{"id":42951,"date":"2025-12-22T18:53:30","date_gmt":"2025-12-22T23:53:30","guid":{"rendered":"https:\/\/www.millerthomson.com\/?post_type=deals-cases&#038;p=42951"},"modified":"2026-01-29T11:38:46","modified_gmt":"2026-01-29T16:38:46","slug":"laurion-mineral-exploration-inc-closes-private-placement-of-flow-through-units-for-1-52-million","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/laurion-mineral-exploration-inc-closes-private-placement-of-flow-through-units-for-1-52-million\/","title":{"rendered":"Laurion Mineral Exploration Inc. closes private placement of flow-through units for $1.52 million"},"content":{"rendered":"\n<p>On December 22, 2025, Laurion Mineral Exploration Inc. (TSXV: LME)(\u201c<strong>Laurion<\/strong>\u201d) completed a non-brokered private placement, pursuant to which Laurion issued an aggregate of 4,619,130 flow-through units (the \u201c<strong>FT Units<\/strong>\u201d) at a subscription price of $0.33 per unit for aggregate gross proceeds of $1.52 million.<\/p>\n\n\n\n<p>Each FT Unit consists of one common share of Laurion (each, a \u201cFT Share\u201d) and one-half of one common share purchase warrant (each, a \u201cWarrant\u201d). Each Warrant entitles the holder thereof to acquire one non flow-through common share of Laurion at a price of $0.39 per share for a period of 24 months from the date of issuance. The FT Shares and the Warrants comprising the FT Units qualify as \u201cflow-through shares\u201d, as defined in subsection 66(15) of the <em>Income Tax Act<\/em> (Canada) (the \u201c<strong>Tax Act<\/strong>\u201d).<\/p>\n\n\n\n<p>The gross proceeds of the financing will be used for \u201cCanadian exploration expenses\u201d (within the meaning of the Tax Act), which will qualify, once renounced, as \u201cflow-through mining expenditures\u201d, as defined in the Tax Act, which will be renounced with an effective date of no later than December 31, 2025.<\/p>\n\n\n\n<p>Laurion is a junior mineral exploration and development company listed on the TSX Venture Exchange. Its chief emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km<sup>2<\/sup> Ishk\u00f5day Project, and its gold-rich polymetallic mineralization.<\/p>\n\n\n\n<p>Miller Thomson advised Laurion with a team led by Jonathan Tong (Capital Markets &amp; Securities, Mining) and comprised of Kathryn Walker (Tax), Anca Nitu (Paraprofessional) and Kobi Rosoph (Articling Student).<\/p>\n","protected":false},"author":5,"template":"","class_list":["post-42951","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 Mineral Exploration Inc. closes private placement of flow-through units for $1.52 million | 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-mineral-exploration-inc-closes-private-placement-of-flow-through-units-for-1-52-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Laurion Mineral Exploration Inc. closes private placement of flow-through units for $1.52 million | Miller Thomson\" \/>\n<meta property=\"og:description\" content=\"On December 22, 2025, Laurion Mineral Exploration Inc. (TSXV: LME)(\u201cLaurion\u201d) completed a non-brokered private placement, pursuant to which Laurion issued an aggregate of 4,619,130 flow-through units (the \u201cFT Units\u201d) at a subscription price of $0.33 per unit for aggregate gross proceeds of $1.52 million. 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