Lafleur closes $2.88-million private placement

Executive Summary

• Lafleur Minerals Inc. has closed a fully subscribed non-brokered private placement of "LIFE units" for gross proceeds of $2.88 million, with an additional $700,000 in similar units to be closed due to excess demand.
• The company announced a separate charity flow-through offering of up to 3.75 million units at 69 cents per unit, targeting gross proceeds of up to $2,587,500.
• The company entered into multiple strategic marketing and investor relations agreements with various firms (Investing News Network, Northern Miner Group, Milky Way Marketing/Blue Sun Productions, AI Power Marketing, Dayani Capital, and Krify Software) for cash fees totaling approximately $365,000 CAD/USD combined.

Key Details

• LIFE Offering Closure:
  • Structure: Non-brokered private placement of units under the listed issuer financing exemption.
  • Price: 48 cents per unit.
  • Gross Proceeds: $2.88 million (closed).
  • Additional Units: Up to $700,000 in additional LIFE units on similar terms to be closed due to additional demand.
  • Adviser: FMI Securities Inc. acted as special adviser and selling group member.
• Charity Flow-Through Offering:
  • Status: Intended to close (previously announced).
  • Size: Up to 3.75 million charity flow-through units.
  • Price: 69 cents per unit.
  • Gross Proceeds: Up to $2,587,500.
• Warrant Terms (LIFE Units):
  • Each unit includes one common share and one transferrable common share purchase warrant.
  • Exercise Price: 75 cents per share.
  • Term: 24 months from issuance.
  • Accelerated Expiry: Warrants expire early if the closing price of common shares on the CSE is equal to or above 90 cents for 14 consecutive trading days, with 30 business days' notice.
• Finder’s Fees:
  • Cash Fee: Aggregate $144,651 paid.
  • Equity: 301,355 non-transferable finders' warrants issued.
  • Warrant Terms: Exercise price of 75 cents, term of 24 months.
• Use of Proceeds:
  • Advancement of exploration initiatives at the Swanson gold project.
  • Operational purposes at the Beacon gold mill.
  • Working capital and general corporate expenses.
• Related Party Transaction:
  • An executive officer subscribed for 7,500 LIFE units for $3,600.
  • Exempt from valuation and minority approval requirements under MI 61-101 as the value does not exceed 25% of market capitalization.
• Investor Relations & Marketing Agreements:
  • Investing News Network (INN): 12-month agreement (Sept 25, 2025 – Sept 25, 2026) for $163,000 CAD + GST. Services include digital campaigns, news distribution, and syndication.
  • Northern Miner Group: 12-month agreement (Aug 6, 2025 – Aug 6, 2026) for $55,000 CAD + GST. Services include digital ads, email sponsorships, and podcasts.
  • Milky Way Marketing Inc. / Blue Sun Productions (BTV): ~6 weeks (started Sept 1, 2025) for $28,000 CAD + GST. Services include TV ad spots, 50 BNN Bloomberg broadcasts, stock ticker ads, and newsletter eblasts.
  • AI Power Marketing Inc. (Midas Letter): Indefinite term until completion (started Aug 18, 2025) for $50,000 CAD + HST. Services include landing page development, video production, and digital marketing.
  • Dayani Capital Corp.: 1-month trial (started Aug 11, 2025) for $50,000 USD + GST. Services include investor relations, digital marketing, and traffic generation to a hosted landing page.
  • Krify Software Technologies: Ended Sept 12, 2025 (launched Sept 9, 2025) for $19,000 USD. Services included online investor targeting (Google/Meta ads), website optimization, and landing page for the Precious Metals Summit.
• Compensation Structure: None of the independent contractors or agencies received equity (shares, options, or warrants) as compensation; all were paid in cash.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.