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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 Jimo82on Apr 17, 2024 5:47pm
182 Views
Post# 35994765

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

RE:RE:RE:RE:RE:RE:RE:RE:better sell this year... new Capital Gains tax increases!If you don't have your shares in your TFSA or your spouses TFSA you can transfer the shares over. I'd look to max out your TFSA first and limit exposure to your margin or cash account. 

Also, the one time lifetime capital gains exemption is $1,016,836 in Canada as of now. If you haven't used it you can claim it for any future gain. You can also pull back 3 years of any capital losses to offset the gain. 

If you have already used it, you may want to transfer the shares into your spouses name so they can claim it. 

If you and your spouse havent used it, I'd look to split any share ownership between the both of you whatever is left outside of your TFSA to claim it.

Your accountant most likely would advise the same, if you don't have one, suggest talking to one to plan for a future capital gain. 


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