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LAURION Announces Recent Exercise of Stock Options by Covello and Biloski in Support of the Corporation
(TheNewswire) TORONTO, ONTARIO – June 6 , 2025 – TheNewswire ...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"LAURION Announces Recent Exercise of Stock Options by Covello and Biloski in Support of the Corporation \n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n TORONTO, ONTARIO –\n \n\n June 6\n \n\n , 2025 –\n \n\n TheNewswire –\n \n\n LAURION Mineral Exploration\nInc. (TSX.V: LME and OTCPINK: LMEFF) (“LAURION” or the\n“Corporation”)\n \n\n is pleased to announce that\n \n\n one of its directors, John Covello, has\n \n\n exercised a total of 367,379\n \n\n stock options\n \n\n of the Corporation\n(“\n \n\n Options\n \n\n ”), further solidifying his belief and commitment to\nLAURION’s vision and potential long-term growth. The Options were\nexercised in full prior to their expiry date and will be reported on\nthe System for Electronic Disclosure by Insiders (SEDI). In a similar\nvein, the Corporation’s Technical Advisor, Scott Biloski, has\nexercised a total of 150,000 Options.\n \n\n\n\n Mr. Covello and Mr. Biloski both exercised\n \n\n Options\n \n\n at a price of\n \n\n $0.17 per share\n \n\n , representing personal\ninvestments into LAURION totalling\n \n\n approximately\n$88,000\n \n\n .\n \n\n\n\n\n Cynthia Le Sueur-Aquin, President and CEO of LAURION,\ncommented:\n \n\n\n “\n \n\n The support demonstrated by John Covello\nand Scott Biloski through their recent exercise of stock options\nunderscores their confidence in LAURION’s strategic vision and\nlong-term growth potential. As part of our forward-looking strategy,\nLAURION is actively exploring opportunities that may be strategically\nbeneficial to the Corporation and its stakeholders, including\ndivestitures or other possible significant transactions. These\nopportunities have the potential to materially accelerate the\ndevelopment timeline of the Ishkōday Project and deliver near-term\nvalue to LAURION’s stakeholders, all while reinforcing the\nCorporation’s ongoing commitment to a robust exploration\nstrategy.”\n \n\n\n\n About LAURION Mineral Exploration\nInc.\n \n\n\n\n The Corporation is a mid-stage junior mineral\nexploration and development company listed on the TSXV under the\nsymbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has\n274,012,283 outstanding shares, of which approximately 73.6% are owned\nand controlled by insiders...