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40-F2026-04-13· grok-4-1-fast-non-reasoning

MINE · Mayfair Gold Corp.

0001376474-26-000286

SEC filing

Summary

Mayfair Gold Corp. (Ticker: MINE), a British Columbia-based mining exploration company, filed its annual Form 40-F with the SEC on April 13, 2026, covering the fiscal year ended December 31, 2025. This filing serves as the annual report for the company, which is listed on the NYSE American LLC, incorporating by reference key documents including the Annual Information Form, Management’s Discussion and Analysis (MD&A), and audited annual financial statements for 2025 and 2024, prepared under IFRS by Davidson & Company LLP (PCAOB ID 731). The XBRL tags in the filing reveal comprehensive financial data, including equity components (issued capital, share premium, share-based payments reserve, retained earnings), property plant and equipment breakdowns (computer equipment, fixtures, buildings, land, machinery, vehicles), exploration and evaluation expenditures (drilling, environmental studies, contractors, laboratory analysis, permitting), general and administrative expenses (directors' fees, management fees, professional fees, marketing), related party transactions, stock options with various expiration dates through 2032, and warrants expiring in 2027. As of December 31, 2025, the company had 67,080,496 common shares outstanding. The filing indicates ongoing exploration activities, likely focused on gold projects given the company name and expense categories, with disclosures on share transactions, change of control payments, and FX risks from USD-denominated instruments. This routine annual filing provides transparency into the company's financial position, exploration progress, and compliance with SEC requirements for foreign issuers, marking it as an emerging growth company not yet fully compliant with all Section 13/15(d) reporting over the prior 12 months.

Key takeaways