McFarlane Lake Mining Announces C$15 Million Bought Deal Private Placement

McFarlane Lake Mining Limited (CSE: MLM) (FRA: W2Z) (OTCQB: MLMLF) ("McFarlane Lake" or the "Company") is pleased to announce that it has entered into an agreement with ATB Cormark Capital Markets, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the "Underwriters") in connection with a "bought deal" private placement of: (i) 20,953,000 common shares of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15)