Lion One Metals Ltd V.LIO

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

Metals & Mining Gold

Lion One Metals Limited is a Canadian gold producer. It is in the business of mineral exploration and evaluation and is focused on the development of mineral resources in Fiji. The Company is the owner and operator of the Tuvatu Gold Mine located on the island of Viti Levu in the Fiji Islands. The Tuvatu Gold Project has been fully permitted for development, construction, and mining by the Government of Fiji with the grant of a Special Mining Lease (SML 62). The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Property comprises four special prospecting licenses (SPL 62), with a total area of 20,170.5 hectares. It also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets. It holds four exploration licenses for the Tuvatu properties as granted by the mineral resources department.

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Lion One Metals Ltd > Giving the company away!! Horrible mgt. Massive dilution at

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Comment by ubiquitousmanon Sep 21, 2022 10:18am

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Post# 34976184

RE:RE:Giving the company away!! Horrible mgt. Massive dilution at

The problem is they tried to raise money and evidently their story is not very compelling. No one is interested and they were unable to convince anybody that they have something really good here. So
lets raise money at a 3 year low with heavy dilution. Total wipeout of shareholder value. But again
what is most concerning is they must not have enough data to convince anyone in the industry that
they have a great prospect here. Really, really questionable time to raise money. total fail by mgt.

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