LaFleur Announces Closing of Bought Deal Equity Offerings for Gross Proceeds of C$11 Million
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur" or the "Company") is pleased to announce, further to its news releases dated May 26, 2026, May 27, 2026 and May 29, 2026, the closing of its previously announced "bought deal" public offering (the "Public Offering") and private placement (the "Private Placement", and collectively with the Public Offering, the "Offerings") for aggregate gross proceeds of C$ $11,015,760, which includes the partial exercise of the over-allotment option. Red Cloud Securities Inc. ("Red Cloud") acted as sole underwriter and bookrunner in connection with the Offerings.
Pursuant to the Public Offering, the Company sold (i) 10,532,000 units of the Company (the "Units") at a price of C$0.50 per Unit (the "Unit Price") and (ii) 6,199,000 flow-through units of the Company to charitable purchasers (the "Charity FT Units", and together with the Units, the "Public Offering Securities") at a price of C$0.68 per Charity FT Unit for aggregate gross proceeds of C$ $9,481,320 from the sale of Public Offering Securities.
Each Unit consists of (i) one common share of the Company (a "Unit Share") and (ii) one common share purchase warrant of the Company (each, a "Unit Warrant"). Each Charity FT Unit consists of (i) one common share of the Company (each, a "Charity FT Share") and (ii) one common share purchase warrant of the Company (each, a "Charity FT Warrant"). Each Charity FT Share and each Charity FT Warrant comprising a Charity FT Unit qualifies as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Income Tax Act"). Each Unit Warrant and Charity FT Warrant entitles the holder to purchase one common share of the Company on a non-flow-through basis (each, a "Warrant Share") at a price of C$0.75 at any time on or before June 9, 2029.
Pursuant to the Private Placement, the Company sold 2,692,000 flow-through units of the Company (each, a "FT Unit") at a price of C$0.57 per FT Unit (the "FT Unit Price") for gross proceeds of C$1,534,440 from the sale of FT Units. Each FT Unit consists of (i) one common share of the Company (each, a "FT Share") and (ii) one common share purchase warrant (each, a "FT Warrant"). Each FT Share and each FT Warrant comprising a FT Unit qualifies as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act. Each FT Warrant entitles the holder to purchase one Warrant Share at a price of C$0.75 at any time on or before June 9, 2029.

