LAURION Announces Recent Exercise of Stock Options by Covello and Biloski in Support of the Corporation

TORONTO, ONTARIO – June 6, 2025 – LAURION Mineral Exploration Inc. (TSX.V: LME and OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is pleased to announce that one of its directors, John Covello, has exercised a total of 367,379 stock options of the Corporation (“Options”), further solidifying his belief and commitment to LAURION’s vision and potential long-term growth. The Options were exercised in full prior to their expiry date and will be reported on the System for Electronic Disclosure by Insiders (SEDI). In a similar vein, the Corporation’s Technical Advisor, Scott Biloski, has exercised a total of 150,000 Options.

Mr. Covello and Mr. Biloski both exercised Options at a price of $0.17 per share, representing personal investments into LAURION totalling approximately $88,000.

Cynthia Le Sueur-Aquin, President and CEO of LAURION, commented: “The support demonstrated by John Covello and Scott Biloski through their recent exercise of stock options underscores their confidence in LAURION’s strategic vision and long-term growth potential. As part of our forward-looking strategy, LAURION is actively exploring opportunities that may be strategically beneficial to the Corporation and its stakeholders, including divestitures or other possible significant transactions. These opportunities have the potential to materially accelerate the development timeline of the Ishkōday Project and deliver near-term value to LAURION’s stakeholders, all while reinforcing the Corporation’s ongoing commitment to a robust exploration strategy.”

About LAURION Mineral Exploration Inc.

The Corporation is a mid-stage junior mineral exploration and development company listed on the TSXV under the symbol LME and on the OTCPINK under the symbol LMEFF. LAURION now has 274,012,283 outstanding shares, of which approximately 73.6% are owned and controlled by insiders who are eligible investors under the “Friends and Family” categories.

LAURION’s emphasis is on the exploration and development of its flagship project, the 100% owned mid-stage 57 km2 Ishkõday Project, and its gold-rich polymetallic mineralization. LAURION’s chief priority remains maximizing shareholder value. A large portion of the Corporation’s focus in this regard falls within the scope of its mineral exploration activities and more specifically, advancing the Ishkõday Project.

A consequence of LAURION’s success and advancement over the past several years is that the Corporation has become positioned as an acquisition target for appropriate potential acquirors. Accordingly, the Corporation’s Board of Directors is aware that possible strategic alternatives and transactional opportunities may arise and/or could be procured in the short or medium terms. The Corporation will promptly issue a press release if any material change occurs.

LAURION Mineral Exploration Inc.
Cynthia Le Sueur-Aquin – President and CEO
Tel: 1-705-788-9186 Fax: 1-705-805-9256

Douglas Vass – Investor Relations Consultant

Email: info@laurion.ca
Website: http://www.LAURION.ca
Follow us on X (@LAURION_LME), Instagram (laurionmineral) and LinkedIn

(https://www.linkedin.com/in/cynthia-le-sueur-aquin-laurion-lme-04b03017/)

NT4