LAURION Engages Steven Hunter for Investor Relations Services
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LAURION Engages Steven Hunter for Investor Relations Services
TORONTO, ONTARIO (August 22, 2023) – LAURION Mineral Exploration Inc. (TSX.V: LME
and OTC: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce that it has
engaged Steven Hunter to provide investor relations services.
Steven has been engaged to heighten capital market awareness and understanding
of LAURION, and assist with managing investor communications and expectations.
Steven’s 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 Steven have entered into
a consulting agreement (the " Agreement"), pursuant to which, among other things,
Steven has agreed to provide certain invest or relations services in accordance with
Policy 3.4 - Investor Relations, Promotional and Market-Making Activities (“Policy 3.4”)
of the TSX Venture Exchange (the " TSXV"). The Agreement has a term of up to six
months, effective August 21, 2023, 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, Steven will receive options to purchase up to 250,000 common shares of the
Corporation at a price of C$0.40 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.
Steven is based out of London, Ontario and was a licensed CIRO Investment Advisor
and Professional Branch Manager for the past 22 years. A veteran of the Canadian
investment services industry, Steven has held senior roles at a major Canadian bank
that included responsibility for supervision and management of a multi-billion dollar
business while adhering to strict guidelin e s s e t o u t b y a n u m b e r o f p r o v i n c i a l a n d
federal self-regulatory organizations.
The Agreement does not contain any performance factors. Steven and the
Corporation are unrelated and unaffiliated en tities, although Steven is an existing
minority shareholder of the Corporation. Th e appointment of Steven 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.
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 th e OTC under the symbol LMEFF. LAURION
now has 257,159,855 outstanding shares of which approximately 80% are owned and
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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 47 km 2 Ishkoday Project, and its gold-rich polymetallic
mineralization.
LAURION’s chief priority remains maximizing shareholder value while simultaneously
embracing and considering the principles and best practices of environmental,
social, and corporate governance (ESG) issues. A large portion of the Corporation’s
focus in this regard falls within the ambit of its mineral exploration activities and more
specifically, advancing the Ishkoday Project.
A consequence of LAURION’s success and advancement over the past several years
is that the Corporation has become posi tioned 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. In the meanwhile, LAURION will
continue to explore opportun ities and potential transactions that are strategically
beneficial to the Corporation and its shareholders.
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
Steven Hunter – Investor Relations Consultant
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 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 Steven’s ability to heighten capi tal 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) approv als and the engagement of Steven on the terms
described herein. Actual events and future results, performance or achievements expressed or implied
by such forward-looking statements could differ mate rially 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, th e failure of contracted parties to perform, labor
disputes and other risks of the mining industry, dela ys in obtaining governmental approvals or financing
or in the completion of exploration, as well as thos e 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 th e 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 fo r the adequacy or accuracy of this release. No
stock exchange, securities commission or other regulatory authority has approved or disapproved the
information contained herein.