LAURION Completes Its Annual Filings
1 | Page
LAURION Completes Its Annual Filings
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 6, 2020) – Laurion Mineral Exploration Inc. (TSX.V: LME and
OTCPINK: LMEFF) (“LAURION” or the “Corporation”) announces that the Corporation
has filed its annual audited financial statements for the year ended December 31,
2019 and its related management’s discussion and analysis (collectively, the “Annual
Filing Documents”).
LAURION is normally required under subsections 4.2(b) and 5.1(2) of National
Instrument 51 ‐102 – Continuous Disclosure Obligations t o f i l e i t s A n n u a l F i l i n g
Documents by the 120 th day after the Corporation’s most recently completed
financial year. However, as previously disclosed in the Corporation’s news release
dated April 28, 2020, due to the initial logistical restrictions and operational challenges
resulting from the outbreak of the COVID-19 pandemic, the Corporation elected to
rely on the temporary blanket relief published by Canadian securities regulators to file
its Annual Filing Documents. These restri ctions and challenges have since been
addressed and administrative activities have normalized.
As required by Ontario Instrument 51-502 – Temporary Exemption from Certain
Corporate Finance Requirements (“Ontario Instrument 51-502 ”), LAURION confirms
that there have been no material business developments since April 28, 2020 (being
the date of the Corporation’s last news release required by Ontario Instrument 51-
502).
About LAURION Mineral Exploration Inc.
The Corporation is a junior mineral expl oration and development company listed on
the TSX-V under the symbol LME and on the OTCPINK under the symbol LMEFF.
LAURION now has 181,125,977 outstanding shares of which approximately 59% 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 km2 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
2 | Page
with assays and geochemical analysis. The mineralization on Ishkoday is open at
depth beyond the current core-drilling limi t of -200 m from surface, based on the
historical mining to a -685 m depth, in the past producing Sturgeon River Mine. The
recently acquired Brenbar Property, which is contiguous with the Ishkoday Property,
hosts the historic Brenbar Mine and LAURION believes that the mineralization to be a
direct extension of mineralization from the Ishkoday Property.
Mr. David Lewis, P. Geo. (APGO, OGQ), LAURION ’s Exploration Manager and
Technical Advisor to the Board of Director s, is a Qualified Person as defined by
National Instrument 43-101 guidelines and has reviewed and approved the technical
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
Caution Regarding Forward-Looking Information
This press release contains forward-looking stat ements, which reflect the Corporation’s current
expectations regarding future events, including wi th respect to LAURION's business, operations and
condition, and management's objectives, strategies, beliefs and intentions. The forward-looking
statements involve risks and uncertainties. Actu al 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 the interp retation and actual results of current exploration
activities, changes in project parameters as plans cont inue 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 contra cted 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
uncertainties relating to these forward-looking statem ents. 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.