Core Viewpoint - LaFleur Minerals Inc. has amended its non-brokered private placement offering, increasing it to 9,000,000 units at a price of $0.50 per unit, aiming for gross proceeds of up to $4,500,000 to fund gold production operations and general working capital [1][2]. Group 1: Offering Details - The offering consists of units that include one common share and one warrant, allowing the purchase of an additional common share at $0.75 within 36 months [1]. - The offering will not be subject to a hold period under Canadian securities laws [4]. - The closing of the offering is expected around December 31, 2025, or at a date determined by the company [7]. Group 2: Use of Proceeds - Gross proceeds from the offering will be allocated to the commissioning and restart of gold production at the Beacon Gold Mine and Mill, as well as work at the Swanson Gold Project in Quebec [2]. Group 3: Compensation for Finders - The company will pay qualified finders and brokers a cash commission of 7.0% of the gross proceeds from both the LIFE Offering and the FT Offering, along with broker warrants equal to 7.0% of the units sold [6]. Group 4: Company Overview - LaFleur Minerals is focused on developing gold projects in the Abitibi Gold Belt near Val-d'Or, Québec, with significant potential in the Swanson Gold Deposit and the Beacon Gold Mill [9]. - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects previously held by other mining companies [9]. - The Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from the Swanson project [9].
RETRANSMISSION: LaFleur Minerals Upsizes LIFE and Flow-Through Unit Offerings