Laurion Completes Transaction With James E. Bond II and Russell P. Renner, Acquiring 13 Mining Claims Contiguous to the Sturgeon
08 Julio 2011 - 9:15AM
Marketwired
Laurion Mineral Exploration Inc. (TSX VENTURE: LME)(OTCQX: LMEFF)
("Laurion" or the "Corporation") issued a press release on February
24th, 2011, announcing that it had entered into a letter of intent
with James E. Bond II and Russell P. Renner (collectively, "Bond
and Renner"), whereby Laurion would acquire an undivided 100%
interest in 13 mining claims totaling 179 units and primarily
located in Pifher Township of the province of Ontario, contiguous
to the Corporation's Sturgeon River property.
Laurion is pleased to announce that it has received all
necessary corporate and regulatory approvals with respect to the
above transaction with Bond and Renner, and confirms that the
transaction has now closed.
About Laurion Minerals Exploration Inc.
The Corporation's focus is to make the transition from explorer
to near-term 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 and PGEs with key
interests in prospective mining properties located in Ontario and
Churchill County, Nevada USA.
This news release includes certain forward-looking statements
concerning the future performance of Laurion's business, operations
and financial performance and condition, as well as management's
objectives, strategies, beliefs and intentions. Such statements
include, but are not limited to, statements concerning Laurion's
acquisition of the property from Bond and Renner as described
above. 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, as described
in more detail in our recent securities filings available at
www.sedar.com. Actual events or results may differ materially from
those projected in the forward-looking statements and Laurion
cautions against placing undue reliance thereon.
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 release.
Contacts: Laurion Mineral Exploration Inc. Cynthia Le
Sueur-Aquin President 1-888-212-4070 or 1-705-788-9186
1-705-788-9187 (FAX) Laurion Mineral Exploration Inc. Karen Doxsee
Vice President, Corporate Communications 1-888-212-4070 or
1-705-788-9186 1-705-788-9187 (FAX) www.laurion.ca
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