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LME.V ·

Laurion Announces Annual and Special Meeting

Shareholder Meetings

LAURION ANNOUNCES ANNUAL AND SPECIAL MEETING

TO BE HELD ON SEPTEMBER 28, 2022 AND PROVIDES CORPORATE

UPDATE

TORONTO, ONTARIO (July 28, 2022) – LAURION Mineral Exploration Inc. (TSX.V: LME and

OTCPINK: LMEFF) (“LAURION” or the “Corporation”) , a mid-stage junior exploration and

development company focused primarily on its wholly -owned Ishkoday Project, wishes

to announce that its Annual and Special Meeting of shareholders (the "Meeting") will be

held on Wednesday, September 28, 2022 at 12:00 p.m. (Eastern time), in a virtual only

format. LAURION will host a corporate update immediately after the Meeting,

commencing at approximately 12:30 pm, to discuss the Corporation’s business strategy

and objectives.

The timing of the Meeting was determined in consideration of the timing and execution

of LAURION’s current summer exploration program.

General Corporate Update

The Corporation recently completed a drill program and are awaiting assay results for 21

drill holes , which were designed to test the potential of the undrilled continuity of

mineralization, between the southwestern portion of the A -Zone and towards the

McLeod Zone. Both the A-Zone and McLeod Zones are located along the 6 km long Au-

Zn-Cu-Ag mineralized trend . L AURION is also completing hand stripping and channel

sampling, as well as detailed alteration and structural mapping program, west of the A-

Zone and McLeod Zones. This is expected to significantly enhance the 3D model and

future drill targeting, to assist with confirmation of the continuity of the mineralized strike

length.

Meeting Materials

To further its commitment to environmental sustainability and to reduce its printing and

mailing costs, LAURION uses the Notice and Access process for the delivery of meeting

materials. Under Notice and Access, instead of receiving printed copies of the meeting

materials, shareholders receive a Notice and Access Notification containing details of

the Meeting date and purpose, how to access the live webcast, and information on how

to access the meeting materials electronically. Registered shareholders and duly

appointed proxyholders can attend the Meeting online using the TSX Trust Virtual Meeting

Platform. The timing and process for vot ing at the Meeting, as well as login instructions,

will be described in detail in the Corporation’s notice of meeting and management

information circular, which will both be made accessible to shareholders at a later date

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through Notice and Access and SEDAR at www.sedar.com. The record date for the

Meeting is August 19, 2022.

Qualified Person

The technical contents of this release were reviewed and approved by Jean-Philippe

Paiement, PGeo, MSc, a consultant to LAURION, and a qualified person as defined by

National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About LAURION Mineral Exploration Inc.

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. LAURION now

has 254,052,613 outstanding shares of which approximately 82% are owned and

controlled by Insiders who are eligible investors under the “Friends and Family”

categories.

LAURION's emphasis is on the development of its f lagship project, the 100% owned mid-

stage 47 km2 Ishkoday Project, and its gold-silver and gold-rich polymetallic mineralization

with a significant upside potential. Th e mineralization on Ishkoday is open at depth

beyond the current core -drilling limit of -200 m from surface, based on the historical

mining to a -685 m depth, in the past producing Sturgeon River Mine. The Brenbar

Property, which was acquired in 2020 and is contiguous with the Ishkoday Property, hosts

the historic Brenbar Mine. LAURION believes the mineralization to be a direct extension of

mineralization from the Ishkoday Property.

FOR FURTHER INFORMATION, CONTACT:

LAURION Mineral Exploration Inc.

Cynthia Le Sueur-Aquin – President and CEO

Tel: 1-705-788-9186

Fax: 1-705-805-9256

Website: http://www.LAURION .ca

Follow us on Twitter: @LAURION_LME

Caution Regarding Forward-Looking Information

This press release contains forward -looking statements, which reflect the Corporation’s current

expectations regarding future events, including with respect to LAURION's business, operations

and condition, ma nagement's objectives, strategies, beliefs and intentions. The forward -looking

statements involve risks and uncertainties. Actual events and future results, performance or

achievements expressed or implied by such forward -looking statements could differ ma terially

from those projected herein including as a result of a change in the trading price of the common

shares of LAURION, the interpretation and actual results of current exploration activities, changes

in project parameters as plans continue to be refi ned, future prices of gold and/or other metals,

possible variations in grade or recovery rates, failure of equipment or processes to operate as

anticipated, the failure of contracted parties to perform, labor disputes and other risks of the

mining industry, delays in obtaining governmental approvals or financing or in the completion of

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exploration, as well as those factors disclosed in the Corporation’s publicly filed documents.

Investors should consult the Corporation’s ongoing quarterly and annual filings , as well as any

other additional documentation comprising the Corporation’s public disclosure record, for

additional information on risks and uncertainties relating to these forward-looking statements. The

reader is cautioned not to rely on these forward -looking statements. Subject to applicable law,

the Corporation disclaims any obligation to update these forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS

DEFINED IN THE POLICIES OF THE TSX V ENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE

ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.