Laurion Mineral Exploration Inc V.LME

New Press Release - Laurion Announces Next Steps with a Leading Financial Advisor to Explore Strategic Opportunities

(TheNewswire)TORONTO, ONTARIO (August 20, 2024) – TheNewswire – LAURION Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) (“LAURION” or the “Corporation”)is pleased to announce that, further to its press release dated August 24, 2023, the Corporation has entered into an engagement letter...read article.

[ProbGetBanned]

Hmm

[BidingTime]

More USCG... More of the same 

[ProbGetBanned]

Exactly more fluff. Going to be some cheap shares available today imo. Only good point is she didn't request the 250k back

[Anthony13]

Engagement letter ? Just fancey words .... what's the difference between what agreement they already had in place ? 

[GoldenBull999]

Exactly what I had feared. They are beginning their pre-agm fluff campaign with fancy words and 0 to show for it again. They'll try to prop the price up ahead of a brutal agm to try and save their skin. This is one of the most silly pr's this company has put out. Recycled 1 year old news.  No one is at the table. 

[TraderRC]

Good morning All, At least we got a PR and something to post about. I had a look at the PR from Aug 2023 and one thing that stands out: "Pursuant to an agreement with a director of the Corporation..." Today's PR states: "The Corporation has entered into an engagement letter with a financial advisory firm..." Also today's PR states that the Corporation has entered into

[DouglasGVass]

Goodmorning LME investors, I can understand why some of you are frustrated with this PR but allow my to explain a couple of things. First, this engagement letter is new and significant because it establishes the terms, fees and commissions for a potential deal. In my experience with investment bankers this process doesn't occur unless they have a "fish on the line."  What do you

[TraderRC]

Thanks Diug, you answered on my thoughts on the engagement letter while I was typing my post.  I knew the engagement letter was big. I am even more bullish on this PR. Thanks, TraderRC

[JoJoHairBlo]

I am also happy to see an official statement confirming that the insiders/friends & family ownership is still hovering at about 72%. With a few of these high-volume days n the past couple of months, it's always been in the back of my mind, wondering if some of "those-in-the-know" are dumping.  Glad to see that hasn't happened.

[GoldenBull999]

does this "engagement" status mark the true BEGINNING of any negotiations and now we start down the path of a typical m&a life cycle (12+ months)  will be curious to see how this gets spun leading into the AGM and see how the "unable to disclose things" in this PR shape up and we get our answers as to why this is such a vague PR