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Laurion Mineral Exploration Inc. Announces the Issuance of Common Shares Pursuan

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-10-24

Issued and Outstanding 35,995,776 Common Shares

TORONTO, Oct. 23 /CNW/ - Laurion Mineral Exploration Inc. (TSXV: LME)("Laurion") is pleased to announce that pursuant to the option agreement (the"Option Agreement") previously disclosed by press release on September 23,2007, Laurion has paid $15,000 and has issued 100,000 of its common shares(the "Shares") to certain persons (the "Optionors") in return for an option(the "Option") to acquire a 100% of the legal and beneficial interest ineleven mining claims located in the Cóte Township in Timmins, Ontario. Tofully exercise the Option, Laurion must issue 200,000 additional Shares to theOptionors and make further aggregate payments of $30,000 to the Optionors onor before October 23, 2009.

Laurion Mineral Exploration Inc. is an early stage exploration specialistcompany with projects in Ontario. Laurion's exploration horizons encompass notonly gold, but also base metals and PGE's.

This document may contain or refer to forward-looking information basedon current expectations. Forward-looking statements are subject to significantrisks and uncertainties, and other factors that could cause actual results todiffer materially from expected results. These forward-looking statements aremade as of the date hereof and we assume no responsibility to update or revisethem to reflect new events or circumstances.

    The TSX Venture Exchange has neither approved nor disapproved the    information contained herein and does not accept responsibility for the    adequacy or accuracy of this release.

For further information

Laurion Mineral Exploration Inc., Cynthia LeSueur-Aquin - President, Tel: (705) 788-9186, Fax: (705) 788-9187, Website:www.laurion.ca
CHF Investor Relations - , Barry Leung - BrokerRelations Account Manager, , Tel: (416) 868-1079 ext.247
KellyCody - Assoc. Account Manager, , Tel: (416) 868-1079 ext.223

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