change of Control and Continue Employment with the Company
- Mayfair Gold Chair Letter to Shareholders Ahead of Crucial Vote