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LAURION Announces Amendment to Option Arrangement for Midlothian Property
LAURION Announces Amendment to Option Arrangement for Midlothian Property Canad...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"\n \n \n \n LAURION Announces Amendment to Option Arrangement for Midlothian Property\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen1{\nBORDER-TOP:0pt; BORDER-RIGHT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt; BORDER-LEFT:0pt\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 23, 2021\n \n /CNW/ -\n \n LAURION Mineral Exploration Inc.\n \n (TSXV: LME) (OTCPINK: LMEFF)\n \n (\"LAURION\" or the \"Corporation\")\n \n today announced that it has entered into an agreement with Canadian Gold Miner Corp. (\"\n \n CGM\n \n \") and Canada Nickel Company Inc. (\"\n \n Canada Nickel\n \n \") whereby LAURION and CGM have agreed to grant Canada Nickel an option to acquire a 100% undivided interest in and to the Midlothian Property (as defined below).\n \n \n LAURION and CGM entered into a joint venture agreement on\n \n July 25, 2019\n \n (the \"\n \n Joint Venture\n \n \") for the purposes of extending the parties' prior arrangements regarding an early stage exploration project located 80 km west-southwest of\n \n Kirkland Lake, Ontario\n \n and 25 km west-southwest of\n \n Matachewan, Ontario\n \n (the \"\n \n Midlothian Property\n \n \"). The principal purpose of the arrangement was to advance the development of any commercially exploitable ore body on the Midlothian Property. Under the terms of the Joint Venture, CGM was appointed as the operator owning a 70% interest, while LAURION retained a 30% interest in the mining claims.\n \n \n On\n \n November 19, 2021\n \n , LAURION and CG...