Lion One Metals Ltd V.LIO

Alternate Symbol(s): V.LIO.W | LOMLF

Metals & Mining Gold

Lion One Metals Limited is a Canada-based exploration company. The Company is engaged in the business of mineral exploration and evaluation and is primarily focused on the acquisition, exploration and evaluation of mineral resources in Fiji. The Company owns 100% of Tuvatu Alkaline Gold Project, which is located approximately 24 kilometers northeast of the town of Nadi on the island of Viti Levu in the Republic of Fiji. The area surrounding the Tuvatu gold deposit and resource area is covered by approximately three-square kilometers of special mining lease (SML 62), with the broader project area covered by approximately 13,613 hectares of special prospecting licenses (SMLs 1283, 1296, 1465 and 1512), covering the balance of the Navilawa caldera. The SML 62 provides rights for the potential development, construction, and operation of mining, processing, and waste management infrastructure at Tuvatu. The Company holds over four exploration licenses (SPLs) for the Tuvatu properties.

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Lion One Metals Ltd > common lio

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Comment by Puma1backon Apr 11, 2024 7:46pm

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Post# 35984547

RE:RE:RE:common lio

if you read the earlier releases that had drawn most of their lines, with the added cost that they had to extend the original warrant but ALSO had to drop the trigger price by about 35 to 40%.

That and the Copper discovery forced them to raise capital. Was it "rick" price- overallotment take up screams yes but they filled to bank.

reddog11 wrote: LIO was nearly $.80 when the insane PP was announced. Had that PP NOT been done with golt close to $2400. LIO would be over a $1.

All this mess for $12 million.

JMO

RD