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LAURION Broadens Advisor Network and Issues Stock Options to First Nations under Amended Exploration Agreement as Ishkõday Exploration Progresses

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LAURION Broadens Advisor Network and Issues Stock Options to First

Nations under Amended Exploration Agreement as Ishkõday

Exploration Progresses

TORONTO, Ontario – November 19, 2025 – LAURION Mineral Exploration Inc. (TSXV: LME |

OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is pleased to provide this corporate

update on its advisory engagements, exploration progress, and investor outreach

initiatives.

Advisory Network Expansion

As part of its ongoing corporate development strategy, LAURION has broadened its

advisory network to include additional strategic partners engaged to complement and

extend the Corporation’s capital markets and M&A (strategic transaction) initiatives. This

expanded network, established prior to the conclusion of LAURION’s engagement with

US Capital Global Partners, as disclosed in its most recent public filing, is intended to

enhance the Corporation’s institutional outreach, market visibility, and transactio nal

execution capabilities. LAURION has created a layered, multi -channel approach

designed to expedite investor access, broaden the Corporation’s ability to explore

transactional opportunities, and ensure the Corporation can efficiently engage a wider

breadth of potential partners and stakeholders in exploring strategic alternatives. While

the Corporation anticipates that the benefits of these expanded advisory efforts will

materialize progressively over time, this coordinated framework aims to strengthen

LAURION’s foundation for long-term growth and advance its shareholder value strategy

with discipline and transparency.

Advancing the Ishkõday Exploration Program

LAURION continues to execute a disciplined and systematic advancement of its flagship

57 km² Ishkõday Project, located 220 km northeast of Thunder Bay, Ontario. Further to the

Corporation’s press releases dated May 8, 2025, May 27, 2025, July 29, 2025, August 19,

2025, September 23, 2025, and October 8, 2025, the 2025 field program has materially

progressed on schedule and within budget, with meaningful technical milestones now

achieved across geophysics, drilling, and surface exploration.

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Issuance of Stock Options to First Nations

In accordance with an amendment to the Exploration Agreement between LAURION

and the Animbiigoo Zaagi’igan Anishinaabek (AZA) , Bingwi Neyaashi Anishinaabek

(BNA), and Biinjitiwaabik Zaaging Anishinaabek (BZA ) First Nations, the Corporation ’s

Board of Directors has authorized the issuance of an aggregate of 750,000 stock options

(250,000 to each First Nation). These options, granted under LAURION’s stock option plan,

are exercisable at a price of $0.38 per common share. The options will vest immediately

and remain exercisable for a period of five years from the grant date. This grant is subject

to acceptance by the TSX Venture Exchange.

This issuance forms part of the broader resolution and recognition framework outlined

under the Exploration Agreement, reflecting LAURION’s continued commitment to long-

term collaboration, transparency, and shared benefit with our Indigenous partners.

Looking Ahead and Shareholder Updates

LAURION reaffirms that any developments of material significance will be communicated

without delay. In the meantime, shareholders are encouraged to respect channel

integrity and refrain from speculating on social media, which may negatively affect the

share price and delay the effective execution of strategic initiatives. The Corporation

appreciates shareholders’ patience and trust —the Board and management continue

exerting every effort, in concert with its diverse advisors, to maximize shareholder value.

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 LAURION’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.

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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 Corporation’s ability to advance 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 diamond drill program described in

this press release and the Corporation’s other planned activities for the Ishkõday Project for the remainder of

2025, and the statements regarding the Corporation’s exploration or consideration of any possible strategic

alternatives and transactional opportunities (including, without limitation, the Corporation’s engagement of

third party advisors to explore any such potential alternatives and opportunities) , as well as the potential

outcome(s) of this process and the formation of the Corporat ion’s aforementioned advisory network , the

possible impact of any potential transactions referenced herein on the Corporation or any of its stakeholders,

and the ability of the Corporation to identify and complete any potential acquisitions, mergers, financings

or other transactions reference d herein, and the timing of any such transactions. 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 TSX Venture

Exchange or any other applicable regulator not providing its approval for any strategi c alternatives or

transactional opportunities, 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 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 documentation comprising the Corporation’s p ublic

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

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.