Core Viewpoint - LaFleur Minerals Inc. has successfully closed a non-brokered flow-through private placement, raising gross proceeds of $1.66 million to fund exploration and drilling activities at its Swanson Gold Deposit [1][4]. Financial Summary - The private placement generated aggregate gross proceeds of $1,663,370 through the issuance of 2,410,682 flow-through units at a price of $0.69 per unit [1]. - Each flow-through unit consists of one common share and one share purchase warrant, with the warrants exercisable at $0.75 for a period of 24 months [2][3]. Use of Proceeds - Proceeds from the flow-through units will be allocated to exploration and drilling programs at the Swanson Gold Project, including ore-sorting and metallurgical testwork [4]. - The company aims to support mineral resource estimates and assess the economic viability of the Swanson Gold Deposit [4]. Project Development - LaFleur Minerals is collaborating with ERM to complete a Preliminary Economic Assessment (PEA) for the potential restart of gold production at its Beacon Gold Mill, which will process material from the Swanson Gold Deposit [5]. - The Swanson Gold Project spans approximately 18,304 hectares and includes several gold-rich prospects [10]. Regulatory and Tax Considerations - The securities issued under the offering are subject to a hold period of four months plus one day from the date of issue [2]. - The company will renounce qualifying expenditures related to the flow-through shares, which will be effective no later than December 31, 2025 [5][7].

Core Points - Giga Metals Corp. has successfully closed the first tranche of its non-brokered private placement financing, which was announced on July 17, 2025 [1][2] - The first tranche raised gross proceeds of $310,414 from the sale of 3,449,039 flow-through units at $0.09 each and $156,000 from 1,950,000 hard dollar units at $0.08 each [2] - The proceeds from the flow-through offering will be allocated to advance the Turnagain project and other potential Canadian properties, with a commitment to incur eligible Canadian exploration expenses [4] Financial Details - Each flow-through unit consists of one common share and one purchase warrant, while each hard dollar unit consists of one common share and one purchase warrant [3] - The warrants are exercisable at $0.11 for three years, expiring on July 30, 2028 [3] - Finder's fees for the offering amounted to $24,738 in cash and 281,488 finder's warrants, which are also exercisable into common shares at $0.08 each for three years [5] Future Plans - A second tranche of the private placement is expected to close around August 13, 2025, pending necessary regulatory approvals [6] - The Turnagain Project, which is a significant undeveloped sulphide nickel and cobalt resource, is the core asset of Giga Metals Corporation [8]