Lion One Metals Ltd. is pleased to announce that in response to further investor demand, the Company intends to complete a non-brokered private placement of up to 21,875,000 units at a price of $0.32 per Offered Unit for further gross proceeds of up to $7,000,000. The Sidecar Private Placement is being completed in addition to the Company's previously announced non-brokered private placement for gross proceeds of [...]
Lion One Metals Ltd. is pleased to announce that as a result of further investor demand, the Company has increased the size of its previously announced non-brokered private placement for gross proceeds of $20,000,000 to gross proceeds of $25,000,000 . The upsized LIFE Offering will consist of an offering of up to 78,125,000 units at a price of $0.32 per Offered Unit , pursuant to the listed issuer financing exemption [...]
Lion One Metals Ltd. is pleased to provide an update on mining operations at the Company's 100% owned Tuvatu Alkaline Gold Project in Fiji. The Company's first shrinkage stope has been a success. A total of 5,704 tonnes of material has been mined from the shrinkage stope, at an average grade of 10.60 g/t gold. Most of the shrinkage stope production occurred from July to September and was blended with material from other [...]
Lion One Metals Ltd. is pleased to announce that it has closed its previously announced and upsized non-brokered private placement for gross proceeds of $18,715,153 . Pursuant to the LIFE Offering, the Company issued 58,484,853 units at a price of $0.32 per Offered Unit , pursuant to the listed issuer financing exemption available under National Instrument 45-106 - Prospectus Exemptions. Each Offered Unit consisted of one [...]
Lion One Metals Ltd. is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement for gross proceeds of $15,000,000 to gross proceeds of $20,000,000 . The upsized LIFE Offering will consist of an offering of up to 62,500,000 units at a price of $0.32 per Offered Unit , pursuant to the listed issuer financing exemption [...]
Lion One Metals Ltd. is pleased to announce a non-brokered private placement of up to 46,875,000 units at a price of $0.32 per Offered Unit for aggregate gross proceeds of up to $15,000,000, pursuant to the listed issuer financing exemption available under National Instrument 45-106 - Prospectus Exemptions , in each of the Provinces of Canada other than Quebec. Each Offered Unit will consist of one common share of the [...]
Lion One Metals Ltd. is pleased to provide an operations update and to report preliminary quarterly gold production from the Tuvatu Gold Mine in Fiji for the quarter ending June 30th, 2025. Highlights of Operations: Record mill utilization of 96% Record mill throughput of 33,726 tonnes Record capital development of 489 m Record operating development of 1,014 m Shrink stope development complete, production beginning [...]
Lion One Metals Ltd. announces today that Casey Spreeuw has stepped down from the Company's Board of Directors for personal reasons, and Tayfun Eldem has been appointed as an Independent Director of the Company. Lion One Chairman Walter Berukoff wishes to thank Mr. Spreeuw for his contributions and welcomes Mr. Eldem to the Board of Directors. Tayfun Eldem, P. Eng. Mr. Eldem is an accomplished mining executive with over [...]
Lion One Metals Ltd. is pleased to announce the appointment of Edward Collery to the Board of Directors. Mr. Collery is the founder and President of Pelham Investment Partners LP, a private investment partnership based in New York. Prior to founding Pelham Investment Partners, Mr. Collery worked as a research analyst and partner in the investment management industry, including as a partner at private investment firm SC [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from 2,701.4 meters of underground infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji . The drilling is focused on the Ura lode system which is currently being mined. The Company intersected high-grade mineralized structures in 21 holes, most of which did not exceed 150 m in length. There are two primary [...]
Lion One Metals Ltd. announces that Kevin Puil has stepped down from the Company's Board of Directors and announces the appointment of Mr. Casey Spreeuw to the Company's Board of Directors effective today. Walter Berukoff, Chairman of Lion One's Board of Directors and President of the Company, commented "On behalf of the Board and the Company's management team we wish to thank Mr. Puil for his service and contributions to [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from 4,123.8 meters of underground infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji . The drilling is focused on the Zone 5 area of the deposit, which is currently being mined. Drilling was conducted from two near surface underground drill stations. The Company intersected high-grade mineralized [...]