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

TORONTO, ONTARIO - (November 16, 2023 ) – 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 Corporation

that was held on November 15, 2023 (the “Meeting”).

Election of Directors

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

information circular dated October 4, 2023 (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 three.

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

year and the authorization of the directors of the Corporation to fix their

remuneration and the terms of their engagement.

 The approval, confirmation and ratification of the renewal of the Corporat ion’s

“rolling” stock option plan (the “SOP”), as such plan and such resolution are set

forth in the Circular. The SOP remains subject to final TSX Venture Exchange

approval.

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.sedarplus.ca.

About LAURION

The Corporation is a junior mineral exploration and development company listed on the

TSX Venture Exchange under the symbol LME and on the OTC under the symbol LMEFF.

LAURION now has 263,346,102 outstanding shares of which approximately 80% are

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owned and c ontrolled 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 Ishkoday Project, and its gold -rich polymetallic

mineralization.

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

Steven Hunter - Investor Relations Consultant

Email: [email protected]

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, 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.