Dual Listed Junior Miner Upsizes Private Placement Due to High Demand

By: Dylan Sikes – AllPennyStocks.com News

Thursday, November 2, 2023

This dual-listed exploration firm just increased its private placement due to high demand. Laurion Mineral Exploration Inc. (TSXV: LME) (OTCPINK: LMEFF) announced in a press release today the increase of the maximum size of its previously-announced non-brokered private placement. The private placement was upsized to approximately $2.88 million, consisting of up to approximately 5,142,900 flow-through shares at a price of $0.56 per flow-through share.

Laurion is a junior mineral exploration and development company listed on both the TSX Venture Exchange and the OTC. The firm’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km 2 Ishkoday Project, and its gold-rich polymetallic mineralization.

Canadian shares closed Wednesday at $0.485, U.S. shares closed at $0.3622.

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