LIFE Units

Search documents
LaFleur Minerals Closes Fully Subscribed LIFE Offering and Announces Investor Relations Partnerships
Newsfile· 2025-09-10 14:02
Core Viewpoint - LaFleur Minerals Inc. has successfully completed a non-brokered private placement, raising gross proceeds of $2,880,000 through the LIFE Offering, and plans to conduct an additional placement due to high demand [1][2]. Financing Details - The LIFE Offering consisted of units priced at $0.48 each, with each unit comprising one common share and one warrant, allowing the purchase of an additional share at $0.75 for 24 months [1][4]. - The company is also set to close a charity flow-through offering, aiming to raise up to $2,587,500 by selling up to 3,750,000 units at $0.69 each [1]. - A cash finder fee of $144,651 was paid, along with the issuance of 301,355 finders' warrants [6]. Use of Proceeds - Proceeds from the LIFE Offering will be allocated to exploration initiatives at the Swanson Gold Project, operational purposes at the Beacon Gold Mill, and general corporate expenses [7]. Insider Participation - An executive officer of the company participated in the LIFE Offering, subscribing for 7,500 units, which is classified as a related party transaction [8][10]. Investor Relations Engagements - The company has engaged multiple independent contractors and agencies for strategic marketing and investor relations to enhance communication and exposure [12]. - Specific agreements include: - Investing News Network for digital campaigns, with a fee of $163,000 for services over 12 months [13]. - Northern Miner Group for advertising services, with a fee of $55,000 for 12 months [14]. - BTV for marketing and broadcast services, with a fee of $28,000 for approximately 6 weeks [15]. - Midas Letter for digital marketing campaigns, with a fee of $50,000 for an indefinite term [17]. - Dayani Capital Corp for investor relations services, with a fee of $50,000 for a one-month trial [18]. - Krify Software Technologies for online investor targeting, with a fee of $19,000 for services until September 12, 2025 [19]. 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, which have significant potential for long-term value [21][22].
Vanguard Mining Announces Closing of Private Placement of Units
Thenewswire· 2025-08-01 22:00
Core Viewpoint - Vanguard Mining Corp. has successfully closed a non-brokered private placement of units, raising gross proceeds of $1,924,444.65 for exploration and working capital purposes [1][4]. Group 1: Offering Details - The LIFE Units were priced at $0.15 each, consisting of one common share and one-half of a transferable common share purchase warrant [1]. - Each whole LIFE Warrant allows the holder to purchase an additional share at $0.22 for 18 months, with an acceleration clause if the share price exceeds $0.32 for five consecutive trading days [1]. - The offering was made under the Listed Issuer Financing Exemption, allowing sales to purchasers in all Canadian provinces except Quebec, with no hold period for the securities [2]. Group 2: Financial Aspects - The company paid a finder fee of $131,755.60 and issued 878,371 non-transferable finders' warrants, each allowing the purchase of a common share at $0.22 for 18 months [3]. - The proceeds from the offering will be allocated to exploration programs on mineral properties and general working capital [4]. Group 3: Company Overview - Vanguard Mining Corp. is focused on discovering and developing strategic minerals, particularly uranium, in the U.S. and Paraguay [6]. - The company aims to identify and develop assets critical to the global energy transition, emphasizing responsible exploration and value creation [6].