Curated News
By: NewsRamp Editorial Staff
September 15, 2026
LaFleur Minerals Appoints Rauni Malhi to Board, Grants Options
TLDR
- LaFleur Minerals appointed Rauni Malhi as director and granted 500,000 options at $0.40, potentially strengthening leadership for gold project advancement.
- Malhi's appointment follows Michael Kelly's resignation, with options vesting half immediately and half in six months, exercisable through Sept. 15, 2031.
- LaFleur Minerals advances its Swanson Gold Project and Beacon Gold Mill, aiming to deliver long-term value and economic benefits to the region.
- Rauni Malhi, a paralegal with TSX Venture experience, joins LaFleur Minerals as director, bringing governance expertise to its Quebec gold projects.
Impact - Why it Matters
This board appointment brings fresh governance and capital markets experience to LaFleur Minerals as it advances its Swanson Gold Project and prepares to restart the Beacon Gold Mill in Québec’s prolific Abitibi Gold Belt. Malhi’s track record with TSX Venture issuers, including Gladiator Metals, could help the company navigate permitting, financing, and strategic partnerships. The incentive options align her interests with shareholders, potentially driving long-term value. For investors, this signals continuity and a focus on execution at a critical juncture for the company’s flagship gold assets.
Summary
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has appointed Rauni Malhi as a director effective Sept. 15, 2026, following Michael Kelly's resignation on Sept. 7. Malhi, a British Columbia-based paralegal, brings board experience from several TSX Venture Exchange-listed issuers, including Cairo Resources, which was rebranded as Gladiator Metals Corp. (TSX.V: GLAD). In connection with her appointment, LaFleur granted Malhi 500,000 incentive stock options exercisable at $0.40 per share through Sept. 15, 2031, with half vesting immediately and the remainder vesting six months from the grant date. The full press release is available at https://ibn.fm/By5Gp.
LaFleur Minerals is focused on developing district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Its mission is to advance mining projects with a laser focus on the PEA-stage Swanson Gold Project and the Beacon Gold Mill. The Swanson Gold Project includes 481 claims and one mining lease covering 200.7 km2, with several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. The company has consolidated a large land package along a major structural break hosting the Swanson, Bartec, and Jolin gold deposits and other showings. The project is easily accessible by road, providing direct access to nearby gold mills. The Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. LaFleur recently released positive Preliminary Economic Assessment results for the Swanson Gold Project and planned restart of the Beacon Gold Mill. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves; there is no certainty that the results will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
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Source Statement
This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, LaFleur Minerals Appoints Rauni Malhi to Board, Grants Options
