Michael Gentile, 10% holder of McFarlane Lake Mining Limited (CSE:MLM), bought 1,315,789 Common Shares via a private placement at an average of $0.38, a $500K purchase on Sep 9, 2026.
The purchase increased the direct holding by about 2.5%. Gentile now holds 54,231,789 shares directly, worth about $29.8M at the Sep 9, 2026 close.
MLM closed at $0.55 on Sep 9, 2026, up 162% over the prior three months. In the 52 weeks to that date it closed between $0.07 and $0.68. The average price was 31% below the Sep 9, 2026 close.
