Lion One Metals Ltd. is pleased to provide an operations update and announce the completion of the raise bore project and mine ventilation upgrade at the Company's 100% owned Tuvatu Gold Mine in Fiji, and reports preliminary quarterly gold production from the Tuvatu Gold Mine for Q1 CY2025. The mine ventilation upgrade is a major milestone for the Company as it enables the Company to develop more levels underground and to [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from 2,194.70 meters of underground infill and grade control drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji . The drilling is focused on the Ura lode system which is currently being mined. All drilling was conducted from near surface underground workings. The Company intersected high-grade mineralized structures in 18 holes [...]
Lion One Metals Ltd. is pleased to announce the start of engineering and construction of the flotation circuit at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The Tuvatu gold mine is currently operating at the 300 TPD pilot plant level. The Company plans to double plant design capacity to 600 TPD with the expansion occurring in stages. The first stage of expansion is the addition of a flotation circuit that [...]
Lion One Metals Ltd. is pleased to announce record mine operating income of C$6,302,540 from the Company's 100% owned Tuvatu Gold Mine in Fiji for Q4 CY2024. The Company is also pleased to announce that the Company's internal assay laboratory has achieved ISO 17025 accreditation - an internationally recognized standard for laboratory quality, reliability, and impartiality. Summary of Quarterly Financial Results: Record [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from 1,757.8 meters of near-mine expansion drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. Drilling is focused on the SKL lodes in the Zone 5 area of Tuvatu. The Company is also pleased to announce accomplished mining engineer Ian Berzins as the Company's new CEO. The SKL lodes are located in close proximity to underground [...]
Lion One Metals Ltd. is pleased to announce receipt of approval from the TSX Venture Exchange for the listing of the 25,367,647 share purchase warrants issued by the Company on February 14, 2025 as part of its public offering of units pursuant to the terms of an underwriting agreement dated as of February 10, 2025, among the Company, Stifel Nicolaus Canada Inc. and Canaccord Genuity Corp. . Each Warrant is exercisable to [...]
Lion One Metals Ltd. is pleased to report significant new high-grade gold results from 3,312.5 meters of near mine exploration and infill drilling at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The drilling is focused on the West Zone target west of the Tuvatu Gold Mine. The West Zone is located approximately 300 m to the west of the main Tuvatu deposit, in close proximity to existing mine infrastructure [...]
Lion One Metals Ltd. , is pleased to announce that the Company has closed the underwritten offering previously announced on February 5, 2025 by issuing 25,367,647 units of the Company at a price of $0.34 per Unit for aggregate gross proceeds of $8,625,000.00, which includes the exercise, in full, by the Underwriters of the over-allotment option granted by the Company to purchase up to an additional 3,308,823 Units at the [...]
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 5,882,353 units at a price of $0.34 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 $0.41 per share and [...]
Lion One Metals Ltd. is pleased to announce pricing and terms of its previously announced overnight marketed underwritten offering of 22,058,824 units of the Company at a public offering price of C$0.34 for aggregate gross proceeds of C$7,500,000. Stifel Nicolaus Canada Inc. is acting as lead underwriter and sole bookrunner , on behalf of a syndicate of underwriters . The Company has agreed to grant the Underwriters an [...]
In the news release, Lion One Announces Overnight Marketed Offering, issued 05-Feb-2025 by Lion One Metals Ltd. over PR Newswire, we are advised by the company that instances of the word "Underwriters" have been updated to "Underwriter" in the 2nd, 3rd, and 6th paragraphs. The 4th paragraph has also been updated with additional information regarding the Warrant Shares. The complete, corrected release follows: Lion One [...]
Lion One Metals Ltd. is pleased to announce that it is commencing an overnight marketed public offering of units of the Company for anticipated gross proceeds of up to C$7.5 million . The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company, Stifel Nicolaus Canada Inc. as lead underwriter and sole bookrunner , and a syndicate of underwriters to be determined [...]
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