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Laurion Completes Key Milestone of Stockpile Funding Project
Laurion Completes Key Milestone of Stockpile Funding Project Canada NewsWire TOR...
About this update from Laurion Mineral Exploration Inc.
[{"type":"text","content":"\n\n\n\nLaurion Completes Key Milestone of Stockpile Funding Project\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.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\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.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Oct. 30, 2018\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, Oct. 30, 2018 /CNW/ - Laurion Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) (\"Laurion\" or the \"Corporation\") is pleased to provide an additional update on its previously-announced stockpile funding project (the \"Stockpile Funding Project\"), pursuant to which a private investment group (the \"Investor\") is financing and otherwise supporting the development and potential extraction of gold and other metals from historic surface stockpiles (the \"Surface Stockpiles\") located on Laurion's wholly-owned Ishkoday property (the \"Ishkoday Project\") situated 220 kilometres northeast of Thunder Bay, Ontario. \nOn October 2, 2018, the Corporation issued a news release providing an update on the status of the Stockpile Funding Project and confirming that negotiations were progressing positively amongst the principal parties. The Corporation is now pleased to announce that since the issuance of the previous news release, a new wholly-owned subsidiary of Laurion by the name of \"Ahsineeg Inc.\" (\"Ahsineeg\") has been incorporated and organized in connection with the Stockpile Funding Project. Referred to as \"Newco\" in previous announcements of Laurion, Ahsineeg today acquired the Surface Stockpiles from Laurion in exchange for additional common shares in the capit...