Mayfair Acquisition Corp. Announces It Will No Longer Make Takeover Bid for Gold Basin Resources Corporation and Canex Metals Inc.

VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Mayfair Acquisition Corp. (TSXV: MFA.P) (“Mayfair” or the “Company”) announces that it no longer intends to make a takeover bid for the outstanding securities of Gold Basin Resources Corporation (“Gold Basin”) and Canex Metals Inc. ("Canex"). The representatives of Discovery Group, being John Robins, Jim Paterson, and Darren Klinck, who were supporting Mayfair’s bid originally announced on March 20, 2025, have agreed to support the formal takeover bid by Canex for all issued and outstanding shares of Gold Basin initially announced on June 9, 2025.