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Laurion announces Annual and Special Meeting of Shareholders
Laurion announces Annual and Special Meeting of Shareholders Canada NewsWire TOR...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"\n\n\n\nLaurion announces Annual and Special Meeting of Shareholders\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\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, May 31, 2019\n\n\n\n/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./\n TORONTO, May 31, 2019 /CNW/ - LAURION Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) (\"Laurion\" or the \"Corporation\"), is pleased to announce that its upcoming Annual and Special Meeting (the \"Meeting\") of shareholders (the \"Shareholders\") will be held at the Valhalla Inn, 1 Valhalla Inn Road, Thunder Bay, Ontario, P7E 6J1, on Thursday, July 11, 2019 at 2:00 p.m. (Eastern time).\nAt the Meeting, Shareholders of record on May 31, 2019 will be asked to, among other things: (i) fix the number of directors of the Corporation to be elected at the Meeting; (ii) elect the directors of the Corporation; (iii) re-appoint RSM LLP, Chartered Accountants, as the auditors of the Corporation for the ensuing year and authorize the directors of the Corporation to fix their remuneration and the terms of their engagement; (iv) consider a resolution ratifying and approving the renewal of the Corporation's rolling stock option plan; and (v) consider an ordinary resolution of disinterested Shareholders approving the issuance of common shares in the capital of the Corporation (\"Common Shares\") to a member of management in exchange for the settlement of certain existing debts of the Corporation (the \"Shares for Debt Transaction\").\nSubject to the approval of disinterested Shareholders and the TSX Venture Exchange (the \"TSX-V\"), pursuant to the Shares for Debt Transaction, the Corporation intends to settle a total of approximately CAD$146,700 in payables owing to a non-arm's length party for consulting fees relating to management services by issuing 1,467,008 Common Shares at a deemed price of CAD$0.10 per share. \nSatisfying the foregoing payables with Common Shares allows the Corporation to preserve its cash for use on its p...