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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

Comment by Lambosntendieson Oct 12, 2023 10:25am
235 Views
Post# 35680434

RE:Twin Falls

RE:Twin FallsI appreciate you trying Steve, thanks! 

According to the press release regarding the twin falls aquisition it says "The Acquisition was completed as an “Expedited Acquisition” under TSXV Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets, and remains subject to the TSXV’s final acceptance" Typically how long does it take to reciever the TSXs final acceptance?

I have attached a copy of the policy here:

chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.tsx.com/resource/en/444

I was also curious if you could clarify a question I had in regards to point 4.1.G.

In regards to 4.1.G: "any securities issued as consideration for the acquisition do not result in any Person who was previously not an Insider becoming an Insider of the Issuer;" The press release states "The Acquisition is an arm’s length transaction" To me that means the individual(s) is not an insider. Obviously you are unable to confirm their identity are you able to confirm that they are or are not an insider? 

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