Lafleur arranges $1M hard-dollar private placement

Executive Summary

• Lafleur Minerals Inc. has arranged a non-brokered hard-dollar private placement offering of up to 2,000,000 units at $0.50 per unit, raising gross proceeds of up to C$1,000,000.
• Each unit consists of one common share and one common share purchase warrant exercisable at $0.75 per share, valid for 36 months from closing.
• Proceeds are designated for the commissioning and restart of gold production at the Beacon gold mine and mill, work on the Swanson gold project, and general working capital.

Key Details

• Offering Size: Up to 2,000,000 units.
• Price: $0.50 per unit.
• Gross Proceeds: Up to C$1,000,000.
• Unit Composition: One common share and one common share purchase warrant.
• Warrant Terms:
  • Exercise Price: $0.75 per share.
  • Expiration: 36 months from the closing date.
• Closing Date: Expected on or about January 5, 2026, or earlier/later as determined by the company.
• Hold Period: Statutory hold period in Canada expiring four months and one day from the closing date.
• Use of Proceeds:
  • Commissioning and restart of gold production operations at the wholly owned Beacon gold mine and mill.
  • Work at the Swanson gold project in Val d'Or, Quebec.
  • General working capital purposes.
• Finder/Broker Compensation:
  • Cash commission: 7.0% of aggregate gross proceeds.
  • Broker warrants: Equal to 7.0% of the number of units sold.
  • Broker Warrant Terms: Entitles holder to purchase one common share at an exercise price equal to the offering price ($0.50) for a period of 24 months following the closing date.
• Context: The company continues to progress in closing its previously announced non-brokered private placement LIFE offering and flow-through offering (referenced in releases dated Dec. 15, 2025, and Dec. 16, 2025).

Notable Quotes

• None provided in the text.