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

Trafigura has completed the acquisition of LaFleur Minerals, a energy services other business in Québec, for $30 million. LaFleur Minerals operates gold processing at the Beacon Gold Mill in Val-d’Or and plans development of the Swanson Gold Deposit in the Abitibi region. Trafigura acquisitions support the planned restart of gold production through a non-dilutive prepayment financing facility and a gold doré offtake arrangement tied to processing ramp-up. This strategic acquisition is structured as an announced prepayment facility of up to C$30 million with no commodity price hedging requirements, sized to fund operations and development toward 1,250 tonnes per day.