Lion One Metals Ltd.

Lion One Metals Ltd. is pleased to announce that it has entered into an agreement with Eight Capital, as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 29,350,000 units of the Company at a price of C$0.92 per Unit , for total gross proceeds of C$27,002,000 . Each Unit will consist of one common share in [...]

Lion One Metals Ltd. reports significant new high-grade results from grade control drilling at the Company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Following on the initial mining and extraction of the URA1 lode, the Company is here reporting new high-grade results from grade control drilling on the URW1 lode system, approximately 120m further east. Mining of URW1 is expected to begin over the next 2-4 weeks [...]

Lion One Metals Ltd. announces a significant milestone at Tuvatu. Initial mining of near-surface, high-grade gold bearing mineralization has commenced from a recently discovered mineralized lode. To date, strike driving along the new lode totals 14 cuts for an estimated 475 tonnes, much of which has already been added to the Company's mining inventory stockpile. The high-grade inventory stockpile will constitute the [...]

Lion One Metals Ltd. announces the acceleration of mine development and plant construction following the completion of project financing, at the Company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Lion One has advanced the number 2 development drive by over 250 meters and has completed the first cut of high-grade material from the URA1 lode. The samples taken from this first cut averaged 14 g/t gold and are [...]

Lion One Metals Ltd. announces the Company has completed its previously announced debt and equity financing transaction and has received total proceeds of US$25 million from: i) the funding of the US$23 million 1st tranche of its previously announced US$37 million financing facility provided by Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP , and Nebari's [...]

Lion One Metals Ltd. announces further high-grade assay results ongoing Zone 500 drilling at the Company's 100%-owned Tuvatu Alkaline Gold Project in Fiji. Underground drill holes TUG-147 and TUG-150 were drilled to further test the high-grade zone originally defined by drill holes TUG-141, TUDDH-601 and TUDDH-608, previously reported on June 6, 2022, August 15, 2022, and November 7, 2022, respectively. Highlights [...]

Funding Package of US$35 Million Loan Facility and US$2 Million Equity Investment Finances and Accelerates Completion of Tuvatu Gold Mine and Production Facilities Lion One Metals Ltd. is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP , with Nebari Collateral Agent, LLC as collateral [...]

Lion One Metals Ltd. is pleased to announce the results of the Company's annual and special general meeting of shareholders held on December 15, 2022. At the Meeting, the number of directors of the Company was set at four with the following directors re-elected at the Meeting: Walter H. Berukoff, Richard J. Meli, Kevin Puil and David R. Tretbar. In addition, shareholders of the Company approved the Company's Omnibus [...]

Lion One Metals Ltd. provides results from near-mine exploration, identifying two new zones of significant mineralization within the footprint of the deposit. A new lode, named URA1 has been discovered during construction of the development decline; its location corresponds to Tuvatu's near-surface and earliest scheduled production area: Zone 2. The lode has been further defined through underground channel sampling and [...]

Lion One Metals Ltd. is pleased to announce that the Company has produced additional bonanza-grade drilling intercepts and expanded the Deep Feeder Zone 500 by increasing the vertical extent of the URW3 Lode by at least 180 m at its high-grade Tuvatu Alkaline Gold Project in Fiji. The results from these holes confirm a significant increase in the vertical extension and continuity of the URW3 mineralized zone, which occurs [...]