on LaFleur Minerals Inc. (CVE:LFLR)
LaFleur Minerals Upsizes Equity Offering to C$10 Million Due to High Demand
LaFleur Minerals Inc. announced a significant upsize in its bought deal equity offerings, raising the gross proceeds target from C$8 million to C$10 million. The company, in collaboration with Red Cloud Securities Inc., has made this adjustment responding to robust investor interest. If additional options are exercised, total gross proceeds could reach C$11.5 million.
The upgraded offering includes 10 million units at C$0.50 each, with proceeds to revitalize its Beacon Gold Mine and explore the Swanson Gold Project in Québec. The units comprise one common share and a warrant, exercisable at C$0.75 for 36 months.
Proceeds from the offer will also facilitate eligible "Canadian exploration expenses." The closing is set for June 9, 2026, pending necessary regulatory approvals.
R. H.
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