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McFarlane Lake Mining announced a non-brokered private placement to raise up to C$1 million through the sale of up to 22,222,222 units at C$0.045 per unit and up to 20,000,000 flow-through shares at C$0.05 per share. Each unit consists of one common share and one-half of a common share purchase warrant exercisable at C$0.07 per share for 18 months. The funds will be used to explore McMillan and West Hawk Lake gold properties, expand gold resources at the High Lake property, and for general working capital. The offering's completion is uncertain and subject to regulatory approvals.