Lion One Metals Ltd.

Lion One Metals Ltd. announces that it has elected to accelerate the expiry date of the outstanding common share purchase warrants originally issued by the Company as part of its private placement of units which closed on December 6, 2019 . Each Warrant entitles the holder to purchase one additional common share of the Company for an exercise price of $1.20. Pursuant to the terms of the Warrants, the Company can [...]

Lion One Metals Ltd. is pleased to announce, further to its announcements on July 23, 2020 and August 5, 2020, that it has completed a "bought deal" brokered private placement and concurrent non-brokered private placement of an aggregate of 13,529,750 units of the Company at a price of C$1.70 per Tranche 1 Unit for gross proceeds of C$23,000,575, including the exercise in full of the underwriters' option with respect to [...]

Lion One Metals Ltd. is pleased to announce that it has completed diamond drill hole TUDDH500 to a depth of 863.4m and has now commenced drilling a daughter wedge hole beginning at approximately 400m depth to retest the newly discovered high-grade feeder . The Company has also received gravimetric fire assay results for the entirety of the high-grade feeder zone. Highlights: Gravimetric fire assay results from both [...]

Lion One Metals Ltd. is pleased to announce that, further to its press releases dated July 23, 2020 and July 27, 2020, announcing a private placement offering of units of the Company, the Company has agreed with Haywood Securities Inc. to amend the terms of the offering. Pursuant to the amended agreement, Haywood and Echelon Wealth Partners Inc., as co-lead underwriters on behalf of a syndicate of underwriters, have [...]

Lion One Metals Ltd. is pleased to announce that it has amended the terms of its previously announced bought deal private placement financing to increase the size of the offering to C$35 million . Under the terms of the Upsized Offering, a syndicate of underwriters co-led by Haywood Securities Inc. and Echelon Wealth Partners Inc. and including Cormark Securities Inc., Eight Capital, and Laurentian Bank Securities Inc [...]

Lion One Metals Ltd. is pleased to announce that assays support that diamond drill hole TUDDH500 has intersected high-grade feeder style mineralization at its 100% controlled Tuvatu alkaline gold project, Fiji. Highlights: Two high-grade intervals were encountered between down hole depths of 558.0 and 583.4m including 2m grading 35.28 gpt Au starting at 558.0m followed by 12.7m grading 46.14 g/t Au starting at 571.0m. The [...]

Lion One Metals Ltd. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and Echelon Wealth Partners Inc. as co-lead underwriters on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 11,765,000 units of the Company at a price of C$1.70 per Unit , for total gross proceeds of C$20,000,500 [...]

Lion One Metals Ltd. is pleased to announce it has encountered visible gold in approximately 1 cm wide veins at a down hole depth of approximately 583 m in diamond drill hole TUDDH500 at its 100% controlled Tuvatu alkaline gold project, Fiji. Hole TUDDH500 is west oriented hole at an inclination of approximately 65 degrees and is designed to undercut the Tuvatu lode network in a position where these lodes are postulated [...]

Lion One Metals Ltd. is pleased to announce discovery of Tuvatu style lodes at Banana Creek, approximately 3 km northeast of the Tuvatu resource. Banana Creek is a new, high-priority greenfields target situated within Lion One's recently granted Navilawa tenement, part of its 100% controlled Tuvatu alkaline gold project, Fiji. Drill rig #1 recently completed two diamond drill holes at Tuvatu West and has now resumed deep [...]

Lion One Metals Ltd. is pleased to announce its #2 diamond drill has commenced drilling at a newly defined high-grade target called Biliwi within the new Navilawa tenement. In a news release dated February 19th, 2020, Lion One discussed discovery of high-grade surface samples at Biliwi that included 60.4 g/t Au over 0.40 m, 94.8 g/t Au over 0.40 m, 17.90 g/t Au over 0.75 m and 83.60 g/t Au over 0.45 m. The first hole has [...]