LaFleur Minerals ( (TSE:LFLR) ) just unveiled an update.
LaFleur Minerals Inc. has announced a special resolution for shareholders to approve the acquisition of an exclusive option to acquire a 100% interest in the Monarch Property in Québec. This move, facilitated through an agreement with BullRun Capital Inc., highlights the company’s strategic shift towards gold properties amidst rising gold prices and increased market interest. The acquisition is significant as it positions LaFleur Minerals to capitalize on the growing demand for gold, despite the initial purchase by BullRun being at a lower price due to bankruptcy proceedings.
More about LaFleur Minerals
LaFleur Minerals Inc. operates in the mining industry, focusing on the exploration and acquisition of mineral properties. The company is involved in lithium exploration and is expanding its interests to include gold properties.
YTD Price Performance: 920.0%
Average Trading Volume: 3,063
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $7.84M
See more insights into LFLR stock on TipRanks’ Stock Analysis page.