July 15, 2019
On May 10, 2019, Laurion Mineral Exploration Inc. (“Laurion”) (TSXV: LME and OTCPINK: LMEFF) announced the closing of a first tranche of a non-brokered private placement for gross proceeds of $1 million. Laurion issued an aggregate of 10,000,000 units at a subscription price of $0.10 per unit.
Laurion is a junior mineral exploration and development company whose emphasis is on the development of its flagship project, the 100% owned mid-stage Ishkoday Gold Project, and its gold-silver and gold-rich polymetallic mineralization.
Miller Thomson advised Laurion with respect to this financing with a team led by Jonathan Tong (Capital Markets & Securities) and including Abid Ahmed (Corporate/M&A).