LAURION closes non-brokered private placement of flow-through units

December 31, 2020

On December 31, 2020, LAURION Mineral Exploration Inc. (TSXV:LME; OTCPINK:LMEFF) (“LAURION”) announced the closing of its non-brokered private placement, consisting of an aggregate of 2,172,000 flow-through units (the “Units”) at a subscription price of $0.25 per Unit, for aggregate gross proceeds of $543,000.  Each Unit consists of one common share of the Corporation issued as a ‘flow-through share’, and one common share purchase warrant.

LAURION is a junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF.

Jonathan Tong (Capital Markets & Securities) of Miller Thomson advised LAURION on the transaction.