LaFleur Minerals Launches C$1 Million Private Placement to Restart Beacon Gold Operations

LaFleur Minerals ( (TSE:LFLR) ) just unveiled an update.

LaFleur Minerals Inc. has launched a non-brokered hard dollar private placement of up to 2,000,000 units at C$0.50 per unit to raise as much as C$1 million, following strong investor demand for its previously announced offerings. Each unit consists of one common share and one warrant exercisable at C$0.75 for 36 months, with closing expected around January 5, 2026, and a standard Canadian hold period applying. The proceeds will primarily fund commissioning and the restart of gold production at the company’s wholly owned Beacon Gold Mine and Mill, advance work at the Swanson Gold Project in Val-d’Or, Québec, and provide general working capital, while also supporting LaFleur’s strategy to leverage its mill and land package to enhance its production profile and service other nearby gold projects.

The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$1.10 price target. To see the full list of analyst forecasts on LaFleur Minerals stock, see the TSE:LFLR Stock Forecast page.

More about LaFleur Minerals

LaFleur Minerals Inc. is a Canadian gold exploration and development company focused on district-scale projects in the Abitibi Gold Belt near Val-d’Or, Québec. The company’s core assets include the resource-stage Swanson Gold Deposit and the fully refurbished, permitted Beacon Gold Mill, which can process over 750 tonnes per day and is being considered both for processing mineralized material from Swanson and for custom milling for nearby gold projects. LaFleur has consolidated a large land package along a major structural break hosting multiple gold deposits and showings, positioning it as a potential regional processing and development hub.

Average Trading Volume: 166,784

Technical Sentiment Signal: Buy

Current Market Cap: C$36.52M

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