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LaFleur Minerals ( (TSE:LFLR) ) has shared an update.
LaFleur Minerals Inc. has engaged FMI Securities Inc. and FM Global Markets Inc. as advisors for a proposed secured debt financing of up to CAD $5,000,000 to restart gold production at the Beacon Gold Mill in Quebec. Additionally, the company announced a non-brokered private placement offering, including LIFE and charity flow-through units, to raise funds for exploration and operational purposes, thereby strengthening its financial position and advancing its projects.
The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$0.83 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. operates in the mining industry, focusing on gold production and exploration. The company is involved in the development of the Beacon Gold Mill in Val d’Or, Quebec, and the Swanson Gold Project, aiming to enhance its gold production capabilities and exploration initiatives.
Average Trading Volume: 219,736
Technical Sentiment Signal: Buy
Current Market Cap: C$33.66M
Learn more about LFLR stock on TipRanks’ Stock Analysis page.