Lion One Metals Announces Listing of Warrants
North Vancouver, British Columbia–(Newsfile Corp. – December 29, 2020) – Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) (“Lion One” or the “Company”) is pleased to announce that a total of 4,045,496 common share purchase warrants will be listed and posted for trading under the symbol LIO.WT on the TSX Venture Exchange effective December 31, 2020.
The Warrants were issued in connection with the Company’s offering of units that closed on August 21, 2020 (refer to TSX-V bulletin dated September 8, 2020). Each unit consists of one common share and one warrant, with each warrant entitling the holder to purchase one common share at an exercise price equal to $2.75, at any time before August 21, 2021.
About Lion One Metals Limited
Lion One’s flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji. Lion One envisions a low-cost high-grade underground gold mining operation at Tuvatu coupled with exciting exploration upside inside its tenements covering the entire Navilawa Caldera, an underexplored yet highly prospective 7km diameter alkaline gold system. Lion One’s CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries. As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.
On behalf of the Board of Directors of
Lion One Metals Limited
“Walter Berukoff”
Chairman and CEO
vERY INTERRESTING ANALYSIS IN A NUMBER OF WAYS. ALSO NOT MENTIONED BUT I’M SURE NOT OVERLOOKED ARE THE OTHER ASSETS NOVO HAS INCLUDING THEIR STAKE IN NEWFOUNDGOLD AND ELEMENTUM 3D.
GRL