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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 DouglasGVasson Feb 14, 2024 11:28am
237 Views
Post# 35879817

RE:RE:RE:Takeover question

RE:RE:RE:Takeover question Goodmorning LME'ers!  Please remember and respect that I am on Pacific time while many of you are on Eastern time.  I understand that I have to earn your trust and I am ok with that.  I will however ignore the slander and negative comments as they have no place or recognition in this forum.  This is a medium for fact-based discussion.  The majority of us are shareholders which makes us on the same team.  We all have the freedom to join the team or exit at anytime.  I will reiterate and have confirmed that there have been NO WRITTEN/FORMAL OFFERS presented to date.  As stated in the FAQ "previous interest in LME was expressed" which does not qualify as an offer.  I stand corrected that an initial offer can be rejected/negotiated by the Special Committee and once a deal has been made formal, written and accepted by the Committee and Cynthia it is then announced to the public.  The shareholder vote would happen approx. 30 days after an announcement (PR) and the mailing of the proxy circular.  The offer has to be third party evaluated, court approved and then shareholder approved by way of a vote before being finalized.
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