Mr. Paul Teniere reports
LAFLEUR MINERALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$1,000,000
Due to additional demand to participate in the listed issuer financing exemption offering, Lafleur Minerals Inc. has arranged a non-brokered hard-dollar private placement offering of up to two million units of the company at a price of 50 cents per unit for gross proceeds of up to $1-million. Each unit will consist of one common share in the capital of the company and one common share purchase warrant granting the holder the right to purchase one additional common share of the company at a price of 75 cents at any time on or before 36 months from the closing date (defined below).
The closing of the hard-dollar offering is expected to occur on or about Jan. 5, 2026, 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 months and one day from the closing of the offering in accordance with applicable Canadian securities laws.
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, Que., as well as for general working capital purposes.
The company has agreed to pay qualified finders and brokers a cash commission of 7.0 per cent of the aggregate gross proceeds of the hard-dollar offering and such number of broker warrants as is equal to 7.0 per cent 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.
The company continues to progress in the closing of its previously announced non-brokered private placement LIFE offering and flow-through offering further to its news releases dated Dec. 15, 2025, and Dec. 16, 2025.
About Lafleur Minerals Inc.
Lafleur is focused on the development of district-scale gold projects in the Abitibi gold belt near Val d'Or, Que. Its mission is to advance mining projects with a laser focus on its resource-stage Swanson gold deposit 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 and 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.
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