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 > 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