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Lafleur Minerals Terminates Option Agreement on Brazil-Li 1 Lithium Property

Lafleur Minerals Inc. (CSE: LFLR)

By NewsfileCorp
Jul 4th 2024, 9:15 AM EDT

Vancouver, British Columbia–Lafleur Minerals Inc. (OTC Pink: WPNNF) has announced that Quebec Pegmatite Corp., a wholly-owned subsidiary of the Company, has terminated the Option Assignment Agreement dated August 7, 2023. Following this termination, Subco has relinquished its option to acquire the Brazil-Li 1 Lithium Property located in Brazil. The company has no further obligations under the agreement.

About Lafleur Minerals Inc.

Lafleur Minerals Inc. is a North American junior mining exploration company specializing in lithium. The company owns 100% of two lithium properties located in the James Bay and Mazérac regions, covering approximately 303 km². The Vieux Comptoir property is about 45 km east of the Patriot Battery Metals Corvette Project and 45 km west of Winsome Resources’ Adina project. The property is under Option to Superior Mining International Corporation. The Mazérac property is located around 50 km southwest of Val-d’Or, near Vision Lithium’s Cadillac property and Winsome Resources’ Decelles property.

Management Comments

Paul Teniere, CEO, commented, “We believe this decision allows us to focus more effectively on our core assets and ensure maximum shareholder value.”

On behalf of the board,
Paul Teniere
Chief Executive Officer

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