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Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s):  LMEFF

Laurion Mineral Exploration Inc. is a Canada-based junior mineral exploration and development company. The Company is engaged in the acquisition, exploration, and development of mineral resource properties. The Company is focused primarily on its wholly owned 47 square kilometers (km2) flagship brownfield, Ishkoday Gold, located 220km North-East of Thunder Bay, Ontario, Canada. The Company’s Ishkoday is situated in the Onaman-Tashota Greenstone Camp in the Irwin, Walters, Elmhirst and Pifher Townships, located 25 km northeast of the Town of Beardmore, Ontario, and 220 km northeast of Thunder Bay, Ontario. The Company holds Twin Falls property, which is contiguous and lies west of the Ishkoday Project. The Company also holds a 100% interest in Jubilee-Elmhirst, and Beaurox. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Comment by ahsineegon Sep 13, 2023 2:59pm
288 Views
Post# 35634443

RE:RE:Premier Gold Management Information Circular

RE:RE:Premier Gold Management Information CircularFrom what I recall you shared in the past, you have a good enough position in LME....

But to answer your question....I don't have any examples of companies issuing a PR to say they formed a special committee.

In the LME PR about retaining US Capital Global, they called the agreement a related party transaction.  My belief is that it has something to do with John Covello and him being Canadian Business Development for Metals House Inc (as per bio in LME website board of director bio page) https://www.laurion.ca/corporate/management-board-of-directors/

Metals House has a strategic partnership with LME and has used US Capital Global to raise $150 million.  https://www.uscapglobal.com/news/metals-house-forms-strategic-alliance-with-laurion.html

My belief is that it's easy to work with US Capital Global because they would already have an understanding of the value of LME and can get a fairness opinion report completed quickly.  

Open to any musings folks have.  I'm just sharing what I find when I find it.  

Discuss away!

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