Laurion Announces Proposed Private Placement Of Flow-Through Units

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[{"type":"text","content":"Laurion Announces Proposed Private Placement Of Flow-Through Units\n(TheNewswire)\n\n \n\n\nTHIS NEWS RELEASE IS INTENDED FOR\nDISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO\nUNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED\nSTATES.\n\n\nTORONTO, ONTARIO (December 17, 2025)\n– TheNewswire - LAURION Mineral Exploration Inc. (TSX.V:\nLME|OTC: LMEFF|FSE: 5YD) (“LAURION” or the\n“Corporation”) today announced that it is\nproposing to complete a flow-through private placement on a\nnon-brokered basis (the “Private Placement”). The Corporation intends\nto raise up to approximately $1.6 million in gross proceeds by issuing\nup to approximately 4,848,485 \"flow through\" units\n(\"FT Units\") at a\nprice of $0.33 per FT Unit.\n\n\nEach FT Unit will consist of one\ncommon share of the Corporation to be issued as a “flow-through\nshare” (as defined in subsection 66(15) of the Income Tax Act (Canada) (the “Tax\nAct”)) and one-half of one common share\npurchase warrant (each whole warrant, a “Warrant”). Each\nWarrant will entitle the holder thereof to acquire one non\nflow-through common share of the Corporation at\na price of $0.39 per share for a period of 24 months from the date of\nissuance.\n\n\nThe gross proceeds\nraised from the FT Units will be used to incur eligible “Canadian\nexploration expenses” (“CEE”) at the Corporation’s flagship\nIshkõday Project that\nqualify as “flow-through mining expenditures”, as such terms are\ndefined in the Tax Act. LAURION intends to\nallocate the proceeds from the Private Placement to advance the\nCorporation’s 2026 drill program on the Ishkõday property, focusing\non the gold and base metal A-Zone to the McLeod and CRK corridor\n(approximately 1.9 km strike) and the proximal orogenic Sturgeon River\nMine area, located within the 6.0 x 2.5 km mineralized corridor. The\nprogram will include systematic in-fill and step-out drilling to\ndefine continuity of known mineralized envelopes and test depth and\nstrike extensions where mineralization converges. LAURION’s\nexploration strategy aims to build resource potential within the\nA-Zone and Sturgeon River Mine corridors.\n\n\nThe closing of the Private...

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