LAURION Appoints New Chief Financial Officer
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LAURION Appoints New Chief Financial Officer
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 (May 3, 2019) - LAURION Mineral Exploration Inc. (TSX.V: LME) and
(OTCPINK: LMEFF) (“Laurion” or the “Corporation”) i s p l e a s e d t o a n n o u n c e t h e
appointment of Miles Nagamatsu as the new Chief Financial Officer of the Corporation.
Mr. Nagamatsu is a Chartered Professional Accountant with over 35 years of
experience. He has served as the Chief Financial Officer of numerous public and
private companies, primarily in the mineral exploration and investment management
sectors.
“We are very pleased to welcome Miles to the LAURION team”, stated Cynthia Le
Sueur–Aquin, President and Chief Executive Of ficer of LAURION. “Miles has many years
of finance experience and a very comprehensive understanding of the mining
industry.”
In connection with Mr. Nagamatsu’s appoin tment, the Corporation has accepted the
resignation of Douglas Bolton as Chief Financ ial Officer of the Corporation. Mr. Bolton
has also resigned as a director of the Corporation. LAURION would like to express its
sincere appreciation for Mr. Bolton's dedication and contributions to LAURION during his
seven years with the Corporation, and wishes him the best in his future endeavours.
The Corporation also announces that pursuant to its stock option plan, subject to TSX
Venture Exchange approval, LAURION will grant incentive stock options to Mr.
Nagamatsu to acquire a total of 250,000 common shares of the Corporation,
exercisable for a period of ten years at an exercise price of $0.11, subject to vesting
requirements.
About Laurion Mineral Exploration Inc.
The Corporation is a junior mineral exploration and development company listed on the
TSX-V under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION
now has 143,630,084 outstanding shares of which 59.4% are owned and controlled by
Insiders and within the “friends and family” category. The Corporation’s emphasis is on
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the development of its flagship project, the 100% owned mid-stage Ishkoday Gold-
Polymetallic Project containing a significant upside potential.
LAURION’s current exploration is focussed on Ishkoday’s near term potential of major
near surface mineral resources in both gold and base metals based on the network of
un-developed quartz veins similar to thos e observed at other gold deposits in the
immediate region and in other greenstone belts.
Mr. Jean Lafleur, P. Geo. (APGO, OGQ), LAURION ’s Technical Advisor to the Board of
Directors, is a Qualified Person as defined by National Instrument 43-101 guidelines, and
has reviewed and approved the content of this news release.
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 stat ements, 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 details,
anticipated timing and completion of the transactions and other matters described in this press
release, including without limitation, the issuance of stock options to Mr. Nagamatsu and the
future results of the Corporation’s explorat ion program at Ishkoday. The forward-looking
statements involve risks and uncertainties. Actual events and future results, performance or
achievements expressed or implied by such forw ard-looking statements could differ materially
from those projected herein including as a resu lt 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 metals, possible variations in grad e 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 documentation comprising the Corporation’s public disclosure
record, for additional information on risks and un certainties 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 VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS
NEWS RELEASE.