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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. > Christmas
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Comment by TraderRCon Dec 16, 2024 1:04pm
290 Views
Post# 36364476

RE:RE:RE:RE:Christmas

RE:RE:RE:RE:Christmas Good day All

Let me start off by saying , I am by no means an expert on Corporate Takeovers.  If they go the Plan of Arrangement route, they will have to get court approval first, and this will take a few weeks, with the holidays around the corner, not sure how long it will take. 
My guess, if announced this week, should be enough time to get court approval, then can be added to the AGM for vote.  If Buyout gets announced after the holidays then I think will be a separate vote.

This is the way I understand it, if there is someone out there that is more well versed it Takeovers, please confirm or correct if I am wrong.

Either way, I don't think we will be owning LME shares much longer.

Trader RC
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