Aug. 01, 2018 -- Laurion Mineral Exploration Inc. and is pleased to issue a further update and summary of exploration developments and progress made during Q2-2018, and outline upcoming plans and projected milestones for the remainder of the year for the Corporation’s 47 km2 Ishkoday Project . Ms. Cynthia Le Sueur-Aquin, President and CEO of Laurion, stated, “The new exploration work to ascertain the bulk gold [...]
Laurion Mineral Exploration today announced that it is proposing to complete a flow-through and non flow-through private placement on a non-brokered basis. Under the flow-through portion of the private placement, the Corporation intends to raise up to approximately $1,200,000 in gross proceeds by issuing up to approximately 13,333,334 flow-through units. Under the non flow-through portion of the private placement, the [...]
July 18, 2018 -- Laurion Mineral Exploration Inc. today announced that it has closed its previously-announced non-brokered private placement consisting of 8,947,857 units at a subscription price of $0.07 per Unit for aggregate gross proceeds to the Corporation of $626,350, which exceeds the initial maximum size of the Private Placement that was previously announced. Each Unit is comprised of one common share and one [...]
July 13, 2018 -- Laurion Mineral Exploration Inc. is pleased to announce that it intends to settle an aggregate amount of CAD$45,185 in payables owing to certain arm’s length parties by issuing an aggregate of 564,812 common shares in its capital at a deemed price of CAD$0.08 per share. Satisfying the foregoing payables with Common Shares allows the Corporation to preserve its cash for use on its projects and for [...]
July 10, 2018 -- Laurion Mineral Exploration Inc. and is pleased to issue the second update from the 2018 summer field exploration program at the Corporation’s 47 km2 Ishkoday Project . Laurion’s personnel and Explo-Logik’s technical crews have completed their initial field validation of historical and recent data. The Team completed geological mapping and the prospecting of historic mineralized [...]
July 06, 2018 -- Laurion Mineral Exploration Inc. and is pleased to announce the completion of the initial field validation of historical and recent data at the Corporation’s 47 km2 Ishkoday project . The Laurion Team completed geological mapping and the prospecting of historic mineralized “veins” and their extensions, as well as new areas in the less explored northern claims. The northern claims [...]
June 22, 2018 -- Laurion Mineral Exploration Inc. and announces that its previously announced non-brokered private placement of units remains ongoing and the closing of the Private Placement has been extended. On April 25, 2018, the Trust announced, among other things, an immediate interim financing for gross proceeds of $500,000 to Laurion at a price of $0.07 per Unit, with each Unit being comprised of one common share [...]
Laurion Mineral Exploration and is pleased to issue its first update from the 2018 summer field exploration program at the Corporation’s 47 km2 Ishkoday Project. Laurion’s personnel and Explo-Logik’s technical crews have been diligently working on two fronts: compilation-synthesis of the entire Ishkoday database using GIS software, and field validation of historical and recent data. Current Highlights [...]
May 29, 2018 -- Laurion Mineral Exploration Inc. and is pleased to announce the start of the summer field program at the Corporation’s 47 km2 Ishkoday Project . Laurion’s personnel and Explo-Logik’s technical crews have already mobilized to site. The Corporation’s overall objective is to validate the existence of a large near surface /gold-polymetallic target over the identified 3 km by 1 km main [...]
May 14, 2018 -- Laurion Mineral Exploration Inc. is pleased to announce the voting results of the Annual and Special Meeting of Shareholders of the Corporation that was held on May 11, 2018 . The Corporation hereby advises that all of the resolutions that were voted on at the Meeting were passed, being resolutions in regards to the following: Fixing the number of directors of the Corporation at five. The election of the [...]
Laurion Mineral Exploration is pleased to provide a recap on recent corporate events and planning. The Corporation announced in a press release disseminated on April 24, 2018 — the execution of a Letter of Intent outlining the terms and conditions for the extraction of gold and silver from surface stockpiles at the Ishkoday Property with a private investment group . The Investor will help fund the processing of the [...]
Laurion Mineral Exploration today announced that it has entered into a non-binding letter of intent outlining the principal terms and conditions pursuant to which a private investment group will finance and otherwise support the development and potential extraction of gold and other metals from historic surface stockpiles located on the Corporation’s wholly-owned Ishkoday property situated 220 kilometres northeast [...]