Lion One Metals Ltd. is pleased to announce that in response to market demand, it has arranged, subject to the approval of the TSX Venture Exchange , a non-brokered private placement of up to 5,882,353 units at a price of $0.34 per Unit for total gross proceeds of up to $2,000,000. Each Unit consists of one common share and one Common Share purchase warrant , each such Warrant exercisable at a price of $0.41 per share and [...]
Lion One Metals Ltd. is pleased to announce pricing and terms of its previously announced overnight marketed underwritten offering of 22,058,824 units of the Company at a public offering price of C$0.34 for aggregate gross proceeds of C$7,500,000. Stifel Nicolaus Canada Inc. is acting as lead underwriter and sole bookrunner , on behalf of a syndicate of underwriters . The Company has agreed to grant the Underwriters an [...]
In the news release, Lion One Announces Overnight Marketed Offering, issued 05-Feb-2025 by Lion One Metals Ltd. over PR Newswire, we are advised by the company that instances of the word "Underwriters" have been updated to "Underwriter" in the 2nd, 3rd, and 6th paragraphs. The 4th paragraph has also been updated with additional information regarding the Warrant Shares. The complete, corrected release follows: Lion One [...]
Lion One Metals Ltd. is pleased to announce that it is commencing an overnight marketed public offering of units of the Company for anticipated gross proceeds of up to C$7.5 million . The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company, Stifel Nicolaus Canada Inc. as lead underwriter and sole bookrunner , and a syndicate of underwriters to be determined [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from 3,791.3 metres of underground grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The drilling is focused on Zone 2 and targeted the URW and Murau lode systems. All drilling was completed from existing near surface underground workings. The Company intersected high-grade mineralized structures in 25 holes [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from 3,866.8 metres of infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The drilling is focused on Zone 5 and includes the Zone's best assay result to-date of 2,749.86 g/t of gold over 0.3 metres . All drilling was completed from existing near surface underground workings. The Company intersected [...]
Lion One Metals Ltd. is pleased to report record quarterly gold sales and gold production from the Tuvatu Gold Mine in Fiji for Q4 CY2024. Summary of Quarterly Results: 4,741 oz of gold sold 4,300 oz of gold recovered 29,525 tonnes milled Total revenue of C$17,993,020 72% increase in revenue compared to previous quarter Quarterly Production Results Lion One Metals sold approximately 4,741 oz of gold and 841 oz of silver [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from Zone 5 infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for infill and grade control drilling in the Zone 5 area of Tuvatu. Drill results include multiple bonanza grade gold assays such as 1517.79 g/t, 513.50 g/t, 113.76 g/t, 137.50 g/t, and 115.25 g/t . These [...]
Lion One Metals Ltd. is pleased to announce the results of the Company's annual and special general meeting of shareholders held on December 12, 2024. At the Meeting, the number of directors of the Company was set at three with the following directors re-elected at the Meeting: Walter Berukoff, Richard Meli, and Kevin Puil. In addition, shareholders of the Company approved the Company's Omnibus Equity Incentive [...]
Lion One Metals Ltd. is pleased to release the Company's financial results for Q1 FY 2025, and announces that the Company has entered into an agreement to amend certain terms and draw down a further USD $4,000,000 of its Senior Secured Financing Facility provided by Nebari. Financial Highlights Q1-FY25 During the three-month period ended September 30, 2024, the Company achieved the following: Mine operating income of [...]
Lion One Metals Ltd. is pleased to report an intensification of roscoelite-targeting efforts at Tuvatu and announces the return of Sergio Cattalani to Fiji to lead the technical team in these efforts. The company is also pleased to announce the additions of Ivan Maldonado and Alexander Valencia as the new Mine Geology Manager and Senior Mine Geologist respectively at the Company's Tuvatu Gold Mine in Fiji. Roscoelite [...]
Initial Bulk Sample Returns 11.6 g/t Gold from 861 Tonnes Lion One Metals Ltd. is pleased to report that the development of a new high-grade near-surface roscoelite zone has commenced at the company's 100% owned Tuvatu high-grade alkaline gold mine on the island of Viti Levu in Fiji. Lion One CEO Walter Berukoff stated, "Quartz-roscoelite veining is the most economically significant mineral assemblage at several world [...]