BitFuFu to Update Investors at the Emerging Growth Conference on December 11, 2025

Rhea-AI Summary

LaFleur Minerals (CSE:LFLR / OTCQB:LFLRF) is positioning to transition from explorer to near‑term producer in Quebec's Abitibi gold belt. Key assets and plans include a fully permitted 750 tpd Beacon Gold Mill (C$71.5M replacement value; restart cost ~C$5–6M), a Swanson Gold Project with a current resource of 123.4 Koz Au Indicated and 64.5 Koz Au Inferred (total ~187.9 Koz), a 5,000m 2025 drill program, and permitting for a ~100,000 mt bulk sample (expected ~6,350 oz contained).

The company completed a fully subscribed C$2.88M unit raise, an additional >C$553k equity raise, and is pursuing a C$5M secured debt to fund the Beacon mill restart targeting production ramp by Q4 2025 and full commercial operation in early 2026.

Positive

• Beacon Mill capacity of 750 tpd with C$71.5M replacement value
• Restart cost estimated at C$5–6M, implying capital efficiency
• Closed C$2.88M LIFE offering and >C$553k equity raise
• 5,000‑meter drill program launched July 2025 targeting 50+ prospects

Negative

• Current combined resource ~187.9 Koz Au (123.4 Koz Indicated + 64.5 Koz Inferred)
• Bulk sample (~100,000 mt) expected to yield only ~6,350 oz (~3% of resource)
• Proposed C$5M secured debt required to finance mill restart

Key Figures

Gold price: >$3,500 per ounce Diamond drilling program: 5,000 meters Swanson resource: 123.4 Koz Au Indicated; 64.5 Koz Au Inferred +5 more

8 metrics

Gold price >$3,500 per ounce Gold trading at a new record high

Diamond drilling program 5,000 meters Launched July 2025 across Swanson, Bartec, Jolin, Marimac

Swanson resource 123.4 Koz Au Indicated; 64.5 Koz Au Inferred Current mineral resource estimate

Bulk sample size ~100,000 mt Planned Swanson bulk sample with 1.89 g/t Au

Contained gold in bulk sample ≈6,350 ounces About 3% of current Swanson resource estimate

Beacon mill capacity 750 tonnes per day Fully permitted Beacon Gold Mill

Beacon mill upgrades C$20 million Upgrades completed in 2022

Beacon restart budget C$5–6 million Planned restart over six to eight months

Market Reality Check

Price: $24.50 Vol: Volume 63,205 vs 20-day a...

low vol

$24.50 Last Close

Volume Volume 63,205 vs 20-day average 403,054, indicating muted trading interest ahead of the event. low

Technical Price at $2.94 sits 51.4% below the 52-week high $6.05 and above the 52-week low $2.56, trading below the 200-day MA at $3.76.

Peers on Argus

Within Financial Services / Capital Markets peers, moves are mixed: HIVE -2.52%,...

1 Up

Within Financial Services / Capital Markets peers, moves are mixed: HIVE -2.52%, OPY -0.03%, AMRK +2.17%, CNCK -25.48%, SWIN +3.8%. Momentum scanner only flags BTBT up 6.14%, suggesting today’s setup is stock-specific rather than a broad sector move.

Historical Context

5 past events · Latest: Dec 05 (Negative)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 05	Monthly crypto update	Negative	-2.5%	Bitcoin holdings and hashrate declined during equipment upgrades and conservative procurement.
Dec 04	Marketing / expansion	Positive	+0.2%	Sponsorship of Bitcoin MENA 2025 to expand Middle East presence and partnerships.
Nov 12	Earnings results	Positive	-8.5%	Q3 2025 revenue and profitability improved sharply with higher mining capacity and users.
Nov 06	Conference sponsorship	Positive	-5.9%	Sponsorship and presence at Mining Disrupt 2025 to showcase platform and tech.
Nov 05	Monthly crypto update	Positive	+11.7%	October mining update with new miner purchase and hosting program plus conferences.

Pattern Detected

Recent news often saw negative or muted price reactions, even on seemingly positive operational or marketing updates, with one notable positive reaction to an operational update.

Recent Company History

Over the last month, BitFuFu has reported several operational and marketing milestones. On Nov 5 and Dec 5, 2025, monthly Bitcoin production updates showed changing hashrate and power capacity, with reactions of +11.67% and -2.51%, respectively. An earnings release on Nov 12, 2025 highlighted strong revenue and profit metrics but saw a -8.46% move. Conference sponsorship announcements on Nov 6 and Dec 4 produced modest to negative price responses. This backdrop frames today’s conference-focused headline as part of an ongoing investor-relations and growth narrative.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-11-07

An effective Form F-3 shelf dated Nov 7, 2025 covers the resale of up to 1,008,000 Class A Ordinary Shares by a selling shareholder. The company states it is not selling securities under this prospectus and will not receive proceeds from these resales.

Market Pulse Summary

This announcement highlights BitFuFu’s ongoing investor-outreach strategy, adding another conference...

Analysis

This announcement highlights BitFuFu’s ongoing investor-outreach strategy, adding another conference appearance to a series of recent operational and marketing updates. Historical data show mixed price reactions around news, including both double-digit gains and notable selloffs following production and earnings releases. Investors may focus on upcoming operational metrics, regulatory filings like the Form F-3 covering 1,008,000 Class A shares, and any changes in hashrate or capacity as key indicators to watch.

Key Terms

nonyielding assets, Preliminary Economic Assessment (PEA), NI 43-101 Technical Report, Gross Metal Royalty, +4 more

8 terms

nonyielding assets financial

"Lower interest rates reduce the opportunity cost of holding nonyielding assets such as gold,"

Nonyielding assets are resources a company owns that do not generate regular income, such as unused property, idle equipment, unsold inventory, or intangible items that produce no cash flow. They matter to investors because these assets tie up capital without producing returns, like a parked car that isn’t being driven; that reduces overall profitability and can hide the true earning power of a business or raise questions about how efficiently management uses resources.

Preliminary Economic Assessment (PEA) technical

"preparing a Preliminary Economic Assessment (PEA), which will evaluate the potential for"

A preliminary economic assessment (PEA) is an early-stage study that shows whether a proposed mining or resource project could make money by estimating likely production levels, costs, and returns using accessible but limited data. It matters to investors because a PEA acts like a rough business plan or feasibility snapshot: it highlights potential value, capital needs and main risks so investors can decide whether to fund further, more detailed work or walk away.

NI 43-101 Technical Report regulatory

"filed an updated NI 43-101 Technical Report reaffirming 2024 resource estimates"

A NI 43-101 technical report is a standardized, legally required study used in Canada that describes a mining project’s geology, exploration work, and estimates of how much mineral or ore might exist. Think of it as an independent inspector’s blueprint that explains the data, methods, and uncertainties behind those estimates so investors can judge how reliable the claims are and compare projects on a consistent basis.

Gross Metal Royalty financial

"C$2,500, subject to a modest 2% Gross Metal Royalty, further expanding its footprint."

A gross metal royalty is a contractual right to receive a fixed percentage of the value of metal produced from a mine, calculated on total sales before any mining or processing costs are deducted. For investors, it matters because royalty holders get steady exposure to metal price movements with little operational risk, while the mining operator has a recurring cash outflow that reduces its revenue and can affect profitability—think of it like a landlord taking a share of rental income regardless of the tenant’s expenses.

reclamation bond regulatory

"and backed by a C$2.4 million reclamation bond, the Beacon Mill is a strategic advantage"

A reclamation bond is a cash deposit or financial guarantee a company must post with regulators to pay for restoring land and cleaning up environmental damage after activities like mining or large construction projects. Think of it as a security deposit for the site: if the company can't or won't do the cleanup, regulators use the bond to pay contractors. For investors this matters because bonds tie up cash or credit, increase project costs, and reduce the risk that future environmental liabilities suddenly hit shareholders.

toll milling technical

"an attractive option for toll milling, potentially generating additional revenue streams"

Toll milling is when a company hires a third-party processor to refine, mill or transform raw materials it owns, paying a fee per unit rather than doing the work in its own facilities. For investors, it matters because toll milling can lower capital and operating costs, speed up production or preserve flexibility, but it also creates dependence on outside partners and fees that affect margins and supply reliability — like renting a specialized workshop instead of owning the factory.

porphyry mineralization medical

"discovered additional copper-gold porphyry mineralization emanating from the roots of the zone,"

Porphyry mineralization is a large, low-to-medium grade deposit where valuable metals like copper, gold or molybdenum are spread through extensive bodies of rock formed around cooling magma. Think of it as metal “chocolate chips” dispersed throughout a giant cookie rather than concentrated in a single vein. For investors it matters because these deposits can support long-life, high-volume mines with steady production and lower per-unit costs, making them important sources of base and precious metals.

Qualified Person regulatory

"considered a Qualified Person for the purposes of NI 43-101."

A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.

AI-generated analysis. Not financial advice.

SINGAPORE, Dec. 09, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a world-leading Bitcoin miner and mining services innovator, today announced that it will provide a brief update to investors at the Emerging Growth Conference on December 11, 2025.

This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s Vice President of Investor Relations, Charley Brady, who will present an update and, time permitting, open the floor for questions. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event.

BitFuFu will be presenting at 3:55 PM Eastern time for 10 minutes.

Please register to ensure you are able to attend the conference and receive any updates that are released. Registration Link

To first view the Company’s previous presentations, visit: BitFuFu Emerging Growth Conference Presentation - July 16, 2025 and BitFuFu Emerging Growth Conference Presentation - August 20, 2025

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and on the Emerging Growth YouTube Channel, http://www.YouTube.com/EmergingGrowthConference. BitFuFu will share the link after the event.

Upcoming Conferences:
BitFuFu will also be presenting at the following upcoming conferences.

• December 16, 2025: Northland Growth Conference, Virtual.
• January 28-29, 2026: DealFlow Discovery Conference, Atlantic City, NJ.

About BitFuFu Inc.
BitFuFu Inc. is a world-leading Bitcoin miner and mining services innovator. BitFuFu is committed to empowering the global Bitcoin network through its industry-leading cloud mining platform, rapidly scaling infrastructure, and innovative mining services.

For more information, visit ir.bitfufu.com or follow BitFuFu on X @BitFuFuOfficial.

About the Emerging Growth Conference
The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner.

The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts.

All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of BitFuFu’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause BitFuFu’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. All information provided in this press release is as of the date of this press release and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Contact:
BitFuFu Investor Relations
ir@bitfufu.com

Charley Brady
Vice President, Investor Relations:
charley.b@bitfufu.com

Media Contact:
BitFuFu Media Relations
pr@bitfufu.com

FAQ

What did LaFleur Minerals (CSE:LFLR) announce about the Beacon Gold Mill restart timeline?

LaFleur targets a production ramp by Q4 2025 and full commercial operation by early 2026.

How much will it cost to restart the Beacon Gold Mill according to LaFleur (LFLR)?

Restart is estimated at approximately C$5–6 million, with Bumigeme estimating ~C$4.1 million rehabilitation costs.

What is LaFleur's current Swanson mineral resource (CSE:LFLR)?

Swanson has a reported 123.4 Koz Au Indicated and 64.5 Koz Au Inferred, totaling about 187.9 Koz.

What financing has LaFleur (LFLR) completed to support the Beacon Mill restart?

LaFleur closed a fully subscribed C$2.88M unit offering and raised an additional >C$553,000, and is pursuing a proposed C$5M secured debt.

What size and expected yield is LaFleur's proposed bulk sample at Swanson (LFLR)?

The planned bulk sample is ~100,000 mt, expected to average 1.89 g/t Au and contain about 6,350 ounces of gold.

How large is LaFleur's 2025 drilling program and what does it target (LFLR)?

LaFleur launched a 5,000‑meter diamond drilling program in July 2025 targeting more than 50 prospects across Swanson, Bartec, Jolin and Marimac.