Laurion Announces Proposed Private Placement of Flow-Through Units
LAURION ANNOUNCES PROPOSED 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 17, 2025 ) – LAURION Mineral Exploration Inc. (TSX.V:
LME|OTC: LMEFF|FSE: 5YD) (“LAURION” or the “Corporation”) today announced that it is
proposing to complete a flow-through private placement on a non-brokered basis (the
“Private Placement”). The Corporation intends to raise up to approximately $1.6 million in
gross proceeds by issuing up to approximately 4,848,485 "flow through" units ("FT Units") at
a price of $0.33 per FT Unit.
Each FT Unit will consist of one common share of the Corporation to be issued as a “flow-
through share” (as defined in subsection 66(15) of the Income Tax Act (Canada) (the
“Tax Act”)) and one-half of one common share purchase warrant (each whole warrant,
a “Warrant”). Each Warrant will entitle 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 gross proceeds raised from the FT Units will be used to incur eligible “Canadian
exploration expenses” (“CEE”) at the Corporation’s flagship Ishkõday Project that qualify
as “flow-through mining expenditures”, as such terms are defined in the Tax Act. LAURION
intends to allocate the proceeds from the Private Placement to advance the
Corporation’s 2026 drill program on the Ishkõday property, focusing on the gold and base
metal A-Zone to the McLeod and CRK corridor (approximately 1.9 km strike) and the
proximal orogenic Sturgeon River Mine area, located within the 6.0 x 2.5 km mineralized
corridor. The program will include systematic in-fill and step-out drilling to define continuity
of known mineralized envelopes and test depth and strike extensions where
mineralization converges. LAURION’s exploration strategy aims to build resource potential
within the A-Zone and Sturgeon River Mine corridors.
The closing of the Private Placement, as well as the payment of any finders’ fees in
connection therewith, are subject to the approval of the TSX Venture Exchange (the
“TSXV”). The Corporation intends to close the Private Placement on or about December
19, 2025, subject to receipt of all necessary regulatory approvals. In connection with the
Private Placement, the Corporation may pay finders’ fees . All securities issued pursuant
to the Private Placement will be subject to, among other things, a hold period of four
months and one day in accordance with applicable Canadian securities laws.
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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 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 274,097,283 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/)
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 in tentions, the completion of the
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Private Placement, the anticipated size, timing and use of proceeds of the Private Placement, the
finders’ fees that may be paid by the Corporation in connection with the Private Placement, the
Corporation’s ability to advance, expand and/or develop the Ishkõday Project, the nature, focus,
timing and potential results of the Corporation’s exploration, drilling and prospecting activities in
2025 and beyond, including the Corporation’s 2026 drill program described in this press release ,
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 sha res of
LAURION, the TSXV not providing its 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 reader is
cautioned not to rely on these forward -looking statements. Subject to applic able 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.