Lion One Metals Ltd. , is pleased to announce that in response to market demand, it has arranged, subject to the approval of the TSX Venture Exchange , a non-brokered private placement of up to 5,405,405 units at a price of $0.37 per Unit for total gross proceeds of up to $2,000,000. Each Unit consists of one common share and one Common Share purchase warrant , each such Warrant exercisable at a price of $0.50 per share [...]
Lion One Metals Ltd. is pleased to announce that it has entered into an amended agreement with Eight Capital as lead agent , to upsize the previously announced private placement. In connection with the upsized offering, the Company will issue up to 27,027,027 units of the Company at a price of $0.37 per Unit for aggregate gross proceeds of up to $10,000,000 pursuant to the listed issuer financing exemption available under [...]
Lion One Metals Ltd. is pleased to announce that it has entered into an agreement with Eight Capital as lead agent and sole bookrunner in connection with a "best efforts" private placement of up to 20,271,000 units of the Company at a price of $0.37 per Unit for aggregate gross proceeds of up to $7,500,270, pursuant to the listed issuer financing exemption available under National Instrument 45-106 - Prospectus Exemptions [...]
Lion One Metals Ltd. is pleased to report Q2 CY2024 gold production for the Tuvatu Gold Mine in Fiji. Highlights: 3,551 oz of gold recovered during Q2 2024 3,251 oz of gold poured during Q2 2024 32,100 tonnes milled during Q2 2024 Quarterly Production Results Lion One Metals has produced 3,551 oz of gold during the three-month period ending June 30th, 2024. This marks an increase from the prior three-month period ending [...]
Lion One Metals Ltd. is pleased to report record preliminary gold production at Tuvatu for the month of June and significantly expands the surface gold-in-soil anomaly to the south of Tuvatu. The company also announces an increase in the planned mill expansion to 600-700 TPD, and files an updated NI43-101 compliant Technical Report with an effective date of June 24, 2024. Gold production at Tuvatu has steadily increased [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from Zone 5 infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for infill and grade control drilling in the Zone 5 area of Tuvatu. Drill results include multiple bonanza grade gold assays such as 750.05 g/t, 315.46 g/t, 167.55 g/t, 134.10 g/t, 132.29 g/t, 126.84 g/t, and [...]
Lion One Metals Ltd. is pleased to report the start of mechanized production at Tuvatu and reports significant new high-grade gold results from Zone 5 infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Mechanized production mining has commenced at Tuvatu. The first remote bogging at Tuvatu occurred on May 16th, and the first long hole stope blast occurred on May 18th. Both are also [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from near-mine expansion drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Assay results are presented here for near-mine expansion drilling in the Murau down-dip extension and SKL areas of Tuvatu. Both areas are outside the current mine plan yet are close to current underground workings and are being brought into the mine [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from ongoing infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji and provides an update to mining operations at Tuvatu. Assay results are presented here for infill and grade control drilling completed in the Zone 2 area of Tuvatu and include multiple bonanza grade gold results such as 448.98 g/t, 202.34 [...]
Drilling intersects multiple zones of extensive copper mineralization up to 210.8 m in length Lion One Metals Ltd. is pleased to announce the discovery of copper porphyry-style mineralization in a newly identified mineralized system 1 km northeast of the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Porphyry style mineralization was discovered from surface drilling at the Wailoaloa prospect as part of the [...]
Lion One Metals Ltd. is pleased to provide an update on ongoing operations at the company's 100% owned Tuvatu Alkaline Gold Project in Fiji. Highlights: Mechanized mining commencing on Zone 2 stopes in the URW1 stockwork vein system. Airleg mining commencing on Zone 5 stopes at the UR2 and URW3 lode systems. Limited mechanized mining in Zone 5 scheduled to commence in April. Stope mining at Tuvatu scheduled to increase [...]
Lion One Metals Ltd. is pleased to announce that the Company has closed the underwritten offering previously announced on February 7, 2024 by issuing 24,150,000 units of the Company at a price of $0.50 per Unit for aggregate gross proceeds of $12,075,000, which includes the exercise, in full, by the Underwriters of the over-allotment option granted by the Company to purchase up to an additional 3,150,000 Units at the [...]
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