Lafleur closes $4.69M LIFE, $2.2M FT offerings

Mr. Paul Teniere reports LAFLEUR MINERALS CLOSES UPSIZED, FULLY SUBSCRIBED LIFE OFFERING AND FT OFFERING Further to the news releases dated Dec. 15, 2025, and Dec. 16, 2025, Lafleur Minerals Inc. has completed its previously announced non-brokered private placement of units of the company at a price of 50 cents per unit under the listed issuer financing exemption (as defined herein) for an upsized amount and gross proceeds of $4,695,000. The company also announces that it has closed its previously announced flow-through offering at a price of 60 cents per flow-through unit for an oversubscribed amount and gross proceeds of $2,205,421. With both these financings closed, upsized due to demand and oversubscribed, Lafleur is financed for the restart of its Beacon gold mill, intending to source mineralized material from its nearby Swanson gold project and starting with an estimated 10,000 to 20,000 metric tonnes of mineralized stockpiles remaining on the site of its wholly owned Beacon gold mill. FMI Securities Inc. acted as a special adviser and selling group member on the closed LIFE and FT offerings, along with participation from other key investment banks and advisory firms such as Red Cloud Securities Inc., Ventum Financial Corp., Canaccord Genuity Group Inc., Research Capital Corp., Raymond James Ltd. and Stonegate Securities Ltd. Beacon gold mill: a strategic, high-value infrastructure asset The company is uniquely positioned as one of the few junior gold companies in Canada that owns a fully permitted, existing gold mill, providing a clear pathway to cash flow without the long timelines, dilution and capital intensity typically associated with mill construction. The completion of these financings materially derisks Lafleur's business model, enabling the company to advance directly into gold production at its Beacon gold mill while simultaneously unlocking value from its nearby Swanson gold project. This vertically integrated strategy allows Lafleur to control the full value chain from mineralized material to dore, creating the potential for early revenue generation, margin capture and shareholder value accretion. Lafleur's wholly owned Beacon gold mill represents a rare and highly strategic asset within the Abitibi gold belt. The 750-tonne-per-day mill is fully constructed, in good condition, permitted, historically proved and ready for restart of operations, significantly reducing execution risk and capital requirements compared with greenfield development scenarios. With financing secured, the company intends to restart mill operations and advance toward gold production, with impending preliminary economic assessment results expected mid-January, positioning Lafleur as the newest producer in one of the world's most prolific gold districts. Led by Environmental Resources Management, a global mining, sustainability and environmental consulting firm with extensive technical mining expertise, the PEA is conducted for the purpose of evaluating the restart of gold production at Lafleur's wholly owned and recently refurbished Beacon gold mill using mineralized material from its nearby Swanson gold deposit, both located in the recognized mining camp of Val d'Or, Que. Ownership of the Beacon gold mill provides Lafleur with operational flexibility and optionality, including the ability to process mineralized material from its own project and potentially third party feed from regional deposits, creating additional revenue opportunities beyond its core assets. Swanson gold project: high-grade feed potential close to the mill The Swanson gold project, located in close proximity to the Beacon gold mill, is a cornerstone of Lafleur's production strategy. The project hosts various showings of high-grade gold mineralization within the Abitibi greenstone belt, positioned in an area renowned for producing over 200 million ounces of gold historically. The company plans to advance Swanson as a primary source of mill feed, leveraging short haul distances to reduce operating costs and enhance project economics. With financing in place, Lafleur can aggressively advance exploration and development activities at Swanson, targeting the definition of near-surface, high-grade zones that could be rapidly transitioned into production. This approach supports a low-capital-expenditure, staged production model designed to generate cash flow while continuing to expand the resource base. Beacon-Swanson synergy: a clear path to value creation The combination of a wholly owned, restart-ready gold mill and a nearby, district-scale gold project with high-grade potential, positions Lafleur Minerals as a differentiated junior gold company with a clear and executable growth strategy. Being financed enables the company to move decisively toward production, reduce financing risk and focus on operational execution. Management believes this milestone places Lafleur in a strong position to deliver near-term production, establish cash flow and build a scalable gold platform in Quebec, creating long-term value for shareholders as the company advances toward becoming a sustainable gold producer. Financing details Each unit of the LIFE offering consists of one common share in the capital of the company and one transferable common share purchase warrant. Each warrant entitled the holder to purchase one additional common share at a price of 75 cents for a period of 36 months from the date of issuance. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 (Prospectus Exemptions), the LIFE offering was made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (the Listed Issuer Financing Exemption). The securities offered under the listed issuer financing exemption are not subject to a hold period in accordance with applicable Canadian securities laws. Each unit of the flow-through offering consists of one common share in the capital of the company, to be issued as a flow-through share, within the meaning of the Income Tax Act (Canada) and the Taxation Act (Quebec), and one transferable common share purchase warrant. Each warrant entitled the holder to purchase one additional common share at a price of 75 cents for a period of 24 months from the date of issuance. The warrants are subject to an accelerated expiry upon 30 business days notice from the company in the event the closing price of the company's common shares on the Canadian Securities Exchange is equal to or above a price of 90 cents for 14 consecutive trading days any time after closing of the offering. In connection with the LIFE and FT offerings, the company paid an aggregate cash finder's fee of $480,229.43 and issued an aggregate of 909,466 non-transferable finders' warrants. Each finder's warrant entitles the holder to acquire one common share in the capital of the company at a price of 75 cents each for a period of 24 months from the date of issuance, all in accordance with the policies of the Canadian Securities Exchange. The gross proceeds from the LIFE offering will be used for the advancement of exploration initiatives at the company's Swanson gold project and for operational purposes for the restart of gold production operations at the company's wholly owned Beacon gold mill, in addition to working capital and general corporate expenses. About Lafleur Minerals Inc. Lafleur is focused on the development of district-scale gold projects in the Abitibi gold belt near Val d'Or, Que. Its mission is to advance mining projects with a laser focus on its resource-stage Swanson gold deposit and the Beacon gold mill, which have significant potential to deliver long-term value. The Swanson gold project is approximately 18,304 hectares (183 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 recently 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' fully refurbished and permitted Beacon gold mill is capable of processing over 750 tonnes per day, and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects. We seek Safe Harbor.