THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES
Introduction
VANCOUVER, BC – December 30, 2025, LaFleur Minerals Inc. (CSE: LFLR, FSE: 3WK0) (“LaFleur Minerals” or the “Company” or “Issuer”) is pleased to announce that, further to its news releases dated December 15, 2025 and December 16, 2025, the Company has completed its previously announced non-brokered private placement of units of the Company (the “LIFE Units”) at a price of $0.50 per Unit under the Listed Issuer Financing Exemption for an upsized amount and gross proceeds of $4,695,000 (the “LIFE Offering”). The Company also announces that it has closed its previously announced Flow-Through Offering (the “FT Units”) at a price of $0.60 per flow-through unit for an oversubscribed amount and gross proceeds of $2,205,421.
With both these financings closed, upsized due to demand and oversubscribed, LaFleur is now funded for the restart of its Beacon Gold Mill, intending to source mineralized material from its nearby Swanson Gold Project, and starting with an estimated 10,000 – 20,000 mt of mineralized stockpiles remaining on the site of its wholly-owned Beacon Gold Mill.
FMI Securities Inc. acted as a special advisor and selling group member on the closed LIFE and FT Offerings, along with participation from other key investment banks and advisory firms such as:
- Red Cloud Securities Inc.
- Ventum Financial Corp.
- Canaccord Genuity Group Inc.
- Research Capital Corp.
- Raymond James Ltd.
- Stonegate Securities Ltd.
Beacon Gold Mill: A Strategic, High-Value Infrastructure Asset
The Company is uniquely positioned as one of the few junior gold companies in Canada that owns a fully permitted, existing gold mill, providing a clear pathway to cash flow without the long timelines, dilution, and capital intensity typically associated with mill construction. The completion of these financings materially de-risks LaFleur’s business model, enabling the Company to advance directly into gold production at its Beacon Gold Mill while simultaneously unlocking value from its nearby Swanson Gold Project. This vertically integrated strategy allows LaFleur to control the full value chain, from mineralized material to doré, creating the potential for early revenue generation, margin capture, and shareholder value accretion.
LaFleur’s wholly-owned Beacon Gold Mill represents a rare and highly strategic asset within the Abitibi Gold Belt. The 750 tpd mill is fully constructed, in good condition, permitted, historically proven, and ready for restart of operations, significantly reducing execution risk and capital requirements compared to greenfield development scenarios. With funding now secured, the Company intends to restart mill operations and advance toward gold production, with impending Preliminary Economic Assessment (“PEA”) results expected mid-January. Led by Environmental Resources Management (ERM), the PEA evaluates restarting gold production at the Beacon Gold Mill using mineralized material from the nearby Swanson Gold Deposit in Val-d’Or, Québec. Ownership of the Beacon Gold Mill provides LaFleur with operational flexibility and optionality, including the ability to process mineralized material from its own project and potentially third-party feed from regional deposits, creating additional revenue opportunities beyond its core assets.
Swanson Gold Project: High-Grade Feed Potential Close to the Mill
The Swanson Gold Project, located in close proximity to the Beacon Gold Mill, is a cornerstone of LaFleur’s production strategy. The project hosts various showings of high-grade gold mineralization within the Abitibi Greenstone Belt, positioned in an area renowned for producing over 200 million oz of gold historically. The Company plans to advance Swanson as a primary source of mill feed, leveraging short haul distances to reduce operating costs and enhance project economics. With funding in place, LaFleur can aggressively advance exploration and development activities at Swanson, targeting the definition of near-surface, high-grade zones that could be rapidly transitioned into production. This approach supports a low-capex, staged production model designed to generate cash flow while continuing to grow the resource base.
Beacon-Swanson Synergy: A Clear Path to Value Creation
The combination of a wholly-owned, restart-ready gold mill and a nearby, district-scale gold project with high-grade potential positions LaFleur Minerals as a differentiated junior gold company with a clear and executable growth strategy. Being funded enables the Company to move decisively toward production, reduce financing risk, and focus on operational execution. Management believes this milestone places LaFleur in a strong position to deliver near-term production, establish cash flow, and build a scalable gold platform in Québec, creating long-term value for shareholders as the Company advances toward becoming a sustainable gold producer.
Financing Details
- LIFE Offering
- Each Unit consists of one common share (a “LIFE Share”) and one transferable common share purchase warrant (a “LIFE Warrant”).
- Each LIFE Warrant entitles the holder to purchase one additional common share at $0.75 for 36 months from issuance.
- Flow-Through Offering
- Each Unit consists of one flow-through common share (a “FT Share”) and one transferable common share purchase warrant (a “FT Warrant”).
- Each FT Warrant entitles the holder to purchase one additional common share at $0.75 for 24 months from issuance.
- Warrants are subject to accelerated expiry if the CSE closing price equals or exceeds $0.90 for 14 consecutive trading days.
- Finders’ Compensation
- Aggregate cash finder fee: $480,229.43.
- Aggregate non-transferable finders’ warrants issued: 909,466, each exercisable at $0.75 for 24 months.
- Use of Proceeds
- Advancement of exploration at the Swanson Gold Project.
- Operational restart of the Beacon Gold Mill.
- Working capital and general corporate expenses.
Securities Laws Notice
This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent an exemption from registration under the U.S. Securities Act and applicable U.S. state securities laws. “United States” and “U.S. person” are as defined in Regulation S under the U.S Securities Act.
About LaFleur Minerals Inc.
LaFleur Minerals Inc. (CSE: LFLR, FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km²) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Mineral’s fully refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.
Company Contact
ON BEHALF OF LAFLEUR MINERALS INC.
Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding “Forward-Looking” Information
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES
Introduction
VANCOUVER, BC – December 30, 2025, LaFleur Minerals Inc. (CSE: LFLR, FSE: 3WK0) (“LaFleur Minerals” or the “Company” or “Issuer”) is pleased to announce that, further to its news releases dated December 15, 2025 and December 16, 2025, the Company has completed its previously announced non-brokered private placement of units of the Company (the “LIFE Units”) at a price of $0.50 per Unit under the Listed Issuer Financing Exemption for an upsized amount and gross proceeds of $4,695,000 (the “LIFE Offering”). The Company also announces that it has closed its previously announced Flow-Through Offering (the “FT Units”) at a price of $0.60 per flow-through unit for an oversubscribed amount and gross proceeds of $2,205,421.
With both these financings closed, upsized due to demand and oversubscribed, LaFleur is now funded for the restart of its Beacon Gold Mill, intending to source mineralized material from its nearby Swanson Gold Project, and starting with an estimated 10,000 – 20,000 mt of mineralized stockpiles remaining on the site of its wholly-owned Beacon Gold Mill.
FMI Securities Inc. acted as a special advisor and selling group member on the closed LIFE and FT Offerings, along with participation from other key investment banks and advisory firms such as:
- Red Cloud Securities Inc.
- Ventum Financial Corp.
- Canaccord Genuity Group Inc.
- Research Capital Corp.
- Raymond James Ltd.
- Stonegate Securities Ltd.
Beacon Gold Mill: A Strategic, High-Value Infrastructure Asset
The Company is uniquely positioned as one of the few junior gold companies in Canada that owns a fully permitted, existing gold mill, providing a clear pathway to cash flow without the long timelines, dilution, and capital intensity typically associated with mill construction. The completion of these financings materially de-risks LaFleur’s business model, enabling the Company to advance directly into gold production at its Beacon Gold Mill while simultaneously unlocking value from its nearby Swanson Gold Project. This vertically integrated strategy allows LaFleur to control the full value chain, from mineralized material to doré, creating the potential for early revenue generation, margin capture, and shareholder value accretion.
LaFleur’s wholly-owned Beacon Gold Mill represents a rare and highly strategic asset within the Abitibi Gold Belt. The 750 tpd mill is fully constructed, in good condition, permitted, historically proven, and ready for restart of operations, significantly reducing execution risk and capital requirements compared to greenfield development scenarios. With funding now secured, the Company intends to restart mill operations and advance toward gold production, with impending Preliminary Economic Assessment (“PEA”) results expected mid-January. Led by Environmental Resources Management (ERM), the PEA evaluates restarting gold production at the Beacon Gold Mill using mineralized material from the nearby Swanson Gold Deposit in Val-d’Or, Québec. Ownership of the Beacon Gold Mill provides LaFleur with operational flexibility and optionality, including the ability to process mineralized material from its own project and potentially third-party feed from regional deposits, creating additional revenue opportunities beyond its core assets.
Swanson Gold Project: High-Grade Feed Potential Close to the Mill
The Swanson Gold Project, located in close proximity to the Beacon Gold Mill, is a cornerstone of LaFleur’s production strategy. The project hosts various showings of high-grade gold mineralization within the Abitibi Greenstone Belt, positioned in an area renowned for producing over 200 million oz of gold historically. The Company plans to advance Swanson as a primary source of mill feed, leveraging short haul distances to reduce operating costs and enhance project economics. With funding in place, LaFleur can aggressively advance exploration and development activities at Swanson, targeting the definition of near-surface, high-grade zones that could be rapidly transitioned into production. This approach supports a low-capex, staged production model designed to generate cash flow while continuing to grow the resource base.
Beacon-Swanson Synergy: A Clear Path to Value Creation
The combination of a wholly-owned, restart-ready gold mill and a nearby, district-scale gold project with high-grade potential positions LaFleur Minerals as a differentiated junior gold company with a clear and executable growth strategy. Being funded enables the Company to move decisively toward production, reduce financing risk, and focus on operational execution. Management believes this milestone places LaFleur in a strong position to deliver near-term production, establish cash flow, and build a scalable gold platform in Québec, creating long-term value for shareholders as the Company advances toward becoming a sustainable gold producer.
Financing Details
- LIFE Offering
- Each Unit consists of one common share (a “LIFE Share”) and one transferable common share purchase warrant (a “LIFE Warrant”).
- Each LIFE Warrant entitles the holder to purchase one additional common share at $0.75 for 36 months from issuance.
- Flow-Through Offering
- Each Unit consists of one flow-through common share (a “FT Share”) and one transferable common share purchase warrant (a “FT Warrant”).
- Each FT Warrant entitles the holder to purchase one additional common share at $0.75 for 24 months from issuance.
- Warrants are subject to accelerated expiry if the CSE closing price equals or exceeds $0.90 for 14 consecutive trading days.
- Finders’ Compensation
- Aggregate cash finder fee: $480,229.43.
- Aggregate non-transferable finders’ warrants issued: 909,466, each exercisable at $0.75 for 24 months.
- Use of Proceeds
- Advancement of exploration at the Swanson Gold Project.
- Operational restart of the Beacon Gold Mill.
- Working capital and general corporate expenses.
Securities Laws Notice
This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent an exemption from registration under the U.S. Securities Act and applicable U.S. state securities laws. “United States” and “U.S. person” are as defined in Regulation S under the U.S Securities Act.
About LaFleur Minerals Inc.
LaFleur Minerals Inc. (CSE: LFLR, FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km²) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Mineral’s fully refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.
Company Contact
ON BEHALF OF LAFLEUR MINERALS INC.
Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding “Forward-Looking” Information
This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release include, without limitation, statements related to the anticipated use of proceeds from the LIFE Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release include, without limitation, statements related to the anticipated use of proceeds from the LIFE Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
