LaFleur Minerals Closes Upsized, Fully Subscribed LIFE Offering and FT Offering

Executive Summary

• LaFleur Minerals closed an upsized non‑brokered private placement of LIFE Units at $0.50/unit, raising $4.695 M in gross proceeds.
• The company also closed its oversubscribed Flow‑Through Offering at $0.60/unit, generating $2.205 M in gross proceeds.
• Proceeds will fund the restart of the 750‑tpd Beacon Gold Mill and advance exploration/development at the nearby Swanson Gold Project, positioning LaFleur for near‑term gold production and cash flow generation.

Key Details

• LIFE Offering (Units @ $0.50):
• Gross proceeds: $4,695,000
• Each unit = 1 common share + 1 transferable warrant (exercise price $0.75, 36‑month term).

• Offered under the Listed Issuer Financing Exemption; no hold period.

• Flow‑Through Offering (Units @ $0.60):

• Gross proceeds: $2,205,421
• Each unit = 1 flow‑through share + 1 transferable warrant (exercise price $0.75, 24‑month term).

• Warrants accelerate expiry if CSE price ≥ $0.90 for 14 consecutive trading days.

• Finder’s Compensation:

• Cash finder fee paid: $480,229.43

• Issued 909,466 non‑transferable Finder’s Warrants (exercise price $0.75, 24‑month term).

• Use of Proceeds:

• Restart and operational expenses for the Beacon Gold Mill.
• Exploration initiatives at Swanson Gold Project.

• Working capital and general corporate purposes.

• Strategic Significance:

• Funding de‑risks LaFleur’s business model, enabling direct gold production via an existing, fully permitted mill.
• Anticipated Preliminary Economic Assessment (PEA) results expected mid‑January 2026.

• Mill capacity: 750 tonnes per day, ready for immediate restart.

• Advisors & Underwriters:

• Special advisor and selling group member: FMI Securities Inc.
• Additional participants: Red Cloud Securities, Ventum Financial, Canaccord Genuity, Research Capital, Raymond James Ltd., Stonegate Securities.

Notable Quotes

“The completion of these financings materially de‑risks LaFleur’s business model, enabling us to advance directly into gold production at our Beacon Gold Mill while unlocking value from the Swanson Gold Project.” – Paul Ténière, CEO, LaFleur Minerals Inc.