Post by
DouglasGVass on Nov 11, 2024 10:36pm
Laurion and USCGP are strategically aligned
LAURION’s objective, in accordance with advice from USCGP, is to explore all potential transactional opportunities that may benefit stakeholders, including the possibility of an outright acquisition. This approach requires a suitable buyer profile and favorable market conditions to achieve maximum value. The Board and the Special Committee are resolute in their commitment to securing a transaction that aligns with LAURION’s long-term objectives and will not yield to any pressure to accept a transaction that falls short of these goals, thereby ensuring shareholder value is maximized thoughtfully and strategically. The Special Committee and the Board, in collaboration with USCGP, plays a critical role in evaluating and advancing potential transactions, ensuring that each opportunity is thoroughly assessed to meet LAURION’s standards.
The Board and Special Committee recognize that setting a precise timeline for the acquisition process is challenging. Given the current industry landscape, the timing of any potential transaction will depend on market conditions, buyer availability, and global factors beyond LAURION’s immediate control. LAURION remains focused on maximizing shareholder value, allowing the process to progress within the right conditions.
The Board and Special Committee have confidence in LAURION’s current strategy and leadership. With extensive experience in the mining sector, the LAURION team is well-prepared to navigate the complexities of this potential acquisition process. LAURION and USCGP are strategically aligned with upward gold market trends, which reinforce the potential of the Ishkday Project as a valuable acquisition opportunity. LAURION is fully committed to staying the course to achieve the best possible outcome for all stakeholders.
Additionally, the Board and Special Committee are committed to maintaining transparency with shareholders throughout this process, providing updates as regulations and policies permit, and adhering to strict compliance standards to build long-term trust and confidence.
In the interim, LAURION remains focused on expanding resources at the Ishkday Project through targeted drilling, geological modeling, and exploration efforts. LAURION is investing in technical studies, environmental assessments, and stakeholder engagement to strengthen the project in preparation for a value-maximizing outcome, whether through development or a sale. Partnerships with industry experts ensure that the Ishkday Project receives the best technical and operational support, aligning with LAURION’s growth strategy in a strong gold market, positioning LAURION’s assets for increased investor and buyer interest.
LAURION’s well-capitalized position and strong treasury are essential to the corporate strategy, demonstrating the financial resilience needed to sustain operations, support ongoing exploration, and present the company as a stable and attractive acquisition prospect. All of the above underscores the Board’s and Special Committee’s confidence in LAURION’s chosen direction.
Comment by
Primpage on Nov 11, 2024 10:50pm
Doug, did you seek Justin Trudeau's advice when writing this? Sounds very political and dodgy like Trudeau. The market conditions can't be any better than they are now. Come on Cynthia, announce an agm and let's vote.
Comment by
ProbGetBanned on Nov 11, 2024 11:30pm
Sounds to me like once again there "was" a deal that fell through due to "circumstances" that aren't controlled by LAURION. Maybe the president elect. Here's to many more years of waiting.
Comment by
Anthony13 on Nov 12, 2024 7:14am
Doug thank you for the explanation. But why was USGC not named on the PR report a few months ago ?
Comment by
Bracko on Nov 12, 2024 7:33am
Doug this doesn't sound like something you would write it seems to me this was done by LME lawyers and you just cut and pasted it on Cynthia behalf. I don't know when it's ever a good time in our global business as far as you can go back there has always been conflicts in the world that doesn't seem to matter to make deals done just tell us when is the next AGM meeting
Comment by
GoldenBull999 on Nov 12, 2024 9:08am
setting up excuses for why a deal won't happen soon....noice!
Comment by
Malakas1 on Nov 12, 2024 9:29am
Here's the TLDR version if anyone wants to save some time...
Comment by
RBKgold on Nov 12, 2024 1:42pm
This could also be a heads up to a deal is forthcoming and Laurion has done their job on behalf of shareholders. To temper our expectation of higher valuations when the announcement is lower than expected by most. If a deal has been delayed or worse why even put this out? And there's no way Doug was the author.
Comment by
Bracko on Nov 13, 2024 4:07pm
Hi Doug Just wondering why you spelled USCG wrong and add a P to the end USCGP ?? on you publication a couple of days ago plus Ishkoday is spelled wrong as well ? Is this a typo error? As you repeated it a couple of times. USCGP?
Comment by
DouglasGVass on Nov 13, 2024 7:15pm
No it is not a typo. US Capital Global Partners LLC (USCGP)