McFarlane Lake Closes Sale Of High Lake And West Hawk Lake Properties For $9.25 Million
McFarlane Lake Mining Limited ("McFarlane" or the "Company") (CSE:MLM)(OTCQB:MLMLF) is pleased to announce that it has closed the previously announced sale of the High Lake and West Hawk Lake properties to Total Metals Corp. ("Total Metals") (TSX-V:TT.V)(FSN:04N) for total consideration of $9.25 million, receiving $7.25 million in cash and 3,333,333 common shares of Total Metals, issued at a deemed price equal to $0.60 per share. As of October...
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