Issued and Outstanding Common Shares - 66,043,683
TORONTO, Jan. 4 /CNW/ - Laurion Mineral Exploration Inc. (TSXV: LME) (the "Corporation") is pleased to announce that an application has been approved by the TSX Venture Exchange to reduce the exercise price of the 11,285,150 warrants issued by the Corporation on November 16, 2007 (the "Warrants"). The original exercise price of $0.20 has been reduced to $0.11.
About Laurion Mineral Exploration Inc.
The Corporation is an exploration specialist company with key interests in highly prospective properties in Ontario. The Corporation's primary exploration focus is the identification of gold deposits; its exploration horizon will also encompass base metals and PGEs.
"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.
"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. 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 Laurion nor its management assumes any obligation to revise or update these forward-looking statements.
SOURCE Laurion Mineral Exploration Inc.
For further information: For further information: Laurion Mineral Exploration Inc., Cynthia Le Sueur-Aquin - President, Tel: (705) 788-9186, Fax: (705) 788-9187; Website: www.laurion.ca