Mr. Kulwant Malhi, a shareholder and chairman, reports

EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103

In connection with the filing of an early warning report pursuant to the requirements of National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues regarding the acquisition of securities of the issuer by Bullrun Capital Inc. (the acquiror). The acquiror is a private venture firm incorporated pursuant to the laws of the Province of British Columbia and is owned and controlled by Kulwant (Kal) Malhi, a director and chairman of Lafleur Minerals Inc. (the issuer), with a head office at 10589 Ladner Trunk Rd., Vancouver, B.C., V4K 3N3. The issuer's head office is located at suite 1500-1055 West Georgia St., Vancouver, B.C., V6E 4N7.

On March 14, 2025, Kulwant (Kal) Malhi, a director and chairman of the issuer, through the acquiror, acquired four million shares in connection with an option agreement dated Sept. 17, 2024, between the issuer and the acquiror pursuant to which the issuer was granted an exclusive option to acquire a 100-per-cent interest in and to certain mining claims and a mining lease to which the acquiror is the registered and beneficial owner.

Prior to the transaction, Mr. Malhi held, directly and indirectly, 3,876,246 shares and 251,000 common share purchase warrants, representing approximately 7.39 per cent of the issued and outstanding shares (on a non-diluted basis), and 7.86 per cent of the issued and outstanding shares (on a partially diluted basis), based on an aggregate of 52,485,815 issued and outstanding shares prior to the closing of the transaction.

Following the transaction, Mr. Malhi held, directly and indirectly 7,876,246 shares and 251,000 common share purchase warrants, representing approximately 13.88 per cent of the issued and outstanding shares (on a non-diluted basis), and 14.32 per cent of the issued and outstanding shares (on a partially diluted basis), based on an aggregate of 56,735,815 issued and outstanding shares following the closing of the transaction.

The acquiror acquired the shares for investment purposes. The acquiror may, depending on market and other conditions, increase or decrease its ownership of the issuer's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.