McFarlane Lake Mining Completes Strategic Investment in iMetal Resources

August 17, 2026

McFarlane Lake Mining Limited completed a strategic, non-brokered private placement investment in Canadian junior explorer iMetal Resources, purchasing 14,200,852 units at $0.10 per unit for $1,420,085. The units include iMetal shares and warrants, giving McFarlane beneficial ownership of approximately 19.9% of iMetal’s issued and outstanding common shares, along with investor rights such as board nomination and participation rights in future issuances.

Buyers
McFarlane Lake Mining Limited
Targets
iMetal Resources, Inc.
Industry
Energy
Location
Ontario, Canada
Transaction Type
Growth capital

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.