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FINWIRES

Update: Mayfair Gold Appoints Drew Anwyll As CEO; Shares Down 3.85% To Near 52 Week Lows in US Premarket

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-- Mayfair Gold Corp. (MFG.V and NYSE American: MINE) has appointed Drew Anwyll, formerly Chief Operating Officer of the company, as Chief Executive Officer, effective immediately, the company said earlier Monday.

Nick Campbell, current Chief Executive Officer, will be stepping down and departing the company.

Darren McLean, Chair of the Board, said, "Mayfair is on the path to build and operate the Fenn-Gib Gold Project. By appointing Drew, an accomplished operator, as CEO, the company is well positioned to execute on this plan. The Board would like to thank Nick for his leadership and contributions, including his work in elevating the Fenn-Gib story, progressing the NYSE American listing, and advancing us to this point."

Campbell, outgoing CEO, said, "My role at Mayfair was to help shape the strategy with the Board, begin telling the story, and bring the team together to execute on that vision. That foundation is now firmly in place. The team Drew has assembled stands out in any project development organization. The culture Drew has fostered in such a short time is remarkable, and I look forward to watching Mayfair continue to advance."

Mayfair was at last look down 3.85% in US premarket trade, after falling 3% in the US last Friday. It edged lower in Canada trade last Friday.

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