Welcome To The Laurion Mineral Exploration HUB On AGORACOM

Creating Growth and Wealth Through Discoveries

Free
Message: Laurion Issues Stock Options to its Directors

(via Thenewswire.ca)

TORONTO - December 31, 2013 - Laurion Mineral Exploration Inc. (TSX-V: LME) and (OTCQX: LMEFF)

("Laurion" or the "Corporation") is announcing that it has decided to grant, on December 31, 2013, a total of 1,870,000 stock options (the "Options") to its board of directors (the "Board"). The Corporation's Compensation Committee will issue the Options to the Board as compensation for each director's respective contributions to Laurion over the last year.

Each of these Options will have a ten year term and an exercise price of $0.05. One-third of the Options will vest immediately, one-third of the Options will vest on the first anniversary of their date of grant and the remaining one-third of the Options will vest on the second anniversary of their date of grant.

On October 29, 2013, 700,000 stock options which were previously issued to three directors of Laurion at

$0.10 per share expired.

About Laurion Mineral Exploration Inc.

Laurion Mineral Exploration Inc. is a junior mining company focusing on the discovery and upside of its

100%-owned Ishkoday Property, a high impact VMS project, having a primary focus on gold and base metals.

With proven ability to develop early stage projects and create shareholder value by monetizing its discoveries and assets, Laurion has realized a total of $6.35 million in the last two years from monetization of its assets.

The Corporation's current emphasis is on resource development at the Ishkoday Property, located in

Beardmore, Ontario, approximately 220 km northeast of Thunder Bay.

FOR FURTHER INFORMATION, CONTACT:

Laurion Mineral Exploration Inc. Cynthia Le Sueur-Aquin - President Tel: 1-705-788-9186

Fax: 1-705-788-9187

Website: www.laurion.ca

Share
New Message
Please login to post a reply