Laurion Announces Closing of Private Placement of Flow-Through Units
LAURION ANNOUNCES CLOSING OF
PRIVATE PLACEMENT OF FLOW-THROUGH UNITS
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.
TORONTO, ONTARIO (December 22, 2025 ) – LAURION Mineral Exploration Inc. (TSX.V:
LME|OTC: LMEFF|FSE: 5YD) (“LAURION” or the “Corporation”) is pleased to announce that
it has closed its previously -announced non -brokered private placement (the “ Private
Placement”) consisting of flow-through units (the “ FT Units ”). Pursuant to the Private
Placement, the Corporation issued 4,619,130 FT Units at a subscription price of $0.33 per
FT Unit, for aggregate gross proceeds to the Corporation of $1,524,313.
Each FT Unit consists of one common share of the Corporation (each, a “FT Share”) and
one-half of one common share purchase warrant (each, a “ Warrant”). Each Warrant
entitles the holder thereof to acquire one non flow-through common share of the
Corporation at a price of $ 0.39 per share for a period of 24 months from the date of
issuance. The FT Shares and the Warrants comprising the FT Units qualify as “flow-through
shares”, as defined in subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”).
The gross proceeds of the Private Placement will be used for “Canadian exploration
expenses” (within the meaning of the Tax Act), which will qualify, once renounced, as
“flow-through mining expenditures”, as defined in the Tax Act, which will be renounced
with an effective date of no later than December 31, 2025 (provided the subscriber deals
at arm’s length with the Corporation at all relevant times) to the initial purchasers of FT
Units in an aggregate amount not less than the gross proceeds raised from the issue of
the FT Units. LAURION intends to allocate the proceeds from the Private Placement to
advance the Corporation’s 2026 drill program on the Ishkõday property. Planned drilling
will focus on key areas within the A -Zone/McLeod and CRK Trend, as well as the historic
Sturgeon River Mine area. These zones have been prioritized based on their structural
characteristics, surface observations and past drill results, as LAURION continues to build
on its growing understanding of the broader mineralized system.
“This financing enables us to keep advancing our disciplined, technically driven
approach to unlocking the potential of the Ishkõday system,” said Cynthia Le Sueur -
Aquin, President and CEO. “We are targeting areas with strong structural and geological
signals, guided by strong technical fundamentals and a clear strategy for long -term
value creation.”
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In connection with the Private Placement , certain arm’s -length finders received an
aggregate of $66,559 as a cash finder’s commission and an aggregate of 201,693 finder’s
warrants. Each finder’s warrant entitle s the holder thereof to acquire one non flow-
through common share of the Corporation at a price of $0.33 per share for a period of
24 months from the date of issuance.
Pursuant to applicable Canadian securities laws, all securities issued pursuant to the
Private Placement are subject to a hold period of four months and one day, expiring on
April 23, 2026. The Private Placement remains subject to the final approval of the TSX
Venture Exchange (the “TSXV”).
About LAURION Mineral Exploration Inc.
The Corporation is a mid -stage 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 278,716,413 outstanding shares, of which approximately 73.6% are
owned and controlled by insiders who are eligible investors under the “Friends and
Family” categories.
LAURION's emphasis is on the exploration and development of its flagship project, the
100% owned mid- stage 57 km 2 Ishkõday Project, and its gold -rich polymetallic
mineralization.
LAURION’s chief priority remains maximizing shareholder value. A large portion of the
Corporation’s focus in this regard falls within the scope of its mineral exploration activities
and more specifically, advancing the Ishkõday Project. A consequence of LA URION’s
success and advancement over the past several years is that the Corporation has
become positioned as an acquisition target for appropriate potential acquirors.
Accordingly, the Corporation’s Board of Directors is aware that possible strategic
alternatives and transactional opportunities may arise and/or could be procured in the
short or medium terms. The Corporation will promptly issue a press release if any material
change occurs.
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
Douglas Vass – Investor Relations Consultant
Email: [email protected]
Website: http://www.LAURION.ca
Follow us on: X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn
(https://www.linkedin.com/in/cynthia-le-sueur-aquin-laurion-lme-04b03017/)
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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, management's objectives, strategies, beliefs and intentions, the use of proceeds of the
Private Placement, the Corporation’s ability to advance, expand and/or develop the Ishkõday
Project and any possible strategic alternatives and transactional opportunities that may arise
and/or could be procured in the future with respect to the Corporation . 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 materially
from those projected herein including as a result of a change in the trading price of the common
shares of LAURION, the TSXV not providing its final approval for the Private Placement (including
the payment of finders’ fees in connection therewith) or any strategic alternatives or transactional
opportunities, the interpretation and actual results of current exploration activities, future prices of
gold and/or other metals, and 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 rea der 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. All sample values are from grab samples and channel samples, which by their nature,
are not necessarily representative of overall grades of mineralized areas. Readers are cautioned
to not place undue reliance on the assay values reported in this press release.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.