Business
LaFleur Minerals Announces Non-Brokered Private Placement for Gross Proceeds of up to C$1,000,000
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") announces that, due to additional demand to participate in the LIFE Offering, the Company announces a non-brokered hard dollar private placement offering of up to 2,000,000 units of the Company (the "Units") at a price of $0.50 per Unit, for gross proceeds of up to $1,000,000 (the "Hard Dollar Offering"). Each Unit will consist of one
About this update from Lafleur Minerals Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 29, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") announces that, due to additional demand to participate in the LIFE Offering, the Company announces a non-brokered hard dollar private placement offering of up to 2,000,000 units of the Company (the "Units") at a price of $0.50 per Unit, for gross proceeds of up to $1,000,000 (the "Hard Dollar Offering"). Each Unit will consist of one (1) common share in the capital of the Company (each a "Common Share") and one (1) Common Share purchase warrant (a "Warrant") granting the holder the right to purchase one (1) additional Common Share of the Company (a "Warrant Share") at a price of $0.75 at any time on or before 36 months from the Closing Date (defined below).","length":910,"tagName":"p"},{"type":"text","content":"The closing of the Hard Dollar Offering is expected to occur on or about January 5, 2026 (the "Closing Date"), or such other earlier or later date as the Company may determine. The securities offered under the Hard Dollar Offering will be subject to a statutory hold period in Canada expiring four (4) months and one day from the closing of the Offering, in accordance with applicable Canadian securities laws.","length":420,"tagName":"p"},{"type":"text","content":"The gross proceeds from the Hard Dollar Offering will be used for the commissioning and restart of gold production operations at the Company's wholly-owned Beacon Gold Mine and Mill, as well as work at the Company's Swanson Gold Project in Val d'Or, Québec, as well as for general working capital purposes.","length":318,"tagName":"p"},{"type":"text","content":"The Company has agreed to pay qualified finders and brokers a cash commission of 7.0% of the aggregate gross proceeds of the Hard Dollar Offering and such number of broker warrants (the "Broker Warrants") as is equal to 7.0% of the number of Units sold under the Hard Dollar Offering. Each Broker Warrant will entitle the holder to purchase one Common Share at an exercise price equal to the Offering Price for a period of 24 months following the Closing Date.","length":470,"tagName":"p"},{"type":"text","content":"The Company continues to pro...