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.

TSXV:LME - Post by User

Laurion Mineral Exploration Inc. > Break-up Fee

<< Previous

Bullboard Posts

Next >>

Post by JoJoHairBloon Jul 10, 2024 6:50pm

489 Views

Post# 36127380

Break-up Fee

Good day everyone.

I remember a while back somene talking about some sort of break-up fee that will need to be paid if/when this thing sells. The number that was kicking around at that time was $300M.

I have no idea to whom this fee will need to be paid or what it's for.

Could anyone that has knowledge speak to this please? Also, If this sells for like $2, as some have said, and the break-up fee is still $300M, well....you can do the math.

Thanks

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario