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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 Wmaveron Aug 23, 2022 3:00pm
358 Views
Post# 34915014

Proxy Votes

Proxy VotesSeems to be a wealth of knowledge here, One question I just thought of. It is understood that a vote is required to happen to approve any potential buy out of a publicly traded company like LME. If the insiders hold 80% we all already know a vote is just a rubber stamp, as they control more than enough to put anything through. But if the directors had proxy voting power from enough of those insider shareholders. Would they even need to hold a vote? Or just announce the results from the vote and majority of shares they hold or have proxies for?
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