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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 DAM$on Sep 22, 2022 8:41am
408 Views
Post# 34978496

FT shares private Placement

FT shares private Placement

From Roger this morning. 

WOW!
 
More great NEWS this morning from Cynthia.   
 
LAURION's relatively small $550,000 Flow Through Private Placement announcement last week drew an overwhelming strong/positive response from Bay Street and Wall Street Institutional players wanting an opportunity to position themselves in LAURION's Ishkoday Gold Silver Copper Zinc Project upside.
 
Cynthia also as LAURION's largest shareholder is limiting who and how much these outside parties can participate in LAURION's future.
 
Note:
LAURION Mineral Exploration Inc. (symbol:TSX.V:LME) has never been in such a strong financial position and sits on a very impressive corporate treasury.  LAURION's Ishkoday Project is also generating better resource estimates than previously expected.  LAURION does not need the money.  So why accept new money in LAURION's corporate treasury?
 
The advice I have given my adult daughters is:
- you apply for a job when you don't need it.
- you except a line of credit when you don't need it, and
- you sell an asset when when you don't need to sell it.
This places you in the strongest position to negotiate the terms/the offer that is most suitable to you.
 
This is exactly what Cynthia's position has always been to position LAURION is such a position that it is LAURION who dictates the terms of its FUTURE.
 
Very exciting!  More NEWS to follow!

Hopefully one or more of these Institutional investors will initiate coverage and add a bit of buzz around our secret, nearly private company 
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