LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has upsized its previously announced Listed Issuer Financing Exemption (LIFE) offering to up to $4.5 million, reflecting strong investor demand as the company ramps up toward gold production at its Beacon Gold Mill in Val d’Or, Quebec. The non-brokered private placement, originally announced on December 15, will provide full capital for a production restart at the mill, which has a capacity of up to 750 tonnes per day.
The upsized LIFE offering is being conducted alongside a flow-through-eligible (FT) offering for gross proceeds of up to $1.5 million, which will fund operations at the company’s Swanson Gold Project, an advanced-stage exploration asset located approximately 50 kilometers from the mill. Together, these financings are expected to fully fund the restart of gold production at the Beacon Mill, which was acquired in a state of readiness and requires only a few equipment upgrades to resume operations.
The announcement comes as gold continues to perform strongly in 2025, having hit record territory 50 times during the year and sustaining prices above $4,000 per ounce in recent months. LaFleur Minerals aims to provide investors with a straightforward and cost-effective entry point into what is shaping up to be a long-term gold rush. The company’s focus on the Abitibi Gold Belt, one of the world’s most prolific gold-producing regions, underscores its potential for near-term production and value creation.
All scientific and technical information in this article has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company, and a Qualified Person under NI 43-101 standards. For the latest news and updates on LaFleur Minerals, visit the company’s newsroom at https://ibn.fm/LFLRF.
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