Lafleur Minerals Inc. Announces Loan Agreement
11.07.2024 | Newsfile
Vancouver, July 11, 2024 - LaFleur Minerals Inc. (CSE: LFLR) (OTC Pink: WPNNF) (the "Company") announces that it has entered into a loan agreement (the "Loan Agreement") with Flowing Lithium Exploration Inc. ("FLE"). Pursuant to the terms and conditions of the Loan Agreement, FLE has loaned the Company $300,000, which bears interest at a rate of 10% per annum and must be repaid by the Company on June 17, 2025. The proceeds of the loan are to be used for general and administrative purposes.About LaFleur Minerals Inc.:
LaFleur Minerals Inc. is a North American junior mining exploration company that specializes in lithium and owns 100% of two lithium properties which properties are located in the James Bay and Mazérac regions, covering approximately 303 km². The Vieux Comptoir property is located approximately 45km east of the Patriot Battery Metals Corvette Project and 45km west of Winsome Resources, Adina project and I s under Option to Superior Mining International Corporation. See News Release dated December 7, 2022. The Mazérac property is located about 50km southwest of Val-d'Or and is located near Vision Lithium's Cadillac property and Winsome Resources' Decelles property.
ON BEHALF OF LAFLEUR MINERALS INC.
Paul Teniere, Chief Executive Officer
E: teniere@gmail.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding "Forward-Looking" Information
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: LaFleur Minerals Inc.
