on LaFleur Minerals Inc. (CVE:LFLR)
LaFleur Minerals Inc. Announces Equity Offerings for C$8 Million
LaFleur Minerals Inc., based in Vancouver, announces a "bought deal" public offering with Red Cloud Securities Inc., aiming to raise gross proceeds of C$8 million. This operation includes the sale of units at C$0.50 and flow-through units at C$0.68 each. Each unit comprises a common share and a purchase warrant for future share acquisition at C$0.75, valid for 36 months post-closing.
Alongside, a private placement offering will occur, with flow-through units priced at C$0.57, facilitated by Red Cloud. Proceeds will fund the restart of gold production at the Beacon Gold Mine and exploration at the Swanson Gold Project in Québec. These financings aim to foster the development of district-scale gold projects and strengthen working capital.
Offerings expect closure around June 9, 2026, subject to regulatory approvals and conditions. The generated funds will bolster the company's ongoing exploratory and production endeavors, excluding operations in the United States.
R. E.
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