Laurion Mineral Exploration Inc. is pleased to announce that it has closed its previously-announced non-brokered private placement consisting of an aggregate of 5,673,169 flow-through shares at a subscription price of $0.46 per FT Share for aggregate gross proceeds to the Corporation of $2,609,658. Each FT Share is a common share of the Corporation issued as a "flow-through share" of the Income Tax Act ). The gross proceeds of the Private Placement will be used for "Canadian exploration expenses" , which will qualify, once renounced, as "flow-through mining expenditures", as defined in the Tax Act, which will be renounced with an effective date of no later than December 31, 2024 to the initial purchasers of FT Shares in an aggregate amount not less than the gross proceeds rai...