Laurion Mineral Exploration Inc V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

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

Laurion Mineral Exploration Inc > New Press Release - LAURION ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

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Comment by matlason Oct 27, 2023 11:45am

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Post# 35704159

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - LAURION ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Just keep in mind guys that with FT shares, even if there is some decline in value, you can still be ahead because of the tax deductions.

Typically, between write-off of CEE and ITCs, i think that more than 50% of investment is covered by tax savings.

The flip side is that the allocation of CEE reduces cost base of shares for tax purposes, but that does not matter until you sell, and meanwhile the tax savings subsidizes the investment.

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This junior mining stock offers billions in market exposure