If you want a real led thrower, check out XRE equipped torches. They have tiny emitters and glass optics on the package, little since has. Or XPG for a bit more flood. XML has same or better surface brightness now but larger optics required.
Maelstrom G5 could be a good choice if you can get a deal on one. I owned both XPG and XML versions, XPG was better thrower but XML is a better all round worklight and hand cannon with more flood.
Id recommend the 7G5 series from crelant esp with the aspheric head. The newest version the CS U3 is slightly more than your buget but you should be able to find the V2 around $60