(TheNewswire)

Global private financial group headquartered in San Francisco advises on construction facility to support CHARBONE’s expansion of modular green hydrogen facilities in North America.

Brossard, Quebec TheNewswire – June 4, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE’), rare publicly traded pure-play company focused on the production and distribution of green hydrogen in North America, is pleased to announce more details on the signing, announced previously on May 1st 2025, of a project finance facility of up to USD 50 million being provided by a private fund managed by True Green Capital Management LLC (‘TGC’). US Capital Global Securities LLC, the SEC-registered broker-dealer division of global private financial group US Capital Global has acted as lead advisor and facilitator.

Headquartered in Montreal, CHARBONE is developing modular production facilities targeting 99.999% purity (Grade 5.0 and higher) hydrogen, with all output pre-sold through tier-one offtake agreements.

‘ We’re proud to have served as lead advisor to both CHARBONE and TGC on this transaction ,’ said Charles Towle, CEO of US Capital Global Securities. ‘ CHARBONE is gaining strong momentum as demand grows for clean hydrogen solutions to decarbonize industrial users through their key sites in development across North America. We look forward to supporting the company’s continued growth. The transaction was led by Lisa Terk, Senior Vice President and a top CleanTech and Renewables banker at our global headquarters. ‘

‘ This financing marks an important milestone in executing our long-term growth strategy ,’ said Benoit Veilleux, CFO of CHARBONE. ‘ We are grateful to US Capital Global for their consistent support and expertise throughout this process—from structuring and investor engagement to the successful completion of legal documentation. ‘

Herv é Touati , Managing Director at TGC, added: ‘ We’re pleased to be financing CHARBONE and look forward to working together on this joint renewable clean energy initiative. We appreciate the diligence and insight of US Capital Global in bringing this opportunity to this stage. ‘

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. CHARBONE remains North America’s only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

About True Green Capital Management

True Green Capital Management LLC (‘TGC’) is a specialized renewable energy infrastructure fund manager with a focus in distributed power generation in the US and Europe. Since 2011, TGC has financed and managed clean energy assets that generate stable, low-correlated returns. Headquartered in Westport, Connecticut, TGC also maintains an office in London. Learn more at www.truegreencapital.com .

About US Capital Global

Founded in 1998, US Capital Global offers a range of advanced financial solutions, including debt, equity, and investment products customized for middle-market enterprises and investors. The firm oversees direct investment funds while delivering comprehensive wealth management and investment banking services, encompassing M&A strategies and capital raising expertise. Among the notable entities within the consortium are US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and US Capital Global Securities LLC, an SEC-registered broker-dealer and member of FINRA. To learn more, visit www.uscapital.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Copyright (c) 2025 TheNewswire – All rights reserved.

(TheNewswire)

Un groupe financier privé mondial dont le siège social est à San Francisco conseille sur la facilité de construction pour soutenir l’expansion des usines modulaires d’hydrogène vert de Charbone en Amérique du Nord.

Brossard (Québec) TheNewswire – le 4 juin 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une rare compagnie cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert en Amérique du Nord, est heureuse d’annoncer plus de détails sur la signature, annoncée le 1 er mai 2025, d’un financement de projets d’un montant maximal de 50 millions de dollars américains, accordé par un fonds privé géré par True Green Capital Management LLC (« TGC »). US Capital Global Securities LLC, la division de courtage enregistrée auprès de la SEC du groupe financier privé mondial US Capital Global, a agi en tant que conseiller principal et facilitateur.

Basée à Montréal, Charbone développe des usines de production modulaires ciblant l’hydrogène d’une pureté de 99,999 % (grade 5.0 et supérieur), avec toute la production pré-vendue via des contrats de ventes à des clients de premier niveau.

‘ Nous sommes fiers d’avoir servi de conseiller principal à la fois à Charbone et à TGC sur cette transaction , a dit Charles Towle, Chef de la direction à US Capital Global Securities. ‘ Charbone connaît une forte dynamique, face à la demande croissante de solutions d’hydrogène propre pour décarboner les utilisateurs industriels grâce à ses principaux sites en développement en Amérique du Nord. Nous sommes impatients de soutenir la croissance continue de l’entreprise. La transaction a été menée par Lisa Terk, vice-présidente principale et banquière de premier plan spécialisée dans les technologies propres et les énergies renouvelables à notre siège mondial . ‘

‘ Ce financement marque une étape importante dans l’exécution de notre stratégie de croissance à long terme , a dit Benoit Veilleux, Chef de la direction financière de Charbone. ‘ Nous sommes reconnaissants à US Capital Global pour son soutien constant et son expertise tout au long de ce processus, depuis la structuration et de l’engagement des investisseurs jusqu’à la réussite de la documentation juridique . ‘

Hervé Touati, Directeur Général à TGC, a ajouté : ‘ Nous sommes heureux de financer Charbone et nous réjouissons de collaborer à cette initiative conjointe en matière d’énergie propre et renouvelable. Nous apprécions la diligence et la perspicacité de US Capital Global qui ont permis à cette opportunité d’aboutir . ‘

À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée d’hydrogène vert disposant de capacités stratégiques de distribution de gaz industriels en Amérique du Nord. Tout en poursuivant le développement de son réseau modulaire de production d’hydrogène vert, Charbone s’appuie également sur des partenariats commerciaux pour fournir de l’hydrogène, de l’hélium et d’autres gaz industriels sans les exigences en capital élevées des usines de production. Cette approche améliore les sources de revenus, réduit les risques opérationnels et accroît la flexibilité sur le marché. Charbone reste la seule société purement axée sur l’hydrogène vert cotée en bourse en Amérique du Nord, avec des actions cotées à la Bourse de croissance TSX (TSXV: CH); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

À propos de True Green Capital

True Green Capital Management LLC (« TGC ») est un gestionnaire de fonds spécialisé dans les infrastructures d’énergies renouvelables, spécialisé dans la production d’électricité décentralisée aux États-Unis et en Europe. Depuis 2011, TGC finance et gère des actifs d’énergie propre générant des rendements stables et faiblement corrélés. Basé à Westport, dans le Connecticut, TGC dispose également d’un bureau à Londres. Pour en savoir plus, rendez-vous sur www.truegreencapital.com .

À propos de US Capital Global

Fondée en 1998, US Capital Global propose une gamme de solutions financières avancées, comprenant des produits de dette, de capitaux propres et d’investissement personnalisés pour les entreprises et les investisseurs du marché intermédiaire. La société supervise des fonds d’investissement directs et propose des services complets de gestion de patrimoine et de banque d’investissement, incluant des stratégies de fusions-acquisitions et une expertise en levée de capitaux. Parmi les entités notables du consortium figurent US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC et US Capital Global Securities LLC, courtier-négociant enregistré auprès de la SEC et membre de la FINRA. Pour en savoir plus, visiter www.uscapital.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Copyright (c) 2025 TheNewswire – All rights reserved.

Phase 1 ¹ First-In-Human study designed to assess safety   ,   tolerability   , right dose for Phase 2 and early signs of efficacy   of 177Lu-RAD20   2   in individuals with   advanced HER2-positive solid   tumors

Previous clinical proof-of concept data ² for targeting HER-2 demonstrated the safety and biodistribution of 99mTc-RAD202 in humans

Radiopharm Theranostics (ASX:RAD, ‘Radiopharm’ or the ‘Company’), a clinical-stage biopharmaceutical company focused on developing innovative oncology radiopharmaceuticals for areas of high unmet medical need, today announced the dosing of the first patient in its Phase 1 ‘HEAT’ clinical trial of RAD202, a proprietary nanobody that targets Human Epidermal Growth Factor Receptor 2 (HER2)-positive expression in a wide array of advanced solid tumors.

The open-label Phase 1 ‘HEAT’ clinical trial is a dose escalation trial of 177Lu-RAD202 that is designed to determine the recommended Phase 2 dose and to evaluate the safety and preliminary clinical activity of this novel radiotherapeutic in individuals with HER2-expressing advanced cancers. The study is currently being conducted at clinical centers across Australia.

‘Dosing patients in the HEAT clinical trial marks an important milestone in our transition to a clinical-stage company,’ said Riccardo Canevari, CEO and Managing Director of Radiopharm Theranostics. ‘Despite progressive improvements in the management of metastatic HER2-positive disease, the majority of patients experience disease progression on current standard of care and require further therapeutic options. The dosing of the first patient in the ‘HEAT’ trial represents a significant step toward achieving RAD202’s potential to address an unmet need for HER2-positive metastatic patients who are progressing or unable to tolerate current treatment options. With RAD202, we hope to provide an option that can meaningfully improve clinical outcomes for HER2-positive patients, while preserving their quality of life.’

HER2 is overexpressed in breast cancer as well as several other solid tumors and represents a validated target in oncology. RAD202 is a proprietary single domain antibody that targets HER2. Ten HER2-positive breast cancer patients previously dosed in a Phase 1 diagnostic study of RAD202 demonstrated clinical proof-of concept as well as the safety and biodistribution of RAD202, validating its potential for the treatment of advanced HER2-expressing cancers ² . Preclinical findings ³ examining the therapeutic effect in HER2-positive xenografts were also recently reported with 177Lu-RAD202. Collectively, these data further justify first in humans dose finding studies.

‘It is a privilege to be the first centre to administer 177Lu-RAD202, targeting HER2-positive tumors in this Phase 1 clinical trial (HEAT).’ said Dr Aviral Singh, Clinical Head of Theranostics and Nuclear Medicine at St John of God Murdoch Hospital. ‘This opens the possibility of novel therapeutic avenues for patients with aggressive tumor types, including breast, ovarian, gastric, pancreatic, bladder, and several other cancers. With the trust put in us by Radiopharm, we look forward to a successful trial with beneficial outcomes for our patients.’

About Radiopharm Theranostics

Radiopharm Theranostics is a clinical stage radiotherapeutics company developing a world-class platform of innovative radiopharmaceutical products for diagnostic and therapeutic applications in areas of high unmet medical need. Radiopharm is listed on ASX (RAD) and on NASDAQ (RADX). The company has a pipeline of distinct and highly differentiated platform technologies spanning peptides, small molecules and monoclonal antibodies for use in cancer. The clinical program includes one Phase 2 and three Phase 1 trials in a variety of solid tumor cancers including lung, breast, and brain metastases. Learn more at radiopharmtheranostics.com .

Authorised on behalf of the Radiopharm Theranostics board of directors by Chairman Paul Hopper.

For more information:
Riccardo Canevari
CEO & Managing Director
P: +1 862 309 0293
E: rc@radiopharmtheranostics.com

Anne Marie Fields
Precision AQ (Formerly Stern IR)
E: annemarie.fields@precisionaq.com

Paul Hopper
Executive Chairman
P: +61 406 671 515
E: paulhopper@lifescienceportfolio.com

Media
Matt Wright
NWR Communications
P: +61 451 896 420
E: matt@nwrcommunications.com.au

________________________________

¹ clinicaltrials.gov/study/NCT06824155
² Zhao et al, Molecular Pharmaceutics 2021 18 (9), 3616-3622
³ Altunay B. et al, EP-0136, Eur J Nucl Med Mol Imaging (2024) 51 (Suppl 1): S1–S1026. DOI: 10.1007/s00259-024-06838-z

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’) is pleased to provide the results of its recent exploration programs, including an update on its diamond drilling and bulk sampling plans at its district-scale Swanson Gold Project (‘Swanson’), positioned in the prolific Abitibi Gold Belt (Figure 1). The Company is also fast-tracking the restart of its 100%-owned, 750 tonne per day (‘tpd’) Beacon Gold Mill (‘Beacon’) in Val-d’Or, Québec, and has received significant interest from several groups for the purpose of financing the mill restart as well as to offtake material and support the ramp-up to full production with the goal to be generating cash flow by early 2026.

The interest received to date is a strong vote of confidence in the quality and potential of the Beacon Mill, as a foundational and keystone asset of the Company, its strategic positioning in one of the world’s richest and most well-endowed mineralized mining regions with numerous surrounding gold deposits suitable for bulk sampling, which would be ideal sources of mineralized material to complement this transformational next phase of development for LaFleur Minerals.

HIGHLIGHTS

• Immediate plans to complete at least 5,000 metres of diamond drilling at Swanson starting in June using existing flow-through (FT) funds, with over 50 promising drilling targets identified, among the other highly prospective Bartec, Jolin, and Marimac gold targets. A drilling contractor has been selected with drilling permits expected by early June.
• Geological and engineering planning continues for a large bulk sampling program at the Swanson mining lease with an updated Scoping Study and mine plan to be submitted to Québec government for approval. The plan includes the extraction of an up to 100,000 tonne surface bulk sample at Swanson for processing at the Beacon Mill once it is in full production (anticipated by early 2026).
• The Company is in advanced discussions with several institutional and private equity groups, as well as exploring non-dilutive funding options with several commodity trading and debt financing firms to fund Beacon Mill’s restart. The Company’s goal is to be fully-funded, complete upgrades, and become fully operational by early 2026.

Paul Ténière, CEO of LaFleur Minerals, commented, ‘We are very excited to commence our summer diamond drilling program to test the regional exploration targets identified from our recent exploration programs at Swanson. These drilling targets are based on careful and well executed geological, geochemical, and geophysical programs by our technical team. Swanson is a large regional exploration project with numerous gold showings and the upcoming diamond drilling program will focus on showings that have the potential to host significant large gold deposits.

‘In addition, we are forging ahead with the permitting process for the Swanson bulk sample and funding the restart of the Beacon Gold Mill to generate cash flow as quickly as possible, with the longer-term vision of funding additional project acquisitions and expanding LaFleur Minerals from a small to intermediate gold producer in the Val-d’Or region. With a restart cost that is so low, LaFleur Minerals has the ability to move towards commercial production and profitability near term, achieving an outstanding milestone in an exceptionally short period of time thanks to the methodical work of the Company’s technical and management team, largely supported by the increasingly attractive precious metals market.’

PETER ESPIG JOINS LaFleur Minerals AS STRATEGIC ADVISOR

The Company is also pleased to announce that Peter Espig has joined the Company as a Strategic Advisor and Consultant focused on the capital markets and assisting with the funding of the Swanson and Beacon Gold Mill projects. Mr. Espig also brings substantial experience in managing the funding, construction, ramp up, and operation of gold and silver milling and processing facilities in Canada.

Mr. Espig served as Vice-President at Goldman Sachs Japan in both the Principal Finance and Securitization Group and the Asia Special Situations Group, where his team participated in more than $10 billion in structured deals, capital raises, and cross-border transactions. Prior to Goldman Sachs, he was Vice-President at Olympus Capital, a New York-based private equity firm, where he focused on corporate restructurings, investment analysis, and international financing negotiations. He also played a pioneering role in some of the earliest SPAC transactions, totaling over US$1.2 billion, and brings deep experience in disciplined capital deployment and turnaround execution.

Since 2013, Mr. Espig has served as President and CEO of Nicola Mining Inc. and is a board member of ESGold Corp and First Lithium Minerals. Mr. Espig holds a Bachelor of Arts from the University of British Columbia and an MBA from Columbia Business School, where he was a Chazen International Scholar. He has served on various public boards and was recognized among Industry Era’s ‘Top 10 Admired Leaders’ in 2023.

GRANT OF STOCK OPTIONS

The Company also announces that it has granted incentive stock options (‘Options‘) to management and consultants of the Company to acquire an aggregate of 1,250,000 common shares at $0.20 per share, for a period of three years. These Options have been granted in accordance with the Company’s stock option plan.

SITE VISIT AND MANAGEMENT UPDATE CALL

The Company plans to coordinate a site visit of its Beacon Mill in June 2025 for any prospective investors, shareholders, and analysts. The Company will host a management update call for investors on Thursday June 5, 2025, at 10:00 a.m. Pacific Time / 1:00 p.m. Eastern Time. The call will be accessible via the Zoom platform, by video conference and by telephone, and participants should use the following information to join the call:

Please click the link below to join the LaFleur video call:
https://us06web.zoom.us/j/89960363165?pwd=0a0hXT9yEvAogURcX4EO0VRwuU3LaZ.1
Webinar ID: 899 6036 3165
Passcode: 888888

Or join via telephone:
United States: +1 646 931 3860
Canada: +1 647 374 4685
United Kingdom: +44 330 088 5830
Webinar ID: 864 5330 0862
More international numbers are available on the following link: https://us06web.zoom.us/u/keDxuREffH

SUMMARY OF RECENT SWANSON EXPLORATION RESULTS

LaFleur Minerals recently received the final reports for its 2024 prospecting and reconnaissance mapping, soil sampling program, and IP survey. This exploration data has been incorporated into the Company’s geological and GIS database, along with the regional high-resolution magnetic and VLF-EM survey completed earlier in 2024, which has been used to develop priority drill targets to be tested this summer.

Geological Reconnaissance Mapping and Prospecting

Geological reconnaissance mapping and prospecting was carried out in September 2024 by IOS Géosciences Inc. (‘IOS‘). The work, including the collection of 144 samples that were sent to the laboratory, focused on key deposits, showings, and mineralized outcrops, compiled from the literature (Figure 2). Out of the 25 mineral occurrences reported since 1926 at Swanson, 10 were selected to represent the focus of interest. The Swanson, Jolin, Barautte VII, and Jackson showings display characteristics that are indicative of orogenic-gold-type mineralization and magmatic-hydrothermal-type mineralization. The reported results included the discovery of new highly prospective lithologies, hydrothermal alterations, sulphide mineralization, and corresponding gold grades. Best gold grades from grab samples included:

• 11.71 g/t Au located 425 m SW of the Jolin deposit
• 4.59 g/t Au located 140 m south of the Barautte VII showing
• 4.51 g/t Au and 3.78 g/t Au in the area of the Jackson showing
• 2.98 g/t Au in the area of the Bartec showing

Please note: Grab samples are selective by nature and may not be representative of the overall mineralization on the Swanson Project. While they are useful for identifying areas of interest and guiding further exploration, they should not be relied upon as an indicator of the average grade or extent of mineralization.

Soil Survey

A soil survey was also carried out in September 2024 by IOS. The objective of the 2024 soil sampling program was to assess Swanson’s potential to contain unknown blind gold occurrences by using the dispersion of geochemical signals in surficial materials. The survey included 315 sampling sites distributed along 8 grids according to the local quaternary geology, aerial photos and LiDAR images (Figure 3). The survey was designed to test the efficiency of the method and targeted areas with known occurrences. Lines were oriented perpendicular to the geophysical anomaly and/or geological features.

The gold-enriched soil samples located to the SW of the Damascus showing were found to be associated with an untested IP anomaly. The soil samples near the Jackson showing and Bartec deposit, and samples approximately 750 m SSW of the Swanson deposit and on two lines located 300 to 550 m south of the Jolin deposit, all show gold-enrichment.

Please note: Soil sampling surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery.

Induced Polarization Geophysics Survey

An Induced Polarization (IP) survey was carried out at Swanson between January and April 2024 by TMC Geophysics. The survey consisted of 120.4 line-km of IP using the pole-dipole electrode array with a configuration of a=25 m, n=1 to 16 over two distinct grids, namely Jolin and Bartec (Figure 4).

A total of 64 IP axes indicative of the most obvious anomalies have been identified on both prospects. These include:

• A first group of IP axes characterize some of the strongest and more continuous polarizable anomalies. The associated polarizable sources are typically correlated with slight to strong decreases in resistivity or included within the confines of thin conductive beds/horizons. According to the regional geology, this type of signature is, at least partially, of the lithological type and indicative of the known pyrite and graphite rich units/lithologies of both prospects. On the other hand, one cannot exclude to see these units themselves locally enriched in poly-metallic mineralization (+/- Au). Some other axes of this group may also directly emphasize polymetallic mineralization developed along broad shear zones, or altered geological contacts favored by the upwelling of hydrothermal fluids.
• The second group of IP axes feature weaker and less continuous polarizable anomalies that are partially correlated with an increase in resistivity. They all have the potential to indicate the presence of gold-rich mineralization associated with disseminated sulphide remobilized along a fault or altered and silicified band of rocks (+/- quartz/carbonate veining).

As for the follow-up work, 7 IP axes have been selected to be drill tested on the Jolin grid, and 4 others on the Bartec grid.

2025 SWANSON DIAMOND DRILLING PROGRAM PLANS

Following the regional compilation and high-resolution magnetics and VLF-EM over the entire Swanson Gold Project, along with the recent encouraging results of the reconnaissance mapping and prospecting, soil sampling and IP survey discussed above, LaFleur Minerals will move forward with its regional drilling program.

Approximately 50 drill targets have currently been identified based on the compilation and recent field work. The targets are located regionally in the Swanson, Jolin, Bartec and Marimac regions (Figure 5). Phase I of the diamond drill program will include 20 exploration drill holes totalling at least 5,000 m of diamond drilling.

LaFleur Minerals is pleased to announce that it has signed a drilling contract with Forage Rouillier Drilling of Amos, Québec and is expecting to start drilling at Swanson in early- to mid-June 2025 once drilling permits have been received from the Québec government.

Figure 1: Swanson Gold Project (including the Swanson Deposit) located 50 km from the Beacon Gold Mill

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/254409_d95e6950644fe9dd_001full.jpg

Figure 2: Geological Reconnaissance – Sample locations and anomalous results

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/254409_d95e6950644fe9dd_002full.jpg

Figure 3: Soil Samples – Anomalous Results

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/254409_d95e6950644fe9dd_003full.jpg

Figure 4: Lines Completed by IP Survey

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/254409_d95e6950644fe9dd_004full.jpg

Figure 5: Swanson drilling target regions and proposed 2025 drill holes (in purple)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/254409_d95e6950644fe9dd_005full.jpg

SAMPLE PREPARATION, LABORATORY ANALYSIS, AND QA/QC SUMMARY

Rock (Grab) Samples

All rock (grab) samples collected by IOS during the program were securely transported to Activation Laboratories (Actlabs) in Ancaster, Ontario, an ISO/IEC 17025-accredited laboratory. Grab sample sizes vary by rock collected but varies from 1 kg to 3 kg. Actlabs is independent of LaFleur Minerals. Sample preparation included crushing, splitting, and pulverizing to 95% passing 105 microns. Gold analysis was performed using fire assay with an inductively coupled plasma mass spectrometry (1A2-ICPMS) finish. A multi-element analysis (63 elements) was also done on the samples using an Aqua regia digestion / ICP-MS (Ultratrace-1). Borate fusion with XRF finishing was carried out for samples exceeding the limit for tungsten. The Company follows industry-standard QA/QC protocols, including the insertion of certified reference materials, blanks, and duplicates to ensure the accuracy and precision of the results.

Soil Samples

Soil samples were collected by IOS at a depth of 10 cm to 25 cm below the base of the Ah horizon with an average sample size approximately 1 kg. As such, the sample can be composed of either the Ae, B or C horizon, or be a composite of these horizons depending on the soil profile. Sampling was done using a shovel or an auger depending on the environment and depth necessary to sample the correct horizon.

Samples were securely transported back to IOS facilities in Saguenay, Québec by the field crew. The samples were prepared in the IOS laboratory for environmental parameter measurements (e.g. pH, Eh, etc.) and handheld XRF analysis. Upon reception of the samples by the IOS lab and prior to any preparation, a 20 gram aliquot was taken to perform measurements that need to be conducted on the raw material. The remaining material was dedicated to preparation for loss on ignition (LOI) and chemical analyses. Environmental parameters such as pH, δpH, Eh and TDS (Total Dissolved Solids, i.e., conductivity) were measured on saturated paste according to standard procedures.

Samples were then securely courier shipped to ALS Minerals in Val-d’Or for final preparation before the final shipping to ALS Minerals in Vancouver for Ionic LeachTM. ALS Minerals is independent of LaFleur Minerals. Sample material dedicated for chemical analysis were air dried and sieved at

The anomaly thresholds were determined by IOS using a probabilistic approach. In that the assays results are first transformed into logarithmic data. The Z-score is then calculated for each element of each sample. This significantly limits the range of values and enables the use of a normal distribution for the probability modelling. The anomaly threshold for an element is determined by the difference between the sample’s Z-score and the expected Z-score for a log-normal population with an average of 0 and a standard deviation of 1, which represents the regional background as confirmed by the analysis of IOS’s large database. Any sample deviated from that regional trend is likely related to an anomalous population.

SWANSON GOLD PROJECT SUMMARY

The Swanson Gold Project is approximately 16,600 hectares in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. The Swanson Gold Project covers major structural breaks that hosts the Swanson Gold Deposit, and Bartec, and Jolin gold targets and numerous other showings which make up the Swanson Gold Project. The Swanson Gold Project has had in excess of 36,000 metres of historical diamond drilling, is easily accessible by road with a rail line running through the property, allowing direct access to the Beacon Gold Mill, which further enhances its development potential.

The Swanson Gold Deposit hosts:

• Indicated Mineral Resource Estimate:
  • 2,113,000 t with an average grade of 1.8 g/t gold, containing 123,400 oz of gold.
• Inferred Mineral Resource Estimate:
  • 872,000 t with an average grade of 2.3 g/t gold, containing 64,500 oz of gold.

(MRE source: NI 43-101 technical report, effective September 17, 2024, filed on the Company’s SEDAR+ profile)

(Source: GESTIM -1996, GM62629 – historical estimate not compliant with NI 43-101)

(Source: GESTIM – DV 87-01 – historical estimate not compliant NI 43-101)

QUALIFIED PERSON STATEMENT AND DATA VERIFICATION

All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the Company and considered a Qualified Person for the purposes of NI 43-101. Mr. Martin has reviewed and verified the rock and soil sampling results and certified analytical data underlying the technical information disclosed. Mr. Martin noted no errors or omissions during the data verification process and the Company’s management have also verified the technical information disclosed. The Company and Mr. Martin do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the assay data and exploration results disclosed in this news release.

About LaFleur Minerals Inc.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 16,600 hectares (166 km²) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road with a rail line running through the property allowing direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals’ fully-refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

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. Forward-looking statements in this news release include, without limitation, statements related to the use of proceeds from the Offering. 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.

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triumph gold Corp. (TSXV: TIG) (OTC Pink: TIGCF) (FSE: 8N6) (‘triumph gold’ or the ‘Company’) is pleased to announce the acquisition of the Coyote Knoll Silver (Ag Gold (Au) Property, located in central Utah, approximately 40 km southwest of the prolific Tintic Mining District (Figure 1).

triumph gold has entered into an agreement to purchase the Coyote Knoll Silver-Gold property for the sum of $150,000USD and the issuance of one million common shares of the Company. Prior to one year from the date of purchase, one million common shares shall be issued to the seller; prior to two years from the date of purchase one million common shares will be issued; prior to three years from the date of purchase one million common shares shall be issued to the seller. Before four years from the date of purchase a three million dollar payment in cash or shares will be made to the seller.

Highlights:

• Approximately 2,600 metres of RC drilling have been completed, highlighted by 1,350.36 g/t Ag and 3.86 g/t Au over 3.00 metres in ATC-C6 (Table 1 & 2 and Figure 2)^{NI 43-101 Disclosure 1}.
• Historical rock samples returned silver and gold values, up to 6,730.00 g/t Ag and 23.30 g/t Au (Table 2)^{NI 43-101 Disclosure 2}.
• Two east-west parallel veins were identified through reverse circulation (RC) drilling and exposed during mining.
• Recent surface sampling confirmed silver and gold mineralization, with grab samples returning up to 795 g/t Ag and 1.58 g/t Au (Table 4)^{NI 43-101 Disclosure 2}.
• In 2012, a 12-ton representative bulk sample returned an average grade of 43.60 oz/ton silver and 0.13 oz/ton gold^{NI 43-101 Disclosure 3}.
• In 1998 Phoenix Gold Resources shipped Coyote Knoll ore to Clifton Mining’s mill at Gold Hill where a 1,000 ounces of silver doré was produced^{NI 43-101 Disclosure 4}.
• A second mineralized structure, trending northwest-southeast, has been identified through surface sampling and RC drilling.

John Anderson, Chairman and CEO of triumph gold, stated:

‘The Coyote Knoll acquisition represents an exciting addition to our portfolio. Located in a mining-friendly and historically significant region, the property demonstrates high-grade silver mineralization and favorable geological features, similar to those found in the Tintic Mining District. With the confirmation of epithermal silver-gold mineralization and the potential for further discovery, we look forward to advancing exploration at Coyote Knoll.’

Figure 1. Coyote Knoll property location map.

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Figure 2. Coyote Knoll drill and sample highlights.

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Location and Geological Overview:

Coyote Knoll is located in central Utah, approximately 85 km south of Bingham Canyon Cu-Mo-Au Porphyry deposit and 40 km southwest of the city of Eureka. Eureka is historically associated with the Tintic Mining District, which has been a major producer of gold, silver, lead, and zinc from both epithermal and Carbonate Replacement Deposits (CRD). The Tintic District is known for its productive mining history and the potential for undiscovered porphyry systems.

Coyote Knoll was discovered in 1988, with subsequent exploration activities including mapping, trenching, rock sampling, and induced polarization and magnetic geophysical surveys. Follow-up work also included near-surface Reverse Circulation RC-drilling, totaling 2,606.96 metres across 33 drill holes. Highlights from historical drilling are summarized in Table 1 & 2, and surface samples are highlighted in Table 3. A 12-ton representative bulk sample was also mined from a shallow open pit, centered over the east-west (70°) trending mineralized structure. Silver and gold epithermal mineralization was exposed over approximately 60 metres within the open pit and has been delineated for 1.5 km through surface trenching, sampling, and shallow RC drilling (Figure 2).

Table 1. Historic RC drilling composite highlights

^{NI 43-101 Disclosure 1.}

*Composites grades were calculated using Datashed software with >25 g/t Ag cutoff and

Table 2. Historical drill attributes for Table 1 highlights.

^{NI 43-101 Disclosure 1.}

Two additional historical drill holes (CK-14^1. and CK-23^2.) have previously been reported to contain high gold values and are in proximity to the open pit. CK-14 has an intercept of 8.19g/t Au and 1,060g/t Ag over 1.52 m from 9.14 m downhole. CK-23 has an intercept of 2g/t Au and 814g/t Ag over 1.52 m from 45.72 m downhole.

1. Freeport-McMoRan Gold Company, 1989-1990; Reverse Circulation Drill Hole CK-14; from NI 43-101 Technical Report on the Coyote Mine Project Juab County, Utah, USA, Arthur J. Mendenhall.
2. Freeport-McMoRan Gold Company, 1989-1990; Reverse Circulation Drill Hole CK-23; from NI 43-101 Technical Report on the Coyote Mine Project Juab County, Utah, USA, Arthur J. Mendenhall.

Table 3. Historic rock sample highlights

^{NI 43-101 Disclosure 2.}

While Coyote Knoll is approximately 40 km southwest of the Tintic District the geological setting at Coyote Knoll exhibits similarities to the Tintic Mining District. Where precious metal epithermal veins at the Trixie Mine are formed within faulted quartzites and the Burgin and Tintic Standard mines are hosted in carbonate-rich stratigraphy forming CRD. During the March site visit, the Company also toured the high-grade Trixie Gold Mine to gain further insight into the regional geological setting of the Tintic Mining District. At Coyote Knoll, epithermal mineralization is located along the margin a large volcanic caldera hosting a granitic center. Veining crosscuts quartzite, carbonate-rich stratigraphy and volcanic flows. This provides an encouraging framework for the exploration of both epithermal veins and potential carbonate replacement mineralization at Coyote Knoll.

Fieldwork conducted during a March 2025 site visit confirmed the presence of epithermal-style mineralization with key geological features including:

• Silica-flooded pebble clastic fault breccia (pebble dyke), jasperoid, and chalcedony vein infill hosted within faulted quartzite.
• Mineralization consisted of native silver and silver sulphide ‘sulfosalt’ minerals.
• Secondary northwest-trending epithermal veining represented by quartz-carbonate and jasperoid infill. This trend contains anomalous silver and elevated pathfinder elements such as arsenic (As), copper (Cu), lead (Pb), antimony (Sb), and zinc (Zn) (Table 4).

Table 4. Coyote Knoll grab sample results (March 2025 site visit)

^{NI 43-101 Disclosure 2.}

National Instrument 43-101 Disclosure

The technical content of this news release has been reviewed and approved by triumph gold’s Principal Geologist Marty Henning, P.Geo., a ‘Qualified Person’ as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (‘NI 43-101’). He verified the data collected during the March 2025 site visit, including sampling, analytical and test data, and the underlying technical information in this news release.

The historical data presented in this release has not been verified for accuracy and reliability with the use of current quality assurance, quality control, or chain of custody standards current with NI 43-101 best practices. See the following disclaimers for additional details.

1. The Company has not done sufficient work to classify the historical drilling information as current to NI 43-101 and is not treating the historical drilling disclosure as a current mineral estimate. Historical drilling database has not been verified for accuracy or quality. The reported historical values in this release require verification through additional exploration drilling, twinned holes will be used to verify style, grade and widths of mineralization.
2. Grab samples are from select surface material and may not represent true underlying mineralization and drilling is required to confirm mineralization width and grade continuity below surface. Additional sampling is required to verify historical rock sample database.
3. The 12-ton bulk sample reported in 2012 has not been verified for accuracy or quality control and therefore the reported tonnage and grades are not considered a 43-101 mineral resource estimate or a pre-feasibility study. Additional exploration drilling and metallurgical studies are required to verify tonnage and concentrations of silver and gold contained beneath the mined-out area. The bulk sample values are provided to illustrate the presence of surface mineralization.
4. The 1,000 ounces of silver doré, produced in 1998 reported by Phoenix Gold Resources has not been verified. This information is not considered a mineral resource estimate as there were no reported head grades or tonnage provided. Additional drilling and metallurgical studies are required to verify width, strike and plunge of the surface mineralization reported from the open pit operation at Coyote Knoll. This bulk sample information is provided to illustrate the presence of surface mineralization.

Rock samples collected during the site were located using a handheld GPS, material was sealed in heavy poly ore sample bags with a representative sample retained for future inspection. Samples were placed into a 5-gal pail and shipped to ALS Vancouver for analyses. Samples were crushed, split and pulverized using PREP-31 specifications and analyses was completed using ME-GRA22 for Ag and Au as well as ME-MS41 for a multielement output utilizing an aqua regia digest, over limit elements (Ag, Cu and Pb) were analyzed using OG46.

About triumph gold Corp.

triumph gold is a Canadian based, growth-oriented exploration and development company with a district scale land package in mining friendly Yukon. Led by an experienced management and technical team, The Company is focused on actively advancing their flagship Freegold Mountain Project using multidiscipline exploration and evaluation techniques. The Company acknowledges the Freegold Mountain, Tad Toro and Big Creek properties are situated within the traditional territory of the Little Salmon Carmack and Selkirk Nations. triumph gold is committed to ongoing engagement with local communities through communication, environmental stewardship, and local employment.

The road-accessible Freegold Mountain Project, located in the Dawson Range Au-Cu Belt, is host to three NI 43-101 Mineral Deposits (Nucleus, Revenue, and Tinta Hill). The Project is 200 square kilometers and covers an extensive section of the Big Creek Fault Zone, a structure directly related to epithermal gold and silver mineralization as well as gold-rich porphyry copper mineralization.

The Company owns 100% of the Big Creek and Tad/Toro gold-silver-copper properties situated along strike of the Freegold Mountain Project within the Dawson Range.

The Company also owns 100% of the Andalusite Peak copper-gold property, situated 36 km southeast of Dease Lake within the Stikine Range in British Columbia. The Company acknowledges the Andalusite Peak property project is situated within the traditional territory of the Tahltan Nation. triumph gold is committed to ongoing engagement with local communities through communication, environmental stewardship, and local employment.

On behalf of the Board of Directors,

Signed ‘John Anderson’

John Anderson, Executive Chairman

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors – including the availability of funds, the results of financing efforts, the completion of due diligence and the results of exploration activities – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR+ (see www.sedarplus.ca). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise

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