Financings

LaFleur Minerals Announces LIFE and Flow-Through Unit Offerings

By The Northwire Desk — AI Analysis Dec 15, 2025 · 23:30 LFLR · 0.59 LaFleur Minerals Inc.

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LaFleur Minerals announced a non‑brokered private placement of up to 6 million Units at $0.50 each, targeting gross proceeds of up to C$3 million (the “LIFE Offering”).
The company also intends to raise an additional C$1.5 million through a flow‑through offering of up to 2.5 million FT Units at $0.60 each (the “FT Offering”).
Proceeds will fund the commissioning and restart of gold production at the Beacon Gold Mine & Mill, development work on the Swanson Gold Project, and general working capital.

LIFE Offering – up to 6,000,000 Units @ $0.50 per Unit → gross proceeds ≤ C$3,000,000.
Each Unit = 1 common share + 1 warrant (right to purchase an additional share at $0.75 within 24 months).
Warrants may expire early if CSE price ≥ $0.90 for 14 consecutive trading days.
FT Offering – up to 2,500,000 FT Units @ $0.60 per Unit → gross proceeds ≤ C$1,500,000.
Each FT Unit = 1 flow‑through common share + 1 warrant (same terms as LIFE warrants).
Proceeds earmarked for “Canadian Exploration Expenses” on the Swanson Gold Project and will qualify as flow‑through mining expenditures.
Broker Compensation – cash commission of 7 % of aggregate gross proceeds plus broker warrants equal to 7 % of units sold (each warrant allows purchase of one common share at the offering price for 24 months).
Closing Date – expected on or about December 31, 2025, subject to change.
Use of Proceeds
Restart and commission Beacon Gold Mine & Mill.
Exploration and development work at Swanson Gold Project (Quebec).
General working capital.
The company is concurrently progressing a previously announced brokered private placement of gold‑linked convertible notes (up to C$7 million) to further fund the Beacon Mill restart.

“The proceeds from these offerings will enable us to recommence production at our Beacon Gold Mill and advance critical work on Swanson, positioning LaFleur for sustained growth.” – Paul Ténière, CEO

Materiality Assessment: Material – Positive (significant financing expected to fund restart of production assets and project development).

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