Lafleur appoints Teniere, Espig, Swinoga as directors

Mr. Paul Teniere reports LAFLEUR MINERALS BOLSTERS EXECUTIVE TEAM AND ANNOUNCES WEBINAR TO PRESENT POSITIVE PEA FOR BEACON GOLD MILL RESTART Lafleur Minerals Inc. has appointed Paul Teniere, Peter Espig and Jeff Swinoga to the company's board of directors. These appointments bring significant expertise in the gold producer mining industry, capital markets and corporate leadership to the company as Lafleur Minerals advances development of its Swanson gold project and plans to restart gold production at the Beacon gold mill in Quebec's Abitibi gold belt. The strengthened board reflects the company's commitment to enhancing governance and strategic oversight as it moves toward the restart of gold production at the Beacon gold mill in Val d'Or, Que., and its next phase of growth and project development. Paul Teniere, chief executive officer of Lafleur Minerals, brings extensive experience in corporate leadership, capital markets and project development within the mining and natural resources sector. Mr. Teniere is a seasoned C-suite mining executive and professional geologist with more than 25 years of global experience spanning exploration, resource expansion, project development, capital markets and disclosure compliance. A recognized expert in National Instrument 43-101, JORC (Joint Ore Reserves Committee) and SEC S-K 1300 reporting standards, Mr. Teniere has served in senior leadership roles including president and chief executive officer, senior vice-president, exploration, and director for numerous mining companies listed on the Canadian Securities Exchange and TSX Venture Exchange, including Highlander Silver Corp., KO Gold Inc., Major Precious Metals Corp., Canstar Resources Inc, Tru Precious Metals Corp. and Alma Gold Inc. He also contributed to the capital markets as a senior listings manager and mining expert at the Toronto Stock Exchange and TSX-V, supporting governance and technical disclosure for emerging mining issuers. Mr. Teniere holds a BSc (honours) and an MSc in geology. As chief executive officer of Lafleur Minerals, he has been instrumental in advancing the company's exploration and development plans, including the PEA for the Swanson gold project and managing the restart of the Beacon gold mill in Val d'Or, Que., positioning the company to leverage existing infrastructure and regional opportunities to accelerate its pathway toward gold production. Mr. Espig is president, chief executive officer and director of Nicola Mining Inc., where he has led the company's transformation from creditor protection into a producing mining enterprise while significantly increasing its market capitalization. A seasoned mining executive and financier, Mr. Espig previously served as vice-president at Goldman Sachs in its principal finance and Asia special situations groups and as vice-president at private equity firm Olympus Capital, where he focused on investment analysis, corporate restructurings and international financing transactions. Over his career, he has structured more than $2-billion (U.S.) in private equity and pre-IPO (initial public offering) transactions and has extensive experience in corporate turnaround, capital markets and mining project development. Mr. Espig currently also serves as an adviser to Lafleur Minerals. Lafleur also welcomes Mr. Swinoga to its board of directors, a strategic addition as the company enters a phase where access to capital, disciplined financial leadership and strong industry relationships are expected to be critical to advancing its projects and long-term growth objectives. Mr. Swinoga is a highly respected mining executive with more than 27 years of experience across exploration, development and operations. He has held senior executive and financial leadership roles with leading mining companies, including Barrick Gold, Torex Gold Resources, Hudbay Minerals, North American Palladium and Golden Star Resources. He is the former chief executive officer of Epic Gold Corp. (formerly Exploits Discovery Corp.) and First Mining Gold, where he earned recognition for building high-performing teams, leading strategic transformations, executing M&A (merger and acquisition) and IPO transactions, and maintaining disciplined capital allocation. Mr. Swinoga has led more than $2-billion in project financings and over $400-million in equity raises, working closely with institutional investors, lenders and strategic partners. He also brings extensive board and governance experience, with particular depth in oversight, risk management, continuous disclosure, stakeholder engagement, permitting and social licence. Mr. Swinoga is also a director on the board of PDAC (Prospectors & Developers Association of Canada). The company announces the resignations of Preet Gill and Harveer Sidhu from the board of directors, effective March 15, 2026. The board thanks Ms. Gill and Mr. Sidhu for their valuable contributions during their tenure and wishes them continued success in their future endeavours. "On behalf of the board and management, we would like to thank Mr. Sidhu and Ms. Gill for their valuable contributions as directors of the company and throughout their subsequent tenures. We wish them both the best with future endeavours," expressed Mr. Teniere, chief executive officer of the company. The company also announces that members of its senior management team will host a live corporate webinar on March 24, 2026, at 9 a.m. PST/12 p.m. EST, to discuss recent company developments, including the latest positive preliminary economic assessment (PEA) results for the company's district-scale Swanson gold project and the planned restart of its 100-per-cent-owned and fully permitted Beacon gold mill, located in Canada's largest gold-producing region, the prolific Abitibi greenstone belt. During the webinar, management will provide an overview of the PEA study results, the strategic advantages of the company's vertically integrated mine-to-mill development strategy combining the Swanson gold deposit with its 100-per-cent-owned Beacon gold mill and coming operational milestones as Lafleur Minerals advances toward the restart of gold production in Quebec's key mining hub, Val d'Or, Que. Webinar details Date:  March 24, 2026, at 9 a.m. PST/12 p.m. EST Format:  live corporate webinar with management presentation and question-and-answer session The presentation will include an update on continuing technical work and planned next steps aimed at advancing the Swanson gold project while progressing recommissioning work at the Beacon gold mill. Management will also discuss the broader development strategy, including opportunities to optimize project economics and advance the company's objective of restarting gold production in Q2 2026, as well as the longer-term vision of increasing Swanson's resource, consolidating surrounding claims or deposits, and expanding the mill's capacity to over 3,000 tonnes per day. The recent PEA completed by Environmental Resources Management (ERM) outlined a technically straightforward and capital-efficient development scenario for the Swanson gold project that could be highly profitable, with a $101-million after-tax net present value (discounted at 5 per cent), a 65-per-cent internal rate of return, a rapid 1.8-year payback and all-in sustaining costs of $1,569 (U.S.) per ounce, driven by a low $31-million initial capex (capital expenditure) and use of the company's wholly owned Beacon gold mill (refer to press release dated March 3, 2026). Meanwhile, the mill refurbishment is progressing on schedule, with electrical, mechanical and safety upgrades completed, about 30 per cent of the budget spent, and first gold pour anticipated later this year. This combination of a capital-efficient, high-return PEA, proven continuous strong gold mineralization at the company's Swanson gold project (refer to press release dated Feb. 4, 2026) and near-term processing capability with recently upgraded infrastructure positions Lafleur as a junior gold developer with both a clear path to production and potential upside through resource expansion, creating what many would see as a compelling development story. Following the presentation, management will host a live question-and-answer session with investors. Lafleur encourages shareholders, investors and other interested stakeholders to participate in the webinar to learn more about the company's recent progress and coming milestones. Engagement of investor relations firms The company is also pleased to announce various strategic marketing and investor relations engagements with arm's-length independent contractors and agencies, with the aim of developing the company's communication strategy and strengthening exposure to a wider audience. The company entered into a service agreement dated Feb. 23, 2026, with Native Ads Inc., pursuant to which Native Ads has agreed to provide a marketing campaign, as part of which it will execute a comprehensive digital media advertising campaign for the company, where the majority of the campaign budget will be allocated to cost-per-click costs, media buying and content distribution, and search engine marketing. The remaining budget will be allocated for content creation, Web development, advertising creative development, search engine optimization, campaign optimization, and reporting and data insights services. The Native Ads service agreement remains in effect for 12 months or until the retainer is depleted, with services commencing on Feb. 23, 2026, the campaign period, and will not automatically renew. In accordance with the terms and conditions of the Native Ads service agreement and as consideration for the services provided by Native Ads, the company has agreed to provide Native Ads with a cash retainer fee of $25,000 (U.S.) plus applicable taxes. Native Ads and its principals are arm's length from the company and do not have any interest, direct or indirect, in the company or its securities, nor do they have any right or intent to acquire such an interest. Native Ads is a full-service advertising agency based out of New York and Vancouver, B.C., its business is located at 244 Fifth Ave., Suite N-249, New York, N.Y., 10001, United States, and the e-mail contact is [email protected] and its phone number is 1-866-773-3540. The company entered into a service agreement dated Feb. 5, 2026, with InvestorsHub, a wholly owned subsidiary of ADVFN PLC, pursuant to which InvestorsHub has agreed to provide a marketing campaign, as part of which it will execute an enhanced news release distribution for the company. The InvestorsHub service agreement remains in effect until the retainer and inventory are depleted, with services commencing on Feb. 5, 2026, the campaign period, and will not automatically renew. In accordance with the terms and conditions of the InvestorsHub service agreement and as consideration for the services provided by InvestorsHub, the company has agreed to provide InvestorsHub with a cash retainer fee of $25,000 (U.S.) plus applicable taxes. InvestorsHub and its principals are arm's length from the company and do not have any interest, direct or indirect, in the company or its securities, nor do they have any right or intent to acquire such an interest. The contact information for InvestorsHub is Investorshub.com, P.O. Box 780, Harrisonville, Mo., 64701 (telephone: 816-884-1859, e-mail: [email protected]). The company entered into a service agreement executed March 14, 2026, with Mayfair Media Operations Pty. Ltd., trading as Mining.com.au, pursuant to which Mayfair Media has agreed to provide a marketing campaign, as part of which it will execute a comprehensive digital media advertising services across news coverage, editorial publications and video interview for the company. The Mayfair Media service agreement is on a month-to-month basis, with a minimum one-month term, with services commencing on March 14, 2026, the campaign period, and will not automatically renew. In accordance with the terms and conditions of the Mayfair Media service agreement and as consideration for the services provided by Mayfair Media, the company has agreed to provide Mayfair Media with a monthly cash retainer fee of $3,890 (Australian) plus applicable taxes. Mayfair Media and its principals are arm's length from the company and do not have any interest, direct or indirect, in the company or its securities, nor do they have any right or intent to acquire such an interest. The contact information for Mayfair Media is Mayfair Media Operations Pty. Ltd., trading as Mining.com.au, 6/66 Appel St., Surfers Paradise, Queensland, 4217 (e-mail: [email protected]). About Lafleur Minerals Inc. Lafleur Minerals is focused on the development of district-scale gold projects in the Abitibi gold belt near Val d'Or, Que. The company's mission is to advance mining projects with a laser focus on its PEA-stage Swanson gold project and the Beacon gold mill, which have significant potential to deliver long-term value. The Swanson gold project is approximately 19,214 hectares (192 square kilometres) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines and Globex Mining. Lafleur has consolidated a large land package along a major structural break that hosts the Swanson, Bartec and Jolin gold deposits and several other showings which make up the Swanson gold project. The Swanson gold project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Minerals' recently refurbished Beacon gold mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. Lafleur recently released the results of a positive PEA for the company's Swanson gold project and the planned restart of the Beacon gold mill (refer to press release dated March 3, 2026). We seek Safe Harbor.