McFarlane Lake Mining Ltd. , a Canadian gold exploration and development company, is pleased to announce that on Wednesday, November 1, 2023, it closed the first tranche of its previously announced non-brokered private placement offering of units of the Company and flow-through shares of the Company on October 17, 2023 . The First Tranche consisted of 43,500,000 Units at a price of $0.05 per Unit and 24,943,681 FT Shares at a price of $0.06 per FT Share for combined aggregate gross proceeds to the Company of approximately $3,671,620. Due to strong investor demand, the Company has upsized the Offering to up to $4,600,000. At the request of certain proposed investors, the Company will aim to close the second tranche of the Offering for approximately $928,380 on or about the wee...