McFarlane Lake Announces C$6.2 Million in Warrant Exercises

TORONTO, July 06, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited (“ McFarlane ” or the “ Company ”) (CSE: MLM, OTC: MLMLF, FRA: W2Z) is pleased to announce that it has received exercise instructions from holders of an aggregate of 41,507,200 common share purchase warrants (the “ Warrants ”) at an exercise price of C$0.15 per Warrant, which are expected to result in aggregate exercise funds of C$6,226,080 (the “ Exercise Process ”). Upon completion of the Exercise Process and receipt of the applicable exercise funds, the Company expects to issue an aggregate of 41,507,200 common shares (the “ Shares ”) in respect of the exercised Warrants.