Lafleur Minerals arranges $7-million private placement

Mr. Paul Teniere reports LAFLEUR MINERALS ANNOUNCES BROKERED PRIVATE PLACEMENT OF GOLD-LINKED CONVERTIBLE NOTES TO FINANCE RESTART OF GOLD PRODUCTION AT BEACON GOLD MILL Lafleur Minerals Inc. has launched a brokered private placement of gold-linked convertible notes with a minimum principal amount of $4-million and up to a maximum principal amount of $7-million. Proceeds from the gold-linked note financing will be used for general corporate purposes as well as operations, equipment and other expenses related to the restart of the company's Beacon gold mill, a wholly owned project with mine, mill and tailings pond located near Val d'Or, Que., in Canada's prolific Abitibi greenstone belt. Additional details on the gold-linked note financing are included below. Gold-linked note financing: The notes represent an unsecured obligation of the company, and each note may be converted, at the option of the holder, into common shares in the capital of the company at a price of 80 cents per common share. The notes bear interest at a rate of 12 per cent per annum on the aggregate principal amount of the notes, calculated and payable semi-annually. The notes will mature on or around Nov. 30, 2028. The principal amount of notes outstanding will be reduced by the company on an annual basis on an annual basis, commencing on Jan. 1, 2027, and ending with the final payment on Nov. 30, 2028. On each principal payment date, the company will also pay a premium equal to the gold premium, being, with respect to any principal payment date, an amount equal to (a) the number of deposited ounces to be delivered into escrow in respect of the quarter ending on such date, multiplied by (b) the amount, if any, by which the current gold price (the London Gold Fix price per ounce (in United States dollars) as of the 15th day of the month of such principal payment date) exceeds $4,000 (U.S.). FMI Securities Inc. (the agent) will be lead agent and sole bookrunner for the gold-linked note financing. In connection with the gold-linked note financing, and pursuant to the terms of an agency agreement to be entered into between the company and the agent, the company will: Pay the agent a cash fee equal to 7.0 per cent (reduced to 4.0 per cent for any president's list purchasers) of the gross proceeds from the sale of notes, including any notes sold pursuant to the agents option (defined herein); Issue the agent broker warrants equal to 7.0 per cent (reduced to 4.0 per cent for any president's list purchasers) of the number of notes sold in the gold-linked note financing. The broker warrants shall have an exercise price equal to 80 cents and will be exercisable for a period of two years from the date of issuance. The agent will have the option to sell up to an additional $750,000 of the notes, exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the gold-linked note financing to cover overallotments, if any. All securities issued in connection with the gold-linked note financing will be subject to a statutory hold period of four months and one day following the date of issuance in accordance with applicable Canadian securities laws. Qualified person statement All scientific and technical information contained in this news release has been prepared and approved by Louis Martin, PGeo (OGQ), exploration manager and technical adviser of the company and considered a qualified person (QP) for the purposes of National Instrument 43-101. 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 resource-stage Swanson gold project 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.