- LaFleur Minerals has engaged FMI Securities and FM Global Markets to raise up to C$5 million in debt financing.
- The capital will be used to restart production at their fully permitted Beacon Gold Mill in Val-d’Or, Québec.
- The company also launched two equity offerings: a LIFE private placement and a charity flow-through unit offering, which together could raise over C$5.4 million in additional capital.
- LaFleur’s strategy focuses on near-term production at its Beacon Gold Mill, sourcing material from the Swanson Gold Deposit and other surrounding projects, highlighted by current gold prices and production-ready infrastructure as key advantages.
LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0), a Canadian near-term gold producer, is moving forward with its plans to restart gold production at its wholly owned Beacon Gold Mill by securing corporate finance advisors and expanding its capital-raising efforts (https://ibn.fm/O5qUa).
On July 25, the company announced it had engaged FMI Securities Inc. and FM Global Markets Inc. to raise up to C$5 million in secured debt financing. If acquired, these funds would be earmarked for restarting operations at the Beacon Gold Mill, a fully permitted and recently refurbished facility located…
NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at ibn.fm/LFLRF
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