Laurion Completes Transaction with Beaurox to Acquire up to a 100% Interest in Mining Leases - Elmhirst Township, Beardmore, On
2012年5月7日 - 4:22AM
PR Newswire (Canada)
TORONTO, May 7, 2012 /CNW/ - Laurion Mineral Exploration Inc. and
(OTCQX: LMEFF) ("Laurion" or the "Corporation") issued a press
release on April 17, 2012, announcing that it had executed a
definitive agreement with Beaurox Mines Limited ("Beaurox"),
whereby the Corporation received the option to acquire up to a 100%
interest in 30 mining leases, covering an area of 447.35 hectares
(the "Beaurox Property"). Laurion is pleased to announce that it
has received all necessary corporate and regulatory approvals with
respect to the above-mentioned transaction with Beaurox, and
confirms that the transaction has closed. The Beaurox Property is
contiguous and strategic to the Corporation's northeastern
boundary, and is located in the southwestern quarter of the
Elmhirst Township. The Corporations' Sturgeon River property is
located 25 kilometres east of the Town of Beardmore, Ontario. 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 the TSX Venture Exchange
nor its Regulation Services Provider 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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