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LaFleur and Trafigura Enter into Term Sheet for C$30 Million Prepayment Facility and Gold Offtake Agreement

LFLRF
  • LaFleur Minerals Inc. has selected Trafigura Canada Limited to provide a prepayment financing facility of up to C$30 million & a gold doré purchase agreement for the Swanson Gold Deposit & Beacon Gold Mill project in Val-d'Or, Québec.
  • The proposed C$30 million facility includes no commodity price hedging requirements & will fund operations ramping up to 1,250 tonnes per day while supporting Swanson deposit development.
  • Trafigura holds a right of first refusal on future funding to expand the Beacon Gold Mill capacity to a proposed 3,000-4,000 tonnes per day.
  • Technical, financial & legal due diligence will commence & run for up to 60 days under an exclusive arrangement between the parties.
  • The transaction remains subject to definitive documentation, completion of due diligence, internal approvals, & potential Canadian Securities Exchange approval.
  • Chief Executive Officer Paul Ténière noted the Preliminary Economic Assessment shows an after-tax IRR of 65% & C$101 million NPV based on a base case gold price of $2,750/oz.
  • LaFleur plans for the first gold pour at the Beacon Gold Mill in Q2 2026.
  • Global One Media Group Pte. Ltd. was engaged on March 27, 2026, for a monthly fee of USD $6,000 to support digital investor communications starting April 1, 2026.
  • Emerging Growth, LLC doing business as TDM Financial was engaged on April 2, 2026, for a total fee of USD $26,667 to execute a six-month investor outreach campaign.