Laurion Announces Voting Results FOR Its Annual and Special Meeting of Shareholders

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LAURION ANNOUNCES VOTING RESULTS FOR ITS

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

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 - (September 18, 2020 ) – Laurion Mineral Exploration Inc. (TSX.V:

LME and OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce the

voting results of the Annual and Special Meeting of S hareholders of the Co rporation

that was held on September 17, 2020 (the “Meeting”).

Election of Directors

Each of the nominees for election as directors listed in the Corporation’s management

information circular dated August 7, 2020 (the “Circular”) were elected as directors of

the Corporation for the ensuing year or until their successors are elected or appointed.

Other Items of Business Considered at the Meeting

Each of the following resolutions voted on at the Meeting were also passed:

 Fixing the number of directors of the Corporation (and the number of directors to

be elected at the Meeting) at four.

 The reappointment of RSM LLP as auditors of the Corporation for the ensuing

year and the authorization of the directors of the Corporat ion to fix their

remuneration and the terms of their engagement.

 The approval and ratification of the renewal of the Corporation’s rolling stock

option plan.

For further details regarding the matters considered at the Meeting, please refer to the

Circular, which can be found under the Corporation’s profile on SEDAR at

www.sedar.com.

About LAURION

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. The

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Corporation currently has 197,139,978 outstanding shares, of which approximately 71%

of LAURION’s issued and outstanding shares 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 flagship project, the 100% owned mid -

stage 47 km 2 Ishkoday Project, and its gold -silver and gold -rich polymetallic

mineralization with a significant upside potential. Ishkoday has a project -wide database

(2008 to 2019) that includes 307 diamond drill holes totaling 48,879 m, geological

mapping, ground and airborne geophysics, and 21,800 individual samples with assays

and geochemical analysis. The 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.

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

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, and management's objectives, strategies, beliefs a nd 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 materially

from those projected herein includi ng 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 refined, future prices of gold

and/or other meta ls, 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 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 documentat ion 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 la w, 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 VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR TH E

ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.