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.

TSXV:LIO - Post by User

Lion One Metals Ltd > They just can't help themselves.

<< Previous

Bullboard Posts

Next >>

Comment by BearKilleron Jul 26, 2024 11:43am

157 Views

Post# 36149932

RE:RE:They just can't help themselves.

Yeah that balloon payment looks pretty threatening. That might be the biggest reason the market is afraid to buy this aside from the surprise financings.

Btw, I'm the LIFE document for the recent financing, there's a nice little blurb about the company won't close the deal unless it reasonably assumes it will meet its business objectives and liquidity requirments for the next 12 months.

<< Previous

Bullboard Posts

Next >>

Unique Battery Metals opportunity in Quebec