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Early Warning Report Issued Pursuant to National Instrument 62-103
Newsfileยท2025-07-18 21:43

Core Viewpoint - LaFleur Minerals Inc. is undergoing a significant change in ownership structure due to the acquisition of shares by Bullrun Capital Inc., which is controlled by the Issuer's Chairman, Kulwant (Kal) Malhi [1][2]. Group 1: Acquisition Details - On March 14, 2025, Bullrun Capital Inc. acquired 4,000,000 shares of LaFleur Minerals as part of an option agreement that grants the Issuer the exclusive right to acquire a 100% interest in certain mining claims and a mining lease [2]. - Prior to the acquisition, Kulwant (Kal) Malhi held 3,876,246 shares and 251,000 common share purchase warrants, representing approximately 7.39% of the total shares on a non-diluted basis [3]. - After the acquisition, Malhi's holdings increased to 7,876,246 shares and 251,000 common share purchase warrants, representing approximately 13.88% of the total shares on a non-diluted basis [4]. Group 2: Ownership Intentions - The shares were acquired for investment purposes, and Bullrun Capital Inc. may adjust its ownership stake in LaFleur Minerals based on market conditions and other investment opportunities [5].