Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) and may include paid advertising.
- LaFleur Minerals upsized a previously announced LIFE offering due to investor demand, up to $4.5 million, as part of a non-brokered private placement to fund production restart at its Beacon Gold Mill
- The offering is taking place in tandem with a flow-through-eligible (“FT”) offering for gross proceeds up to $1.5 million to fund operations at its Swanson Gold Project
- Beacon Gold Mill was acquired by LaFleur in a state of readiness to resume operations pending a few equipment upgrades, and this round of financing provides full capital for up to 750 tpd gold production restart
- Gold is enjoying a banner year, striking record territory 50 times during 2025 and sustaining prices above $4,000 per ounce for the last few months, with LaFleur providing a simple and affordable way of investing in what is developing as a long-term gold rush
Gold explorer and near-term producer LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is upsizing an investment opportunity previously announced on Dec. 15 due to high demand of the offering, adding the potential for more investor access as the company prepares for the launch of its flagship operation in the renowned Abitibi Gold Belt, in Val d’Or, Quebec, early in the new year. With this financing, LaFleur Minerals will be fully funded for restart of gold production operations at its Beacon Gold Mill located ~50km from its advanced stage exploration project and primary source of mineralized material, the Swanson Gold Project.
The offering regulated under the terms of Canada’s Listed Issuer Financing Exemption (“LIFE”) is expected to close on or about Dec. 31 but is no longer subject to an accelerated expiry clause that was part of the…
NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF
Qualified Person Statement:
All scientific and technical information contained in this article has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company and considered a Qualified Person for the purposes of NI 43-101.
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