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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 GoldBelton Nov 14, 2023 9:06am
313 Views
Post# 35733951

RE:New Press Release - LAURION Provides Update on Corporate Activities and Strategic Objectives

RE:New Press Release - LAURION Provides Update on Corporate Activities and Strategic Objectives"Since the announcement, US Capital Global has progressed to the latter stages of its due diligence review process. LAURION remains confident that US Capital Global is well-positioned to help identify and if deemed appropriate by the Special Committee, unlock, potential strategic alternatives and transactional opportunities for the Corporation."

hmmm...last PP provides enough money to do 43-101...was this part of negotiation tactic to pressure the buyer(S) at the table to complete a transaction soon with present data or else the price will be much higher with 43-101?
...like getting your house or classic car sold now vs getting an accredited appraisal and likely a much higher price
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