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LAURION Announces Incentive Stock Option Grants
LAURION Announces Incentive Stock Option Grants Canada NewsWire /THIS...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"\n \n \n \n LAURION Announces Incentive Stock Option Grants\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN\n \n CANADA\n \n ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n TORONTO\n \n ,\n \n Aug. 19, 2021\n \n /CNW/ -\n \n LAURION Mineral Exploration Inc.\n \n (TSXV: LME) (OTCPINK: LMEFF)\n \n (\"LAURION\" or the \"Corporation\")\n \n announces that it has granted to each of\n \n John Covello\n \n and\n \n Nick Ierfino\n \n incentive stock options (\"\n \n Options\n \n \") to acquire 18,106 common shares of the Corporation, exercisable on or before\n \n August 19, 2026\n \n at an exercise price of\n \n $0.55\n \n per share, subject to vesting requirements. These Options are part of a discretionary performance bonus awarded to Mr. Covello and Mr. Ierfino (who are both directors of the Corporation) in recognition of their significant contributions to the Corporation's capital raising initiatives.\n \n \n The issuance of Options, as contemplated in this news release, is subject to the terms of the Corporation's stock option plan and TSX Venture Exchange (\"\n \n TSXV\n \n \") approval.\n \n \n \n LAURION\n \n Mineral Exploration Inc.\n \n \n \n \n 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. The Corporation currently has 233,556,667 outstanding shares, of which approximately 79% are owned and controlled by Insiders who are eligible investors under the \"Friends and Family\" categories.\n \n \n LAURION's emphasis is on the development of its flagship project, the 100% owned mid-stage 47 km\n \n 2\n \n Ishkoday Project, and its gold-rich polymetallic mineralization with a significant upside potential. The mineralization on Ishkoday is open at depth beyond the current core-drilling limit of\n \n -200m\n \n from surface, based on the historical mining to a\n \n -685 ...