Laurion Announces Filing of the 2010 Financial Statements and MD&A
posted on
May 03, 2011 07:59PM
Creating Growth and Wealth Through Discoveries
May 3, 2011 (Marketwire Canada) --
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TORONTO, ONTARIO -- Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF) ("Laurion") has filed the 2010 Consolidated Financial Statements and Management Discussion and Analysis. The full reports are available for download on the company website, www.laurion.ca, and on SEDAR.
2010 Financial Highlights: |
2010 Operational Highlights: |
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, Canada and Nevada, USA.
(1) | Includes a $0.06 per share one-time gain on property sale |
(2) | Short-term investment of shares in San Gold Corporation having a market value of $2,497,130 at December 31st, 2011 |
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 the approval of Laurion's application to trade its common shares over the facilities of the OTCQX and the commencement of such trading. 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. Laurion and its management assume no obligation to revise or update these forward looking statements.
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.
Laurion Mineral Exploration Inc.
President
1-888-212-4070 or 1-705-788-9186
1-705-788-9187 (FAX)
Laurion Mineral Exploration Inc.
Vice President, Corporate Communications
1-888-212-4070 or 1-705-788-9186
1-705-788-9187 (FAX)
www.laurion.ca