LaFleur Minerals Files Amended and Restated Offering Document
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0) ("LaFleur Minerals" or the "Company" or "Issuer") announces that, further to its news release dated July 30, 2025, the Company has revised the offering amounts for its previously announced financings.
LIFE Offering
The Company will now be conducting a non-brokered private placement offering of a minimum of 3,125,000 units of the Company (the "Units") at a price of $0.48 per Unit for minimum gross proceeds of approximately $1,500,000 (the "Minimum LIFE Offering") and a maximum of 6,000,000 Units for maximum gross proceeds of approximately $2,880,000 (the "Maximum LIFE Offering" and together with the Minimum LIFE Offering, the "LIFE Offering"). Each Unit will consist of one (1) common share in the capital of the Company (each a "Common Share") and one (1) Common Share purchase warrant (a "Warrant") granting the holder the right to purchase one (1) additional Common Share (a "Warrant Share") at a price of $0.75 at any time on or before 24 months from the Closing Date (defined below). The Warrants will be subject to an accelerated expiry upon thirty (30) business days' notice from the Company in the event the closing price of the Common Shares on the Canadian Securities Exchange (the "CSE") is equal to or above a price of $0.90 for fourteen (14) consecutive trading days any time after closing of the Offering.
The gross proceeds from the LIFE Offering will be used for the advancement of exploration initiatives at the Company's Swanson Gold Project and for operational purposes at the Beacon Gold Mill, in addition to working capital and general corporate expenses.
The Units will be offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, to purchasers resident in Canada, excluding Quebec, and other qualifying jurisdictions.