TORONTO, June 10, 2021 /CNW/ - LAURION Mineral
Exploration Inc. (TSXV: LME) (OTCPINK:
LMEFF) ("LAURION" or the "Corporation") announces
that it has engaged a consultant to provide marketing and
advertising and investor awareness services to the Corporation for
the purposes of raising awareness about the Corporation and the
development of its flagship Ishkoday Project. This news release is
made in accordance with the requirements of Policy 3.4 of the TSX
Venture Exchange (the "TSXV").
The Corporation retained the services of Dig Media Inc. dba
Investing News Network ("INN"), for an investor marketing
and advertising campaign. INN has been retained for a 12-month term
that expires on March 23, 2022, and
at a total cost of CAD$36,000, plus
tax. The agreement remains subject to the approval of the TSXV.
INN is a private company headquartered in Vancouver, Canada, dedicated to providing
independent news and education to investors since 2007. Other than
the fee disclosed above and an unrelated, prior existing minority
holding of 72,000 warrants of LAURION, INN does not have any
financial interest, directly or indirectly, in LAURION or its
securities, or any right or intent to acquire such an interest.
LAURION's online awareness campaign is intended to help
investors and prospective investors discover and learn more
information about LAURION and its Ishkoday Project. The awareness
campaign will only provide investors and prospective investors with
previously disclosed factual information concerning LAURION, which
shall be presented in a summarized and fair and balanced manner.
The awareness campaign is not intended to prepare the market for
any distribution of securities or create any unusual demand for any
of LAURION's securities. All investors and prospective investors
are encouraged to obtain professional investment advice from a
registered professional investment advisor and to fully review all
of LAURION's publicly available disclosure filings, which are
available on SEDAR (www.sedar.com).
About LAURION Mineral Exploration Inc.
The Corporation is a junior mineral exploration and development
company listed on the TSXV under the symbol LME and on the OTCPINK
under the symbol LMEFF. LAURION now has 228,052,731 outstanding
shares of which approximately 79% are owned and controlled by
Insiders who are eligible investors under the "Friends and Family"
categories.
LAURION's emphasis is on the development of its flagship
project, the 100% owned mid-stage 47 km2 Ishkoday
Project, and its gold-silver and gold-rich polymetallic
mineralization with a significant upside potential. The
mineralization on Ishkoday is open at depth beyond the current
core-drilling limit of -200 m from
surface, based on the historical mining to a -685 m depth, in the past producing Sturgeon
River Mine. The recently acquired Brenbar Property, which is
contiguous with the Ishkoday Property, hosts the historic Brenbar
Mine and LAURION believes the mineralization to be a direct
extension of mineralization from the Ishkoday Property.
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements, which
reflect the Corporation's current expectations regarding future
events, including with respect to LAURION's business, operations
and condition, and management's objectives, strategies, beliefs and
intentions. The forward-looking statements involve risks and
uncertainties. Actual events could differ materially from those
projected herein including as a result of the TSXV not providing
its approval for the aforementioned agreement with INN. Investors
should consult the Corporation's ongoing quarterly and annual
filings, as well as any other additional documentation comprising
the Corporation's public disclosure record, for additional
information on risks and uncertainties relating to these
forward-looking statements. The reader is cautioned not to rely on
these forward-looking statements. Subject to applicable law, the
Corporation disclaims any obligation to update these
forward-looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
SOURCE Laurion Mineral Exploration Inc.