Business
LaFleur Minerals Closes LIFE, Flow Thru and Final Hard Dollar Offering for $900,000 to Complete Total of $7,800,421 Funding to Restart Beacon Gold Mill Production Operations in Abitibi Greenstone Belt
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce that, further to its news release dated December 29, 2025, it has closed a non-brokered hard dollar private placement for a total of 1,800,000 units of the Company (the "Units") at a price of $0.50 per Unit, for gross proceeds of $900,000 (the "Hard Dollar Offering"). Each Unit issued consists of one (1) common...
About this update from Lafleur Minerals Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") is pleased to announce that, further to its news release dated December 29, 2025, it has closed a non-brokered hard dollar private placement for a total of 1,800,000 units of the Company (the "Units") at a price of $0.50 per Unit, for gross proceeds of $900,000 (the "Hard Dollar Offering"). Each Unit issued consists 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. 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":1114,"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, and for general working capital purposes.","length":311,"tagName":"p"},{"type":"text","content":"The Company has paid qualified finders and brokers a cash commission of $63,000, or 7% of the aggregate gross proceeds of the Hard Dollar Offering, and a total of 126,000 broker warrants (the "Broker Warrants"). Each Broker Warrant will entitle the holder to purchase one Common Share at an exercise price equal to the Offering Warrant Price for a period of 24 months following the Closing Date.","length":405,"tagName":"p"},{"type":"text","content":"TOTAL FINANCING OF $7,800,421. ","length":30,"tagName":"p"},{"type":"text","content":"This milestone is a strategic inflection point for LaFleur as the Company transitions from exploration to near-term gold production and value creation, providing strong financial momentum as the Company advances toward restarting gold production at its wholly-owned and recently update...