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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 matlason Oct 06, 2023 8:46am
148 Views
Post# 35672734

RE:RE:RE:RE:RE:RE:RE:RE:RE:Press Release Jan/23

RE:RE:RE:RE:RE:RE:RE:RE:RE:Press Release Jan/23There are many comments on this that have been made over the months.

As way know, their official stance, is no to that. However, as to whether they would give in on that at the end, I cannot say.

I am sure that most of the folks on the forum would be good on that even if it mean having to take a bit of a hit if the shares taken back are blown after the BO.

However, for Roger and the LME Board, there may be a lock-up period necessitated, which they may not find pallatable.

With all that said, I think that this is a lot less likely to be an issue given that they have brought USCG on board. My guess is that they have access to foreign buyers, perhaps in middle east, that have the mega buck needed to do a cash deal.

I don't think that they would have been brought in if the buyer was a Canadian pubco.
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