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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Laurion Mineral Exploration Inc. > better sell this year... new Capital Gains tax increases!

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Comment by GoldBelton Apr 17, 2024 12:39pm

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Post# 35994036

RE:RE:RE:better sell this year... new Capital Gains tax increases!

I don't know how accurate this is but here's a thread showing what Canadians will be paying on capital gains in each province.

Does this tax change alter any deal LME is reviewing? Closing date prior to this tax change or delay until there is potentially a different party is in power after the election to repeal this tax ?
For every $10m in capital gains it's going to cost almost $870k MORE in taxes.
https://x.com/aaronhectorcfp/status/1780389330214928658?s=48&t=BQI0yz1feQq1ecYlHT_naA

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