LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Expands LIFE Investment Opportunity Amid Ramp-up to Abitibi Belt Production
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 Dec. 15 announcement (https://nnw.fm/q1jN0 ).
LaFleur Minerals’ LIFE offering of 9 million units is designed to obtain gross proceeds of up to $4.5 million to advance exploration at the approximately 18,304-hectare (45,230-acre) Swanson site and the restart of gold production operations at the company’s wholly-owned Beacon Gold Mine and Mill in the heart of Val-d’Or’s active gold camp in the Quebec greenstone belt.
The Beacon Gold Mill is capable of processing more than 750 metric tons per day and is in a state of readiness, needing only a few equipment upgrades to restart operation after its shutdown three years ago under a different company’s ownership.
At that time, gold was selling at $1,600 an ounce. The precious metal has enjoyed a banner year in 2025, sustaining prices above $4,000 an ounce for the last few months and recently striking new record territory above $4,500 an ounce — the latest in a succession of 50 all-time highs during the year driving gold to be “viewed as a currency rather than a commodity” (https://nnw.fm/WMtbW ).
Beacon is about 50 kilometers from Swanson, and the Beacon Gold Mill is expected to be used to process product from the company’s exploration project. Being situated amid major operators such as Agnico Eagle, Eldorado Gold and Probe Gold/Fresnillo, it also has the potential to contract for custom work with other clients to boost its revenue stream. Existing stockpiles on-site are making it relatively quick to recommission the mill with initial feed and test runs.
Swanson, LaFleur’s primary focus as source of mineralized material to feed the mill, benefits from historical data derived from over 36,000 metres of drilling, including high-grade intervals the company anticipates will lead to open pit mining.
A Preliminary Economic Assessment (“PEA”) led by ERM is expected to be completed within the coming days, drawing on data from the historical drilling as well as new twin-hole drilling and infill to update the resource.
“Because Swanson is so advanced and sitting on an existing mining lease, we can get that into production fairly quickly compared to maybe other deposits in the region,” LaFleur CEO Paul Ténière said during an interview with Crux Investor (https://nnw.fm/4Fbte ).
LaFleur’s expanded LIFE offering is being managed in tandem with a flow-through-eligible offering (FT Offering) that provides investors an additional benefit by transferring the tax deductibility of exploration and development expenses to them. The flow-through offering’s terms, for gross proceeds of up to $1.5 million, have not changed since they were announced in the Dec. 15 statement (https://nnw.fm/7KYnL ).
For more information, visit the company’s website at LaFleurMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://nnw.fm/LFLRF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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 Dec. 15 announcement (https://nnw.fm/q1jN0 ).
LaFleur Minerals’ LIFE offering of 9 million units is designed to obtain gross proceeds of up to $4.5 million to advance exploration at the approximately 18,304-hectare (45,230-acre) Swanson site and the restart of gold production operations at the company’s wholly-owned Beacon Gold Mine and Mill in the heart of Val-d’Or’s active gold camp in the Quebec greenstone belt.
The Beacon Gold Mill is capable of processing more than 750 metric tons per day and is in a state of readiness, needing only a few equipment upgrades to restart operation after its shutdown three years ago under a different company’s ownership.
At that time, gold was selling at $1,600 an ounce. The precious metal has enjoyed a banner year in 2025, sustaining prices above $4,000 an ounce for the last few months and recently striking new record territory above $4,500 an ounce — the latest in a succession of 50 all-time highs during the year driving gold to be “viewed as a currency rather than a commodity” (https://nnw.fm/WMtbW ).
Beacon is about 50 kilometers from Swanson, and the Beacon Gold Mill is expected to be used to process product from the company’s exploration project. Being situated amid major operators such as Agnico Eagle, Eldorado Gold and Probe Gold/Fresnillo, it also has the potential to contract for custom work with other clients to boost its revenue stream. Existing stockpiles on-site are making it relatively quick to recommission the mill with initial feed and test runs.
Swanson, LaFleur’s primary focus as source of mineralized material to feed the mill, benefits from historical data derived from over 36,000 metres of drilling, including high-grade intervals the company anticipates will lead to open pit mining.
A Preliminary Economic Assessment (“PEA”) led by ERM is expected to be completed within the coming days, drawing on data from the historical drilling as well as new twin-hole drilling and infill to update the resource.
“Because Swanson is so advanced and sitting on an existing mining lease, we can get that into production fairly quickly compared to maybe other deposits in the region,” LaFleur CEO Paul Ténière said during an interview with Crux Investor (https://nnw.fm/4Fbte ).
LaFleur’s expanded LIFE offering is being managed in tandem with a flow-through-eligible offering (FT Offering) that provides investors an additional benefit by transferring the tax deductibility of exploration and development expenses to them. The flow-through offering’s terms, for gross proceeds of up to $1.5 million, have not changed since they were announced in the Dec. 15 statement (https://nnw.fm/7KYnL ).
For more information, visit the company’s website at LaFleurMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://nnw.fm/LFLRF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
