Business
LaFleur Minerals Closes $1.66 Million Flow-Through Offering to Advance Drilling and PEA-Related Work at its Swanson Gold Deposit
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce that, further to its news releases dated July 30, 2025, and September 10, 2025, the Company has closed its non-brokered flow-through private placement for aggregate gross proceeds of $1,663,370 (the "Private Placement"). The Private Placement consisted of the issuance of 2,410,682 flow-through...
About this update from Lafleur Minerals Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce that, further to its news releases dated July 30, 2025, and September 10, 2025, the Company has closed its non-brokered flow-through private placement for aggregate gross proceeds of $1,663,370 (the "Private Placement"). The Private Placement consisted of the issuance of 2,410,682 flow-through units (the "FT Units") at a price of $0.69 per FT Unit, with each FT Unit consisting of one common share in the capital of the Company (a "Share"), to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act"), and one Share purchase warrant (a "Warrant").","length":885,"tagName":"p"},{"type":"text","content":"The securities issued under the Offering will be subject to a hold period ending on the date that is four months plus one day following the date of issue in accordance with applicable securities laws. Each Warrant entitles the holder thereof to purchase one additional Share (a "Warrant Share") for a period of 24 months from the date of issuance at an exercise price of $0.75 per Warrant Share. The Warrants are subject to an accelerated expiry upon thirty (30) business days notice from the Company in the event the Shares trade for fourteen (14) consecutive trading days anytime after four (4) months from closing of the Private Placement at a volume-weighted average price of at least $0.90 on the Canadian Securities Exchange.","length":741,"tagName":"p"},{"type":"text","content":"In connection with closing of the Private Placement, the Company incurred cash finder's fees in the amount of $104,652.14 to certain eligible finders and issued the finders an aggregate of 151,668 non-transferable Share purchase warrants (the "Finder's Warrants"). Each Finder's Warrant is exercisable into a Share (a "Finder's Warrant Share") at a price of $0.75 per Finder's Warrant Share for a period of 24 months from the date of issuance, subject to the same accelerated expiry.","length":523,"tagName":"p"},{"type":"text","content":"Proceeds from the sale of FT Units will be used for e...