On November 6, 2023, Laurion Mineral Exploration (“Laurion” or the “Corporation”) announced that it has closed its previously-announced non-brokered private placement (the “Private Placement”) consisting of an aggregate of 5,142,900 flow-through shares (the “FT Shares”) at a subscription price of $0.56 per FT Share for aggregate gross proceeds to the Corporation of $2,880,024.
As announced previously, the Corporation agreed to upsize the Private Placement as a result of strong investor interest and over-subscriptions.
Laurion is a junior mineral exploration and development company listed on the TSX Venture Exchange under the symbol LME and on the OTC under the symbol LMEFF. LAURION’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km2 Ishkoday Project, and its gold-rich polymetallic mineralization.
Miller Thomson advised Laurion with a team comprised of Jonathan Tong, Mark Sandor, Raquel Moses, Sandra Wright (Corporate/M&A) and Lesley Kim (Corporate Tax).
