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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 aucottonon Nov 01, 2024 9:59am
177 Views
Post# 36292130

RE:RE:AGM vs. BO Announcement

RE:RE:AGM vs. BO Announcement

Jrgoldman, I appreciate and share in your optimism. But would you be able to explain further your understanding of the agm requirements?

Based on what I have read this is what I've found. See below...
 

Taken from
TMX Venture Exchange
policy 3.2 - Filing requirements and continuous disclosure
 

4. Shareholder Meetings
 
4.1 Every Issuer must hold an annual meeting of its Shareholders by the earlier of the time required by applicable corporate or securities legislation and 18 months after:
 
(a) the date of its incorporation; or
 
(b) the date of its certificate of amalgamation, in the case of an amalgamated Issuer,
 
and subsequently thereafter in each year not more than 15 months after its last preceding annual meeting of Shareholders or such earlier date as required by applicable corporate or Securities Laws.

...AND SUBSEQUENTLY THEREAFTER IN EACH YEAR...

I might be wrong but I just wouldn't mind an explanation on how ANY (not specifically LME) issuer can go beyond every calendar, no more than 15 months. But in the case of LME, what have they done avoid the agm this calendar? Were they granted an extension? Is there another 'loophole' mentioned in another TMX VE policy? 

im not doubting that you have more experience based on what you've expressed but just asking for further explanation. I appreciate your time. Thank you.

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