Financings
LaFleur Minerals Announces Non-Brokered Private Placement for Gross Proceeds of up to C$1,000,000

LFLR · Price
Executive Summary
- LaFleur Minerals announces a non‑brokered hard‑dollar private placement of up to 2,000,000 units at $0.50 per unit, targeting gross proceeds of up to $1,000,000.
- Each unit consists of one common share and one warrant to purchase an additional share at $0.75 exercisable within 36 months of closing.
- Proceeds are earmarked for the commissioning and restart of the Beacon Gold Mine & Mill, work on the Swanson Gold Project, and general working capital.
Key Details
- Units Offered: Up to 2,000,000 units @ $0.50 each → Maximum gross proceeds: $1,000,000.
- Unit Composition:
- 1 common share of LaFleur Minerals.
- 1 Common Share purchase warrant (exercise price $0.75) exercisable any time on or before 36 months after the Closing Date.
- Closing Date: Expected on or about January 5, 2026 (subject to change).
- Statutory Hold Period: Securities subject to a 4‑month‑plus‑1‑day hold period under Canadian securities law.
- Finder/Broker Compensation:
- Cash commission of 7.0% of aggregate gross proceeds.
- Broker warrants equal to 7.0% of the number of units sold; each broker warrant allows purchase of one common share at the offering price for 24 months post‑closing.
- Use of Proceeds:
- Commissioning and restart of gold production at the wholly‑owned Beacon Gold Mine and Mill.
- Development work at the Swanson Gold Project in Val d’Or, Québec.
- General working capital purposes.
- Related Offerings: The company notes ongoing progress on its previously announced non‑brokered LIFE Offering and Flow‑Through Offering (referenced releases dated Dec 15 2025 & Dec 16 2025).
Notable Quotes
(No direct CEO quotes were included in the release.)
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Jun 10, 2026 · 09:16