LaFleur Minerals Inc. Completes Hard Dollar Offering and Secures Total Funding of $7.8 million
Vancouver, British Columbia – LaFleur Minerals Inc. (CSE: LFLR, FSE: 3WK0) announced on 5 January 2026 that it has closed a non‑brokered hard dollar private placement and other financing mechanisms, bringing the total capital raised to $7,800,421. The new capital will be directed toward restarting production at the company’s Beacon Gold Mine and Mill in the Abitibi Greenstone Belt, as well as supporting operations at the Swanson Gold Project in Val‑d’Or, Québec.
Key Elements of the Financing
| Item | Detail |
|---|---|
| Units sold | 1,800,000 |
| Unit price | $0.50 |
| Gross proceeds | $900,000 |
| Unit composition | 1 common share + 1 common‑share purchase warrant |
| Warrant exercise price | $0.75 per share |
| Warrant term | 36 months from closing |
| Statutory hold period | 4 months and 1 day (Canada) |
The hard dollar offering represents the final tranche of a series of financing steps that began with a LIFE and Flow‑Thru offering on 29 December 2025. The combined funding from all tranches totals $7,800,421.
Allocation of Funds
LaFleur Minerals has outlined the following uses for the proceeds:
- Commissioning and Restart of Beacon Gold Production – The bulk of the capital will finance the re‑commissioning of the Beacon Gold Mine and Mill, enabling the company to resume gold extraction operations in the Abitibi Greenstone Belt.
- Operations at the Swanson Gold Project – Additional funds will support exploration and development activities at the Swanson Gold Project, which encompasses 445 mineral claims and one mining lease covering 18,300 hectares.
- General Working Capital – The remaining proceeds will be allocated to working‑capital requirements, ensuring liquidity for day‑to‑day operations and future project phases.
Company Context
LaFleur Minerals Inc. is headquartered in Vancouver, Canada, and focuses on lithium and gold exploration. Its portfolio includes:
- Swanson Gold Project – Located in Val‑d’Or, Québec, covering 18,300 ha.
- Beacon Gold Mill and Property – Situated in the Abitibi Gold Belt, Québec, comprising 11 mining claims and one mining lease.
The company’s market capitalization is CAD 32,465,058, with a 52‑week high of CAD 0.79 and a 52‑week low of CAD 0.115. As of 1 January 2026, the closing share price was CAD 0.44, and the price‑to‑earnings ratio stands at –3.84.
Forward Outlook
With the final tranche of financing secured, LaFleur Minerals is positioned to accelerate the restart of its Beacon Gold operations and to advance exploration activities at Swanson. The company’s management has indicated that the successful completion of this offering will provide the necessary capital to achieve operational milestones and to pursue further development opportunities within its gold and lithium asset base.
