TORONTO, ONTARIO — December 17, 2025 — Leads & Copy —
LAURION Mineral Exploration Inc. (TSX.V: LME|OTC: LMEFF|FSE: 5YD) announced today that it intends to complete a non-brokered flow-through private placement to raise up to approximately $1.6 million in gross proceeds. The Corporation plans to issue up to approximately 4,848,485 flow through units at a price of $0.33 per unit.
Each flow-through unit will consist of one common share of the Corporation issued as a “flow-through share” under subsection 66(15) of the Income Tax Act (Canada), along with one-half of one common share purchase warrant. Each whole warrant will allow the holder to acquire one non-flow-through common share of the Corporation at a price of $0.39 per share for 24 months from the issuance date.
The gross proceeds from the flow-through units will be used to incur eligible “Canadian exploration expenses” at the Corporation’s Ishkõday Project, which qualify as “flow-through mining expenditures” as defined in the Tax Act. LAURION plans to allocate the proceeds to advance its 2026 drill program on the Ishkõday property. The program will focus on the gold and base metal A-Zone to the McLeod and CRK corridor (approximately 1.9 km strike) and the proximal orogenic Sturgeon River Mine area, located within the 6.0 x 2.5 km mineralized corridor. The program will include systematic in-fill and step-out drilling to define continuity of known mineralized envelopes and test depth and strike extensions where mineralization converges. LAURION’s exploration strategy aims to build resource potential within the A-Zone and Sturgeon River Mine corridors.
The closing of the private placement, as well as the payment of any finders’ fees, is subject to the approval of the TSX Venture Exchange. The Corporation expects to close the private placement on or about December 19, 2025, pending all necessary regulatory approvals. The Corporation may pay finders’ fees in connection with the private placement. All securities issued will be subject to a hold period of four months and one day in accordance with applicable Canadian securities laws.
Jean-Philippe Paiement, PGeo, MSc, a consultant to LAURION and a Qualified Person as defined by National Instrument 43-101, reviewed and approved the technical contents of this release.
LAURION Mineral Exploration Inc. is a mid-stage junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. It has 274,097,283 outstanding shares, with approximately 73.6% owned and controlled by insiders who are eligible investors under the “Friends and Family” categories.
LAURION focuses on the exploration and development of its 100% owned Ishkõday Project, and its gold-rich polymetallic mineralization. The Corporation’s chief priority remains maximizing shareholder value, with a large portion of its focus on mineral exploration activities and advancing the Ishkõday Project. The 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.
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
Douglas Vass – Investor Relations Consultant
Email: info@laurion.ca
Source: LAURION Mineral Exploration Inc.
