LaFleur Minerals Expands Investment Offering to Fund Gold Production Restart in Quebec's Abitibi Belt

December 26th, 2025 7:45 PM
By: Newsworthy Staff

LaFleur Minerals has increased a private placement offering to $4.5 million to fully fund the restart of gold production at its Beacon Gold Mill in Quebec, capitalizing on record-high gold prices and positioning the company as a near-term producer in a premier mining region.

LaFleur Minerals Expands Investment Offering to Fund Gold Production Restart in Quebec's Abitibi Belt

LaFleur Minerals Inc. has upsized a previously announced investment offering due to investor demand, increasing the potential gross proceeds to $4.5 million as part of a non-brokered private placement. This financing is intended to fund the production restart at its Beacon Gold Mill. The offering is regulated under Canada's Listed Issuer Financing Exemption and is expected to close on or about December 31. Concurrently, the company is conducting a flow-through-eligible offering for gross proceeds of up to $1.5 million to fund operations at its Swanson Gold Project.

The Beacon Gold Mill was acquired by LaFleur in a state of readiness to resume operations, requiring only a few equipment upgrades. This round of financing provides the full capital required to restart gold production at a rate of up to 750 tonnes per day. The mill is located approximately 50 kilometers from the company's advanced-stage exploration project, the Swanson Gold Project, which will serve as the primary source of mineralized material. This strategic move positions LaFleur as a near-term gold producer in the renowned Abitibi Gold Belt near Val d'Or, Quebec, with operations slated to begin early in the new year.

The financing initiative comes at a time when gold is experiencing a significant market surge. The precious metal has reached record territory 50 times during 2025 and has sustained prices above $4,000 per ounce for the last several months. This favorable market environment creates an opportune moment for LaFleur to advance its production capabilities. The company presents what it describes as a simple and affordable way for investors to participate in what is developing as a long-term gold rush. The increased offering size reflects strong investor interest in gaining exposure to gold production assets in a stable, mining-friendly jurisdiction like Quebec.

LaFleur Minerals, trading on the Canadian Securities Exchange under the symbol LFLR, on the OTCQB under LFLRF, and on the Frankfurt Stock Exchange under 3WK0, is transitioning from a gold explorer to a near-term producer. The successful completion of this financing will enable the company to execute its plan to bring the Beacon Gold Mill back into operation. The mill's proximity to the Swanson Gold Project creates an integrated operational model, reducing transportation costs and logistical complexities. This development is significant for the regional mining economy and for investors seeking exposure to gold production assets without the exploration risk typically associated with junior mining companies.

The technical aspects of the company's projects have been reviewed and approved by Louis Martin, P.Geo., the Exploration Manager and Technical Advisor, who is considered a Qualified Person under NI 43-101 standards. The broader context of this announcement is disseminated through specialized industry communications platforms. For instance, Rocks & Stocks is a platform delivering insights into the mining sector and is part of a larger network within the Dynamic Brand Portfolio at IBN, which facilitates wide distribution of corporate news. More information is available at https://RocksAndStocks.news. The convergence of favorable gold market conditions, strategic asset positioning, and successful capital raising underscores the importance of LaFleur Minerals' latest financing move as it prepares to commence production in one of the world's most prolific gold mining districts.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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