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.

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Comment by Puma1backon Jul 26, 2024 5:33pm

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Post# 36150612

RE:They just can't help themselves.

this is a pre-operational entity - it's source of oxygen comes therefor from financings - that is not a complicated concept.

the hard part is pegging when the company flips to internal financing. The side car deal suggests to me that the switch is sooner than later

woolco wrote: They drive dilution like its the right decision. They obviously have no confidence in the future mines cash flow...as they will take money and dilute at any price....next stop penny stock hell.

Lion One Announces $2 Million Sidecar Private Placement

North Vancouver, British Columbia--(Newsfile Corp. - July 22, 2024) - Lion One Metals Limited (TSXV: LIO) (ASX: LLO) (OTCQB: LOMLF) ("Lion One" or the "Company"), is pleased to announce that in response to market demand, it has arranged, subject to the approval of the TSX Venture Exchange ("TSX-V"),... Read More