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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 TraderRCon Nov 10, 2023 1:29am
405 Views
Post# 35727663

Question on BO

Question on BOHi Steve,
One other question that comes to mind. In the past, there was talk of when the company is sold it will be for an all cash offer, has Cynthia's position on this changed?  Can we expect an all cash offer whenever that will be, or is a cash and share offer a possibility?  If this is sold to a mid tier, and there is a share component to the offer, it may give us an opportunity to enjoy a greater return if we decide to continue to hold the new shares. 
I ask this because in the past, we were told no MRE, we have the data room, but after Thursday's crazy back and forth about the MRE, it leaves me to wonder how an offer will be structured.
Thanks, hoping to get an answer on this one, never did get a response on my other questions from my earlier post.
TraderRC
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