Gold deposits image behind the LAURION Mineral Exploration Logo.
Source: Laurion Mineral Exploration.
  • Laurion Mineral Exploration (LME) has announced a non-brokered private placement for gross proceeds of approximately $550,000
  • The company will issue up to 523,810 flow-through units for $1.05 per FT unit
  • Laurion Mineral Exploration Inc is a Canada-based exploration company
  • Laurion Mineral Exploration Inc. (LME) opened trading at C$1.01

Laurion Mineral Exploration (LME) has announced a non-brokered private placement for gross proceeds of approximately $550,000.

The company will issue up to 523,810 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) opened trading at C$1.01.


More From The Market Online
Canada Nickel Company drill core

Canada Nickel awarded $500,000 to advance zero-carbon production

Ontario's Critical Minerals Innovation Fund awards Canada Nickel Company (TSXV:CNC) C$500,000 to develop its nickel production facility.
Gold mineralization at the Tuvatu mine in Fiji

Gold producer Lion One Metals posts a record-breaking Q4

Lion One Metals (TSXV:LIO) achieves record quarterly gold sales and production in Q4 from its Tuvatu mine in Fiji.
Gold bars in a vault

StockTalk | Gold Report: Government risk, green flags and a tax benefit

Barrick Gold suspended operations at its Loulo-Gounkoto mining complex in Mali after the Malian government seized the site’s gold stock.