Laurion Engages First Canadian to provide Investor Relations Services
2012年3月21日 - 6:31PM
PR Newswire (Canada)
TORONTO, March 21, 2012 /CNW/ - Laurion Mineral Exploration Inc.
and (OTCQX: LMEFF) ("Laurion" or the "Corporation"), is pleased to
announce that it has retained First Canadian Capital Corp. ("First
Canadian") as a consultant to provide strategic marketing and
investor relations services. First Canadian will introduce the
Corporation to private investors, analysts, brokers, money managers
and other financial professionals, and will generate market
awareness for both the Bell Mountain and Sturgeon River projects,
as well as the commencement of Laurion's drill program comprised of
twinning, infill and extensional exploration drilling in the
Beaurox A-Zone. Drilling will be carried out with the goal of
bringing the Sturgeon River/Beaurox A-Zone Target Deposit of 4.0 to
6.0 million tonnes of 1.5 to 3.0 g/t gold, 20 to 30 g/t silver, 2.5
to 3.5% zinc, and 0.25 to 0.50% copper to a NI 43-101 compliant
resource estimate, based on its own and the historical drilling
information which suggests a combined strike length of 6,000 metres
for three zones of sulphides. It is expected that this program will
take approximately six months to complete. This work will be
followed with grid drilling along the Tehya-Ahki zone with
sufficient drill spacing to allow this area to advance to NI 43-101
resource estimation. The reader should be cautioned that the
potential quantities and grades reflected above are conceptual in
nature, that there has been insufficient exploration to define a
mineral resource and that it is uncertain if further exploration
will result in the target being delineated as a mineral resource.
Under the terms of the agreement with First Canadian (the
"Agreement"), Laurion will pay First Canadian $6,000 per month for
a twelve month initial term (with a right of termination by either
party after six months) and grant 400,000 stock options for a
period of one year at an exercise price of $0.10 per share, with
vesting in accordance with the Agreement, TSX Venture Exchange
policies and the company's stock option plan. Kindly note that the
Agreement and related stock option issuance remain subject to the
approval of the TSX Venture Exchange. Cynthia Le Sueur-Aquin,
President and CEO of Laurion commented, "We are pleased to retain
First Canadian, an IR firm with a very successful track record in
providing investor relations services to emerging small-cap and
mid-tier companies in Canada. We look forward to having our story
better articulated to a wider audience, in order to increase
awareness and exposure to financial markets. In particular,
we wish to highlight Laurion's undervalued quality assets and
significant growth potential on both the Sturgeon River and Bell
Mountain projects. First Canadian was chosen based on their
professional standards and track record of successfully assisting
other resource companies with effective investor relation plans and
strategies." About First Canadian Capital
Corp.www.firstcanadiancapital.com: Based in Toronto and in the
investor relations business for thirteen years, First Canadian
Capital Corp. has assisted numerous North American corporations in
gaining exposure and recognition within the global investment
community and specializing in providing investor relations services
to emerging small-cap and mid-tier companies. FCCC's core
competencies are found in identifying quality assets and
undervalued companies with high growth potential and providing
effective investor relations and market awareness services to these
companies. FCCC is proud to have had two clients win the PDAC
Prospector of the Year Award. First Canadian Capital Corp. Tel:
416-742-5600 T/F: 1-866-580-8891 request@firstcanadiancapital.com
About Laurion Mineral Exploration Inc. The Corporation's focus is
to make the transition from explorer to producer and envisages the
realization of shareholder value and wealth through monetization of
its discoveries and assets. Laurion's exploration horizons are
focused primarily on gold with a secondary interest in base metals,
with key interests in prospective mining properties located in
Ontario, Canada and Nevada, USA. 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 news release. This news release
includes certain forward-looking statements concerning the future
performance of Laurion's business, operations and condition, as
well as management's objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by
such words as "may", "will", "plan", "expect", "anticipate",
"estimate", "intend" and similar words referring to future events
and results. Forward-looking statements are based on the current
opinions and expectations of management. All forward-looking
information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative
nature of mineral exploration and development, fluctuating
commodity prices, competitive risks and the availability of
financing. Actual events or results may differ materially from
those projected in the forward-looking statements and Laurion
cautions against placing undue reliance thereon. Laurion and its
management assume no obligation to revise or update these forward
looking statements except as required by law. Laurion Mineral
Exploration Inc. CONTACT: Laurion Mineral Exploration Inc.Cynthia
Le Sueur-Aquin - PresidentTel: 1-888-212-4070Tel:
1-705-788-9186Fax: 1-705-788-9187Website: www.laurion.ca
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