LAURION Engages Douglas Vass for Investor Relations Services
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LAURION Engages Douglas Vass for Investor Relations Services
TORONTO, ONTARIO ( February 12, 2024) – LAURION Mineral Exploration Inc. (TSX.V:
LME and OTC: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce that it
has engaged Douglas Vass to provide investor relations services.
Douglas has been engaged to heighten capital market awareness and
understanding of LAURION and assist with managing investor communications and
expectations. Douglas’ services are expected to include the enhancement of
corporate marketing materials, investor engagement through select channels,
relationship management, and other strategic capital market advisory services.
In connection with this engagement, the Corporation and Douglas have entered into
a consulting agreement (the "Agreement"), pursuant to which, among other things,
Douglas has agreed to provide certain investor relations services in accordance with
Policy 3.4 - Investor Relations, Promotional and Market-Making Activities (“Policy 3.4”)
of the TSX Ven ture Exchange (the " TSXV"). The Agreement is effective February 12,
2024 and may be terminated at any time without charge by either party by giving a
30-day notice in writing. In consideration for his services, Douglas will receive options
to purchase up to 250,000 common shares of the Corporation at a price of C$0.45 per
common share, with a five -year term . The Options will vest as to one -third of the
Options on each annual anniversary of their grant, with the first such vesting occurring
on the first anniversary (being 12 months from the date of grant), in accordance with
the Corporation’s stock option plan and Policy 3.4.
The Agreement does not contain any performance factors. Douglas and the
Corporation are unrelated and unaffiliated entities , although Douglas is an existing
minority shareholder of the Corporation . The appointment of Douglas as an investor
relations consultant of LAURION and the granting of stock options, as contemplated
in the Agreement and summarized above, remain subject to TSXV approval.
In connection with Douglas ’ appointment, the Corporation has accepted the
resignation of Steven Hunter as investor relations consultant of the Corporation.
Stated Cynthia Le Sueur-Aquin, CEO and President of LAURION, “The Board wishes to
thank Steven for his assistance as part of our team. Steven brought to the table his
extensive financial and capital markets experience and was very well -regarded for
his high level of professionalism and passion with our stakeholders. When Steven was
engaged a s a consultant , the Board was aware that Steven would likely only be
available to act in his role for a limited, six-month period. We wish Steven every success
in his new position. At the same time, we are extremely pleased to welcome Douglas
to the LAURION team to assist with certain investor relations activities and stakeholder
outreach.”
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Douglas is based out of Lake Country , British Columbia . With over two decades of
experience, Douglas has forged a remarkable career in business and investing. His
expertise in business development, and a keen investment focus on junior exploration
companies and the stock market, sets him apart. A seasoned professional and existing
shareholder of LAURION, Douglas ’ skills encompass M&A, marketing,
entrepreneurship, business strategy, finance, and leadership. His journey reflects a
commitment to excellence in navigating the intricate landscapes of both corporate
development and financial markets.
About LAURION Mineral Exploration Inc.
The Corporation is a junior mineral exploration and development company listed on
the TSXV under the symbol LME and on the OTC under the symbol LMEFF. LAURION
now has 263,346,102 outstanding shares of which approximately 72% 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 57.43 km2 Ishkoday P roject, 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
Website: http://www.LAURION.ca
Douglas G. Vass - Investor Relations Consultant
Email: [email protected]
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, management's objectives, strategies, beliefs and intentions, the Corporation’s ability to
advance the Ishkoday Project, the nature, focus, timing and potential results of the Corporation’s future
exploration efforts, the Corporation’s and Douglas Vass’ ability to h eighten capital market awareness
and understanding of LAURION, and any possible strategic alternatives and transactional opportunities
that may arise and/or could be procured in the future with respect to the Corporation . The forward -
looking statements involve risks and uncertainties , including risks relating to the Corporation failing to
obtain the requisite regulatory (including the TSXV) approvals and the engagement of Douglas Vass on
the terms described herein. 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 interpretation and
actual results of current and future 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 public disclosure record, for
additional information on risks and uncertainties relating to these forward-looking statements. The reader
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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 TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No
stock exchange, securities commission or other regulatory authority has approved or disapproved the
information contained herein.