RETRANSMISSION: LaFleur Minerals Upsizes LIFE and Flow-Through Unit Offerings

Executive Summary

• LaFleur Minerals announced an upsized non‑brokered private placement (“LIFE Offering”) of up to 9,000,000 units at $0.50 per unit, targeting gross proceeds of up to $4.5 million.
• Each unit consists of one common share and one warrant to purchase an additional common share at $0.75, exercisable for 36 months (no accelerated expiry).
• Proceeds are earmarked for commissioning/restarting gold production at the Beacon Gold Mine & Mill, work on the Swanson Gold Project in Quebec, and general working capital.

Key Details

• Units Offered: Up to 9,000,000 units
• Offering Price: $0.50 per unit (gross)
• Gross Proceeds Target: Up to $4,500,000 CAD
• Unit Composition:
• 1 Common Share
• 1 Common Share Purchase Warrant (“Warrant”) – right to buy one additional common share at $0.75, exercisable any time within 36 months from the Closing Date (no accelerated expiry).
• Use of Proceeds:
• Commissioning and restart of gold production at Beacon Gold Mine & Mill
• Development work on Swanson Gold Project (Quebec)
• General working capital
• Exemption Used: Listed issuer financing exemption under NI 45‑106 (Part 5A) – available to Canadian residents (excluding Quebec) and other qualifying jurisdictions.
• Hold Period: Units are not subject to a hold period under Canadian securities law.
• Broker/Finder Compensation:
• Cash commission of 7.0% of aggregate gross proceeds of the LIFE Offering and FT Offering.
• Broker Warrants equal to 7.0% of units sold, each granting purchase of one common share at the offering price for 24 months after Closing.
• Closing Date: Expected on or about December 31, 2025, subject to change.
• Related Financing Activity: Ongoing brokered private placement of gold‑linked convertible notes (announced Nov 5, 2025) aiming to raise up to C$7 million for Beacon Mill restart.

Notable Quotes

(No executive quotes were included in the release.)