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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.


TSXV:LME - Post by User

Laurion Mineral Exploration Inc. > press release
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Comment by StevenHunteron Sep 29, 2023 6:30pm
161 Views
Post# 35662741

RE:RE:RE:RE:RE:RE:RE:press release

RE:RE:RE:RE:RE:RE:RE:press releaseNot commenting on Nick's options, but IN GENERAL being a director or not would have zero impact on somoene being able to exercise options and/or warrants.  The terms of those are disclosed and even if you earned them by being a director they belong to you and the terms cannot be changed.

Hope that helps,

Steve

mithril56 wrote: I stand corrected.  I re-read the information circular from last AGM to understand the rules of options / vesting.  It seems like all options would fully vest after 3 years (1/3 a year)....and it may be that even after resigning, he would have 1 year to exercise any remaining options.  So a buyout could happen still and he'll make his money.


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