This article has been disseminated on behalf of LaFleur Minerals and may include paid advertising.
LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) announced it has selected Trafigura Canada Limited to arrange and provide a prepayment financing facility of up to C$30 million along with a gold doré offtake agreement to support development of the Swanson Gold Deposit and operations at the Beacon Gold Mill in Québec, subject to definitive agreements and due diligence. The proposed facility, which includes no commodity hedging requirements and an initial tranche of up to C$15 million, is expected to fund ramp-up toward 1,250 tonnes per day processing capacity while providing a pathway for future expansion to 3,000–4,000 tpd, as the company advances toward a targeted first gold pour in the second quarter of 2026.
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