Gold mineralization behind Laurion Mineral Exploration logo
(Source: Laurion Mineral Exploration)
  • Laurion Mineral Exploration (LME) has increased the maximum size of its non-brokered private placement from $550,000 to approximately $2.05 million
  • The company will now issue up to 1,952,381 flow-through units for $1.05 per FT unit
  • Laurion Mineral Exploration Inc is a Canada-based exploration company
  • Laurion Mineral Exploration Inc. (LME) is up 1.04 per cent today, trading at C$0.97 per share at 9:30 am ET

Laurion Mineral Exploration (LME) has upsized its previously-announced non-brokered private placement from $550,000 to approximately $2.05 million.

The company will now issue up to 1,952,381 flow-through units for $1.05 per FT unit.

Each FT unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one non-flow-through common share at $1.15 per share for a period of 12 months. 

Laurion Mineral Exploration Inc is a Canada-based exploration company engaged in the acquisition, exploration and development of mineral resource properties. The company has interests in the Ishkoday gold project and the Midlothian and Doon properties.

Laurion Mineral Exploration Inc. (LME) is up 1.04 per cent today, trading at C$0.97 per share at 9:30 am ET.


More From The Market Online

Capstone Copper resumes operations in Chile as union strike persists

Capstone Copper (TSX:CS) has resumed operations at its Mantoverde mine, despite an ongoing strike by Union #2.

2 rallying copper and gold stocks with bullish outlooks

A deep-dive into two junior copper and gold stocks whose multi-bagger returns appear to be intricately tied to diligent development.
The Market Online Video

A project generator designed to limit dilution, share risk, and create opportunities

Avrupa Minerals discusses its project generator model, copper-zinc exploration in Finland and Portugal, joint ventures, and plans to limit dilution while advancing multiple assets.