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Bullboard - Stock Discussion Forum 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... see more

TSXV:LME - Post Discussion

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Post by StevenHunter on Oct 12, 2023 9:59am

Twin Falls

Asked your question about who the seller was and that's their information to treat the way they want to.   They've chosen not to have that disclosed so that's as far as I got.  


-Steve

Comment by Lambosntendies on Oct 12, 2023 10:25am
I appreciate you trying Steve, thanks!  According to the press release regarding the twin falls aquisition it says "The Acquisition was completed as an “Expedited Acquisition” under TSXV Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets, and remains subject to the TSXV’s final acceptance" Typically how long does it take to reciever the TSXs final acceptance? I have ...more  
Comment by matlas on Oct 12, 2023 10:41am
Lambo-you should note that Cynthia posted pics of the Twin Falls property yesterday on Linkdin showing them doing prospecting on it. So, obviously, everyone seems to be treating this is a "done deal".
Comment by Not2smart on Oct 12, 2023 10:58am
To add to lambo question. If someone could answer      “ Expedited Acquisition” is this normal practice ? When making an acquisition Or only used when they other things are in the works  and want it completed ASAP.   I believe things in the works and expedited to move things along faster. 
Comment by StevenHunter on Oct 12, 2023 11:17am
All good questions. a better word than expedited would be "simple".   When there are no hairs on a transaction the exchange has a shorter route to approval and that's called an expedited transaction.   It's not a good word IMO because it has a connotation of being hurried.   It's not that this got done fast, it's more that this was easily managed on ...more  
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