{"id":3796,"date":"2021-03-12T18:42:31","date_gmt":"2021-03-12T23:42:31","guid":{"rendered":"https:\/\/www.millerthomson.com\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/"},"modified":"2024-09-12T15:24:23","modified_gmt":"2024-09-12T19:24:23","slug":"laurion-closes-upsized-non-brokered-private-placement-of-units","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/","title":{"rendered":"LAURION closes upsized non-brokered private placement of units"},"content":{"rendered":"<p>On March 12, 2021, LAURION Mineral Exploration Inc. (TSXV:LME; OTCPINK:LMEFF) (\u201cLAURION\u201d) announced the closing of its non-brokered private placement (the \u201cPrivate Placement\u201d), consisting of an aggregate of 7,068,161 units. Pursuant to the Private Placement, LAURION issued 6,386,344 flow-through units (the \u201cFT Units\u201d) at a subscription price of $0.23 per FT Unit and 681,817 non flow-through units (the \u201cNon-FT Units\u201d) at a subscription price of $0.22 per Non-FT Unit, for aggregate gross proceeds of $1.62 million. LAURION agreed to upsize the Private Placement as a result of strong investor interest and over-subscriptions.<\/p>\n<p>Each FT Unit consists of one common share issued as a \u201cflow-through share\u201d, and one common share purchase warrant exercisable at a price of $0.25 per share. Each Non-FT Unit consists of one non flow-through common share and one common share purchase warrant exercisable at a price of $0.24 per share.<\/p>\n<p>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.<\/p>\n<p>Jonathan Tong (Capital Markets &amp; Securities) of Miller Thomson advised LAURION on the transaction.<\/p>\n","protected":false},"author":1,"template":"","class_list":["post-3796","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LAURION closes upsized non-brokered private placement of units | Miller Thomson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LAURION closes upsized non-brokered private placement of units | Miller Thomson\" \/>\n<meta property=\"og:description\" content=\"Counsel to LAURION Mineral Exploration Inc.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/\" \/>\n<meta property=\"og:site_name\" content=\"Miller Thomson\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MillerThomsonLaw\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-12T19:24:23+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@millerthomson\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/\",\"url\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/\",\"name\":\"LAURION closes upsized non-brokered private placement of units | Miller Thomson\",\"isPartOf\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/#website\"},\"datePublished\":\"2021-03-12T23:42:31+00:00\",\"dateModified\":\"2024-09-12T19:24:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.millerthomson.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Deals and Cases\",\"item\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"LAURION closes upsized non-brokered private placement of units\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/#website\",\"url\":\"https:\/\/www.millerthomson.com\/en\/\",\"name\":\"Miller Thomson\",\"description\":\"National law firm providing business law expertise and litigation and disputes services for businesses across Canada since 1957.\",\"publisher\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.millerthomson.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/#organization\",\"name\":\"Miller Thomson\",\"url\":\"https:\/\/www.millerthomson.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg\",\"contentUrl\":\"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg\",\"width\":380,\"height\":50,\"caption\":\"Miller Thomson\"},\"image\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/MillerThomsonLaw\/\",\"https:\/\/x.com\/millerthomson\",\"https:\/\/www.linkedin.com\/company\/miller-thomson-llp\/\",\"https:\/\/www.youtube.com\/@millerthomson\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LAURION closes upsized non-brokered private placement of units | Miller Thomson","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/","og_locale":"en_US","og_type":"article","og_title":"LAURION closes upsized non-brokered private placement of units | Miller Thomson","og_description":"Counsel to LAURION Mineral Exploration Inc.","og_url":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/","og_site_name":"Miller Thomson","article_publisher":"https:\/\/www.facebook.com\/MillerThomsonLaw\/","article_modified_time":"2024-09-12T19:24:23+00:00","twitter_card":"summary_large_image","twitter_site":"@millerthomson","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/","url":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/","name":"LAURION closes upsized non-brokered private placement of units | Miller Thomson","isPartOf":{"@id":"https:\/\/www.millerthomson.com\/en\/#website"},"datePublished":"2021-03-12T23:42:31+00:00","dateModified":"2024-09-12T19:24:23+00:00","breadcrumb":{"@id":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-closes-upsized-non-brokered-private-placement-of-units\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.millerthomson.com\/en\/"},{"@type":"ListItem","position":2,"name":"Deals and Cases","item":"https:\/\/www.millerthomson.com\/en\/deals-cases\/"},{"@type":"ListItem","position":3,"name":"LAURION closes upsized non-brokered private placement of units"}]},{"@type":"WebSite","@id":"https:\/\/www.millerthomson.com\/en\/#website","url":"https:\/\/www.millerthomson.com\/en\/","name":"Miller Thomson","description":"National law firm providing business law expertise and litigation and disputes services for businesses across Canada since 1957.","publisher":{"@id":"https:\/\/www.millerthomson.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.millerthomson.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.millerthomson.com\/en\/#organization","name":"Miller Thomson","url":"https:\/\/www.millerthomson.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg","contentUrl":"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg","width":380,"height":50,"caption":"Miller Thomson"},"image":{"@id":"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MillerThomsonLaw\/","https:\/\/x.com\/millerthomson","https:\/\/www.linkedin.com\/company\/miller-thomson-llp\/","https:\/\/www.youtube.com\/@millerthomson"]}]}},"_links":{"self":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/deals-cases\/3796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/deals-cases"}],"about":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/types\/deals-cases"}],"author":[{"embeddable":true,"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/deals-cases\/3796\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/media?parent=3796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}