LAURION Mineral Exploration Inc. Announces Proposed Non-Brokered Private Placement of Flow-Through Units

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LME Intrinsic Value – LAURION($TSXV:LME): Each flow-through unit will consist of one common share of the Company and one-half of one common share purchase warrant. The private placement is subject to a number of conditions, including but not limited to, the receipt of all necessary regulatory approvals. The securities issued pursuant to the private placement will be subject to a hold period in Canada of four months and one day from the date of closing of the private placement. Proceeds from the private placement will be used to fund exploration expenditures on the Company’s mineral properties.

Price History

On Thursday, LAURION MINERAL EXPLORATION stock opened at CA$1.0 and closed at CA$1.0, a drop of 7.7% from the previous closing price of CA$1.0. The company has announced a proposed non-brokered private placement of flow-through units, each consisting of one common share and one-half of one common share purchase warrant.

VI Analysis – LME Intrinsic Value

Company’s fundamentals reflect its long term potential. The intrinsic value of a share is the present value of all future cash flows that the company is expected to generate. The VI Line is a tool that uses a company’s financial statements to calculate its intrinsic value. Currently, LAURION MINERAL EXPLORATION stock is trading at CA$1.0, which is overvalued by 49%. This means that the market is expecting the company to generate higher profits in the future than it is currently projected to.

Summary

Each unit will consist of one common share and one-half of one common share purchase warrant. The company plans to use the proceeds for mineral exploration and development activities in Ontario, Canada. Laurion is a mineral exploration and development company with a focus on precious and base metals. With the proposed placement, investors may see Laurion as a company with good potential for growth, despite the recent stock price move.