Laurion Mineral Exploration Inc. V.LME

Alternate Symbol(s): LMEFF

Metals & Mining Gold

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.

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Laurion Mineral Exploration Inc. > New Laurion FAQ

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Comment by fatlason Aug 05, 2023 7:03pm

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Post# 35575095

RE:RE:New Laurion FAQ

Mostly yeah...but I think this is new:

Interest directed at LME's Board of Directors previously have been at a premium to the current average share price.

1. They have been in at least one discussion at the Board level
2. They have received at least one offer to buy LME at the Board level
3. The have/has grammar isn't great but I read it as indicating multiple offers - maybe.
4. The offer(s) received have been at a premium to the current share price
5. I take the acknowledgment of past offers to mean that they are no longer active. A past but no longer active offer could explain the '2022 is the year' communications from Laurion. COVID and the situation in the Ukraine were cited at the last AGM as complications and reasons for delay. Maybe a past acquiror died of COVID? Maybe Russian sanctions had an impact? Who knows?! - there are millions of reasons an offer and/or deal can fall apart.

I think this is a significant sentence to be released!! I assume any offer would be above our $0.40 share price and have gone on faith for years that their confidence was due to positive deal activity. I think we just got our proof