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Laurion Mineral Exploration (TSXV:LME) upsizes private placement

Mining, The Market Online Deal Room
TSXV:LME
22 September 2022 09:45 (EST)
Gold deposits image behind the LAURION Mineral Exploration Logo.

Source: Laurion Mineral Exploration.

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.


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