Lead: Laurion Mineral Exploration has tapped Sankarsan “Sean” Ghosal as a strategic advisor to tighten governance and bring capital‑markets savvy to the Ishkōday Project as the company advances toward a Mineral Resource Estimate (MRE) and other technical milestones.
Quick summary (what to know) – Appointment announced in a company release dated February 17. – Advisor: Sankarsan “Sean” Ghosal — streaming & royalties specialist at Sprott with prior mining equity research and hands‑on project experience.
– Purpose: better align engineering decisions with financing and investor expectations, reduce execution risk, and strengthen project‑level governance. – Laurion: 278,716,413 common shares outstanding; CEO Cynthia Le Sueur‑Aquin holds 17,221,306 shares. – Next steps: further operational updates on Ishkōday expected in coming months.
Why this matters Laurion’s hire signals a shift from purely technical progress toward a tighter integration of study results and market readiness. As Ishkōday moves through feasibility and resource-definition workstreams, the company wants those outputs to be immediately meaningful to financiers and potential partners — and that’s precisely the gap Ghosal is expected to close.
Who Sean Ghosal is Ghosal brings a blended resume: current work on Sprott’s Streaming & Royalties team, prior mining equity research at Stifel Financial, plus practical experience supporting mining projects from feasibility stages into execution. That combination—engineering awareness plus capital‑markets fluency—positions him to translate geological and engineering findings into credible financing narratives and structure options.
Practical benefits for Ishkōday – Sharpened financing options: Ghosal will help evaluate non‑dilutive pathways (for example, assessing historical surface stockpiles for early value capture) and other structures that could reduce equity dilution or accelerate development. – Clearer investor communications: aligning study outputs to what capital providers need should improve disclosure timing and milestone clarity. – Stronger governance at project level: his role includes participating in capital‑allocation discussions so technical decisions better reflect shareholder value objectives.
Company perspective and governance CEO Cynthia Le Sueur‑Aquin frames the appointment as a deliberate step to link field‑level decisions to shareholder returns across the 57 km² Ishkōday district. Laurion emphasizes disciplined technical work and long‑term value creation over opportunistic, transaction‑driven timing. Management says the move enhances board oversight and readies the project for future capital engagement.
Share structure and alignment Laurion reported 278,716,413 common shares outstanding; CEO Le Sueur‑Aquin holds 17,221,306 shares. The company highlights this ownership as evidence of management alignment with long‑term investors and as part of its governance narrative.
Risk note and next steps Laurion’s release reiterates that forward‑looking statements involve risks and uncertainties; planned strategic alternatives, financings or resource estimates may change. Investors are directed to the company’s public filings for complete risk disclosures. Operational updates on Ishkōday are expected over the coming months via standard regulatory channels.
Contacts and where to follow For investor inquiries: Cynthia Le Sueur‑Aquin (Tel: 1‑705‑788‑9186; Fax: 1‑705‑805‑9256) and Douglas Vass, investor relations ([email protected]). More at http://www.LAURION.ca and on social @LAURION_LME (X, Instagram, LinkedIn). If Ghosal can bridge study outputs and financing structures as intended, the project may move from technical definition to investor‑ready milestones with less dilution risk and clearer execution timelines. Further updates should clarify how those objectives translate into concrete financing plans.
