Toronto, Ontario--(Newsfile Corp. - February 6, 2025) - Lavras Gold Corp. (TSXV: LGC) (OTCQX: LGCFF) ("Lavras" or the "Company") is pleased to announce that, further to its press releases of January 30, 2025 and January 31, 2025, it has completed the previously announced "best efforts" public offering, pursuant to which the Company issued an aggregate of 6,819,500 common shares of the Company (each, a "Share") at a price of C$2.20 (the "Offering Price") per Share for gross proceeds of C$15,002,900 to the Company, which included the full exercise of the over-allotment option granted in connection therewith (the "Offering"). The Shares were issued and sold pursuant to the terms of an agency agreement dated February 3, 2025 among the Company, Paradigm Capital Inc. and Canaccord Genuity, as co-lead agents, and Raymond James Ltd. and Research Capital Corporation (collectively, the "Agents").