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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 Nov 25, 2024 2:06am
305 Views
Post# 36328453

RE:RE:RE:RE:RE:RE:LAURION Mineral Exploration: A Promising Mineral Development

RE:RE:RE:RE:RE:RE:LAURION Mineral Exploration: A Promising Mineral Development

Bracko wrote:

This is a transcript from the interview yesterday 
Doug can you answer this question please is Cynthia admitting there is a variety of opportunities meaning there is offers on the table when this was taken.

She says this in her video and transcript ,or I'm reading this wrong.



LAURION is better positioned to evaluate a variety of opportunities, These include acquisitions, partnerships, divestitures, or other significant transactions that may accelerate this project development or generate immediate returns


 

There is nothing in this transcript that implies that there are offers on the table. If there is an official offer on the table it must immediately be disclosed to the shareholders. USCGP is very motivated and incentivized to orchestrate a buyout. Investment bankers generally don't agree to terms that only pay fees and commissions if they close the deal unless they  are very confident the deal will close.  Once they reach the target in their raise, an offer will likely follow and will be disclosed. 

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