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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Comment by StevenHunteron Oct 19, 2023 7:28pm

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Post# 35692072

RE:RE:RE:RE:RE:RE:RE:Article

Definitely not a plan that is being considered

ahsineeg wrote: Wild Theory - there's going to be a management / board buyout of the company. Nick resigned as he wasn't interested in taking part in it and had no insterest in committing his shares to the deal. But private equity money is lining up to take LME private....they're going to offer us $4 / share (not the $8+ I'm expecting). We get immediate liquidity at a massive premium to today's share price, Cynthia has more capital to further develop the property, and ultimately work towards being bought out at a later date at $30 / share.

The above scenario could be classified as a " potential groundbreaking financing initiative". Just a theory, unfortunately Cynthia hasn't sought my advice.