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LaFleur Minerals Inc. Announces Successful Financing to Propel Gold Production

Overview of LaFleur Minerals Inc.

Vancouver, British Columbia—(Newsfile Corp. – December 30, 2025) – LaFleur Minerals Inc. (CSE: LFLR) (FSE: 3WK0), referred to here as "LaFleur Minerals," "the Company," or the "Issuer," is excited to report the successful completion of its previously announced non-brokered private placement. This initiative involved issuing units of the Company, named "LIFE Units," at a valuation of $0.50 per Unit under the Listed Issuer Financing Exemption (as defined herein), achieving an upsized gross total of $4,695,000. This financing has been dubbed the "LIFE Offering." In addition, the Company has also finalized its Flow-Through Offering (the "FT Units"), priced at $0.60 per flow-through unit, resulting in an oversubscribed gross amount of $2,205,421.

Financing Highlights and Strategic Implications

With both these financing rounds successfully closed, driven by high demand and oversubscription, LaFleur is now adequately funded for the anticipated restart of its Beacon Gold Mill. This funding will facilitate sourcing mineralized material from the adjacent Swanson Gold Project, beginning with an estimated 10,000-20,000 metric tons (mt) of mineralized stockpiles available on-site at the Company’s wholly-owned Beacon Gold Mill.

FMI Securities Inc. acted as a special advisor and a member of the selling group for the completed LIFE and FT Offerings, attracting participation from key investment banking and advisory firms. Notable collaborators included Red Cloud Securities Inc., Ventum Financial Corp., Canaccord Genuity Group Inc., Research Capital Corp., Raymond James Ltd., and Stonegate Securities Ltd.

Beacon Gold Mill: A High-Value Infrastructure Asset

Unique Positioning in the Market

LaFleur is distinctly positioned as one of the rare junior gold companies in Canada that possesses a fully permitted and existing gold mill. This strategic asset provides the Company with a more straightforward pathway to cash flow, bypassing the typically lengthy timelines, dilution risks, and high capital requirements commonly associated with new mill construction. The completion of these financial initiatives significantly mitigates the operational risks of LaFleur’s business model, allowing the Company to directly transition into gold production at its Beacon Gold Mill. By leveraging this position, LaFleur aims to unlock additional value from the nearby Swanson Gold Project.

This vertically integrated approach enables LaFleur to manage the entire value chain, from mineralized material all the way to doré production. This operational strategy not only enhances the potential for early revenues but also captures margins effectively while increasing shareholder value.

Attributes of the Beacon Gold Mill

LaFleur’s fully-owned Beacon Gold Mill stands out as a uniquely strategic asset within the Abitibi Gold Belt. This 750 tpd mill is in excellent condition, fully constructed, and ready for operations, drastically reducing execution risks and capital obligations typically associated with greenfield development ventures. With funding now secured, the Company plans to reinitiate mill operations and pivot toward gold production. Preliminary Economic Assessment (PEA) results are expected by mid-January, positioning LaFleur to emerge as the latest producer in one of the world’s most prolific gold districts. The PEA, led by Environmental Resources Management (ERM)—a reputed global mining and environmental consulting firm—aims to evaluate the viability of restarting gold production at the Beacon Gold Mill using mineralized material sourced from the nearby Swanson Gold Deposit, located within the recognized mining camp of Val-d’Or, Québec.

Owning the Beacon Gold Mill grants LaFleur operational flexibility, allowing the processing of both its own mineralized materials and potentially third-party submissions from regional deposits. This dimension of operational capability opens up additional revenue avenues beyond its core assets.

Swanson Gold Project: High-Grade Feed Potential Near the Mill

The Importance of the Swanson Gold Project

The Swanson Gold Project, located just a stone’s throw from the Beacon Gold Mill, serves as a keystone of LaFleur’s production strategy. The project showcases various high-grade gold mineralization occurrences within the Abitibi Greenstone Belt, a region with a historical output exceeding 200 million ounces of gold. The Company plans to enhance Swanson as the primary source of mill feed, leveraging short transportation distances to minimize operational costs while improving project economics.

With funding now in place, LaFleur is poised to intensify exploration and development activities at the Swanson site, targeting the identification and definition of high-grade, near-surface zones amenable to swift production transitions. This strategy aligns with a low-capex, staggered production model designed to generate cash flow while steadily enriching the resource base.

Beacon-Swanson Synergy: Path to Value Creation

The unique combination of a wholly-owned, ready-to-restart gold mill and an adjacent, district-scale gold project with high-grade potential positions LaFleur Minerals as a standout junior gold entity with a clear and actionable growth trajectory. The successful financing enables the Company to advance confidently towards production, decrease financing risks, and concentrate on operational execution.

Financing Details: LIFE and Flow-Through Offerings

LIFE Offering Components

Each LIFE Unit comprises one common share in the Company’s capital (also known as a "LIFE Share") and one transferrable common share purchase warrant (termed a "LIFE Warrant"). These Warrants permit the holder to purchase one additional common share at $0.75 for a duration of 36 months post-issuance. This offering was made available to residents across Canada, except Quebec.

Flow-Through Offering Features

Each unit of the Flow-Through Offering includes one common share, classified as a "flow-through share" concerning the Income Tax Act (Canada), and one transferrable common share purchase warrant (designated as an "FT Warrant"). Similar to aforementioned Warrants, these enable the purchase of additional shares at $0.75 for a 24-month term from the issue date.

Financial Fees and Allocation of Proceeds

The Company incurred a cash finder fee totaling $480,229.43 in connection with the LIFE and FT Offerings. The gross proceeds will primarily support exploration activities at the Swanson Gold Project and operational needs for restarting gold production at the Beacon Gold Mill, along with covering general corporate expenses.

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Cautionary Statement Regarding Forward-Looking Information

This release contains forward-looking statements that may entail uncertainty. All statements regarding anticipated events or developments are forward-looking and involve risks and uncertainties. Factors may cause actual outcomes to differ materially from such statements, including market prices, capital availability, and general economic conditions.

Conclusion

In conclusion, LaFleur Minerals Inc. is strategically poised for growth, readying itself for gold production and realizing substantial shareholder value through the synergies of its Beacon Gold Mill and the Swanson Gold Project. The successful financing initiatives bolster the Company’s operational capabilities while enabling it to forge ahead in one of the world’s most promising gold districts.

About LaFleur Minerals Inc.

LaFleur Minerals Inc. is committed to advancing district-scale gold projects within the Abitibi Gold Belt near Val-d’Or, Québec. Our focus revolves around the promising Swanson Gold Deposit and the operational Beacon Gold Mill, both of which hold significant long-term value potential.

Contact:

Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
Email: [email protected]
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7

This announcement is not an offer to sell or solicitation of offers to buy securities in the United States or any jurisdiction where such an offer would be illegal. The securities referred to herein have not been registered under the U.S. Securities Act and may not be sold without exemption. LaFleur Minerals Inc. enforces principles of ethical governance and duly adheres to the highest standards of compliance.

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