LaFleur Minerals Announces LIFE and Flow-Through Unit Offerings

Core Viewpoint - LaFleur Minerals Inc. is initiating a non-brokered private placement offering to raise up to $4,500,000 through two offerings: the LIFE Offering and the FT Offering, aimed at funding gold production operations and exploration projects [1][2][5]. Group 1: LIFE Offering - The LIFE Offering consists of up to 6,000,000 units priced at $0.50 per unit, with gross proceeds expected to reach $3,000,000 [1]. - Each unit includes one common share and one warrant, allowing the purchase of an additional common share at $0.75 within 24 months [1]. - The proceeds will be allocated to restarting gold production at the Beacon Gold Mine and Mill, and for general working capital [2]. Group 2: FT Offering - The FT Offering will offer up to 2,500,000 flow-through units at $0.60 per unit, aiming for gross proceeds of $1,500,000 [5]. - Each flow-through unit will consist of one common share classified as a "flow-through share" and one warrant with terms similar to those in the LIFE Offering [5]. - Proceeds from the FT Offering will be used for Canadian Exploration Expenses related to the Swanson Gold Project [6]. Group 3: Securities and Regulations - The securities from the LIFE Offering will not have a hold period under Canadian securities laws, while those from the FT Offering will be subject to a four-month hold period [4][7]. - Both offerings are available to purchasers in Canada, excluding Quebec, under the listed issuer financing exemption [3]. Group 4: Commissions and Closing - The company will pay a 7.0% cash commission to qualified finders and brokers on the gross proceeds from both offerings, along with broker warrants [8]. - The expected closing date for both offerings is around December 31, 2025 [9]. Group 5: Company Overview - LaFleur Minerals Inc. focuses on developing gold projects in the Abitibi Gold Belt, particularly the Swanson Gold Deposit and the Beacon Gold Mill [11]. - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects [11]. - The Beacon Gold Mill is capable of processing over 750 tonnes per day and is positioned for both Swanson and custom milling operations [11].