FAQ on LaFleur Minerals Inc.'s Financing and Beacon Gold Mill Restart

What is LaFleur Minerals Inc. planning to do with the raised capital?

The capital raised, up to C$5 million in debt financing and over C$5.4 million through equity offerings, is earmarked for restarting production at the fully permitted Beacon Gold Mill in Val-d’Or, Québec.

Who are the financing advisors engaged by LaFleur Minerals Inc.?

LaFleur Minerals has engaged FMI Securities Inc. and FM Global Markets Inc. to raise up to C$5 million in secured debt financing.

What are the two equity offerings launched by LaFleur Minerals Inc.?

The company launched a LIFE private placement and a charity flow-through unit offering, which together could raise over C$5.4 million in additional capital.

Where is the Beacon Gold Mill located?

The Beacon Gold Mill is located in Val-d’Or, Québec.

What is the significance of restarting the Beacon Gold Mill?

Restarting the Beacon Gold Mill is part of LaFleur’s strategy for near-term gold production, leveraging current gold prices and production-ready infrastructure, with material sourced from the Swanson Gold Deposit and surrounding projects.

How can investors stay updated on LaFleur Minerals Inc.’s developments?

Investors can find the latest news and updates relating to LaFleur Minerals Inc. in the company’s newsroom at ibn.fm/LFLRF.

What is Rocks & Stocks?

Rocks & Stocks is a specialized communications platform delivering deep insights into the mining industry, part of the Dynamic Brand Portfolio at IBN, offering various corporate communications solutions.

What advantages does LaFleur Minerals Inc. highlight for its strategy?

LaFleur highlights current gold prices and production-ready infrastructure as key advantages for its strategy focusing on near-term production at the Beacon Gold Mill.