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LaFleur Minerals Raising C$8 Million In a Bought-Deal Offering of Share Units
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LaFleur Minerals Raising C$8 Million In a Bought-Deal Offering of Share Units
May 26, 2026 2:13 PM

04:50 PM EDT, 05/26/2026 (MT Newswires) -- LaFleur Minerals ( LFLRF ) said Tuesday it is raising C$8 million in a bought-deal offering of share units.

The company is selling an underwriter a minimum of 10-million units at C$0.50 per unit for minimum gross proceeds of C$5 million under a public offering.

A concurrent bought-deal private placement will sell an undisclosed number of charity flow-through units priced at $0.57. Each unit includes a three-year warrant to buy a share for $0.75.

The company said total gross proceeds could rise to C$9.2 million if over-allotment options are fully exercised.

Proceeds will be used to support the restart of gold production operations at its Beacon Gold Mine and exploration activities at its Swanson Gold Project in Quebec.

Shares of the company closed down C$0.02 to C$0.55 on the Canadian Securities Exchange.

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