Brief: Mayfair Gold Responds To Announcement By Muddy Waters Capital Of Intention To Reconstitute Board Of Directors

Mayfair Gold

19/03/2024 15:56

March 19 (Reuters) - Mayfair Gold Corp  MFG.V :
    * MAYFAIR GOLD RESPONDS TO ANNOUNCEMENT BY MUDDY WATERS
CAPITAL OF
INTENTION TO RECONSTITUTE THE BOARD OF DIRECTORS
    * MAYFAIR GOLD CORP - BOARD AND MANAGEMENT TEAM ARE OPEN TO
VALUE
CREATION OPPORTUNITIES
    * MAYFAIR GOLD CORP - CURRENTLY CONDUCTING A COMPREHENSIVE
AND
PROACTIVE PROCESS TO IDENTIFY SUITABLE CANDIDATES FOR BOARD
RECRUITMENT
    * MAYFAIR GOLD CORP - COMPENSATION COMMITTEE IS CONFIDENT
COMPANY'S COMPENSATION STRUCTURE IS FAIR AND COMMENSURATE TO ITS
PEERS
    * MAYFAIR GOLD CORP -  WILL EVALUATE MUDDY WATERS' DIRECTOR
CANDIDATES AT SUCH TIME AS THEY COMPLY WITH ADVANCE NOMINATION
REQUIREMENTS IN CO'S ARTICLES
    * MAYFAIR GOLD CORP - BOARD ALSO OFFERED TO MEET WITH MUDDY
WATERS, EITHER WITH OR WITHOUT PRESENCE OF CEO

Source text for Eikon:  ID:nGNX8sB96v 
Further company coverage:  MFG.V 

 ((Reuters.Briefs@thomsonreuters.com;))