LaFleur Minerals Announces Brokered Private Placement of Gold-Linked Convertible Notes to Finance Restart of Gold Production at Beacon Gold Mill

Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce the launch of a brokered private placement of gold-linked convertible notes with a minimum principal amount of $4,000,000 and up to a maximum principal amount of $7,000,000 (the "Gold-Linked Note Financing"). Proceeds from the Gold-Linked Note Financing will be used for general corporate purposes as well as operations, equipment and other expenses related to the restart of the Company's Beacon Gold Mill, a wholly-owned project with mine, mill and tailings pond located near Val d'Or, Québec, in Canada's prolific Abitibi greenstone belt. Additional details on the Gold-Linked Note Financing are included below.

Gold Linked Note Financing:

• The Notes represent an unsecured obligation of the Company, and each Note may be converted, at the option of the holder, into common shares in the capital of the Company ("Common Shares") at a price of $0.80 per Common Share.

• The Notes bear interest at a rate of 12% per annum on the aggregate principal amount of the Notes, calculated and payable semi-annually. The Notes will mature on or around November 30, 2028.

• The principal amount of Notes outstanding will be reduced by the Company on an annual basis on an annual basis (the "Principal Payment Dates"), commencing on January 1, 2027, and ending with the final payment on November 30, 2028.

• On each Principal Payment Date, the Company will also pay a premium equal to the "Gold Premium", being, with respect to any Principal Payment Date, an amount equal to (a) the number of Deposited Ounces to be delivered into escrow in respect of the quarter ending on such date, multiplied by (b) the amount, if any, by which the current gold price (the "London Gold Fix" price per ounce (in U.S. dollars) as of the 15th day of the month of such Principal Payment Date) exceeds USD$4,000.

• FMI Securities Inc. (the "Agent") will be lead agent and sole bookrunner for the Gold-Linked Note Financing. In connection with the Gold-Linked Note Financing, and pursuant to the terms of an agency agreement to be entered into between the Company and the Agent, the Company will: