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Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s):  LMEFF

Laurion Mineral Exploration Inc. is a Canada-based mid-stage junior exploration and development company. The Company is engaged in the acquisition, exploration and development of Canadian gold and base metal mineral resource properties. It is focused primarily on its wholly owned 57.43 square kilometers (km2) (14,191 acres) flagship brownfield, Ishkoday Gold and Polymetallic Project, located 220 kilometers (km) North-East of Thunder Bay, Ontario, Canada. Its 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. It holds a 100% interest in Brenbar, which consists of two mining leases covering 255 hectares contiguous and to the west of Ishkoday. It has a 100% interest in the Jubilee-Elmhirst, Beaurox and Twin Falls property. The Company also owns a 30% joint venture interest and Canadian Gold Miner Corp.


TSXV:LME - Post by User

Post by ICampon Sep 21, 2012 12:57pm
251 Views
Post# 20396531

New CFO

New CFO

https://www.4-traders.com/news/Laurion-Mineral-Exploration-Inc-Laurion-Appoints-New-Chief-Financial-Officer--15217747/

Laurion Mineral Exploration Inc. : Laurion Appoints New Chief Financial Officer

09/20/2012 | 09:55am US/Eastern

TORONTO, ON -- September 20, 2012 - Laurion Mineral Exploration Inc. (TSX-V: LME) (OTCQX: LMEFF) ("Laurion" or the "Corporation") is pleased to announce that Douglas Bolton has been appointed Chief Financial Officer and Director of the Corporation. Mr. Bolton will assume the role of Chief Financial Officer from Mr. David Burkes who has been the acting Chief Financial Officer for the Corporation. Mr. Burkes will remain on the board of directors at Laurion.

Mr. Bolton is a member in-good-standing with the Institute of Chartered Accountants of Ontario. During his career in public accounting, Mr. Bolton spent over 25 years as a partner in an audit firm whose primary focus was the auditing of reporting issuers listed on the TSX Venture Exchange (the TSXV) who are involved in the extractive industries. Those companies, primarily at the exploration and evaluation stage had properties in Canada, Africa and throughout Central and South America.

Cynthia Le Sueur-Aquin, President and CEO of Laurion commented, "Mr. Bolton brings to Laurion more than 36 years of management and accounting experience in both the private and public sectors, an excellent knowledge of the financial reporting changes recently adopted in this global economy, and an appreciation of the opportunities and challenges faced by companies in the junior resource sector. The Board of Directors of Laurion would like to thank Mr. Burkes for his dedication, hard work and valued service over the years in his role as Acting Chief Financial Officer".

Pursuant to the Corporation stock option plan, Mr. Bolton was granted 250,000 stock options at the exercise price of $0.10 per stock option, vesting over a period of two years, which was included in his total compensation package. In consideration for his services, Mr. Bolton will also receive a monthly fee and reimbursement of approved disbursements. The grant of options to Mr. Bolton remains subject to the approval of the

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