Walter Berukoff, chairman of Lion One’s board of directors and president of the company, commented: “On behalf of the company’s board of directors and management team, we would like to thank Mr. Eldem for his service and contributions to the company and wish him all the best in his future endeavors.”
About Lion One Metals Limited
Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver BC, with new operations established in late 2023 at the 100% owned Tuvatu Alkaline Gold Project in Fiji. The Tuvatu project includes the high-grade Tuvatu Alkaline Gold Deposit, underground gold mine, pilot plant and testing laboratory. The company also holds an extensive exploration license covering the entire Navilawa Caldera, which is home to multiple mineralized zones and highly promising exploration targets.
On behalf of the Board of Directors,
Walter Berukoff, chairman and president
Neither the TSX-V nor its Regulation Service Provider accepts responsibility or the adequacy or accuracy of this release
This press release may contain statements that may be deemed “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, contained herein are forward-looking information. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “proposed”, “is expected”, “budget”, “planned”, “estimates”, “predicts”, “intends”, “anticipates” or “does not expect”, or “believes”, or variations on such words and phrases, or by the use of words or phrases that state that certain actions, events or results could, could, could, would or might take place or be achieved. This forward-looking information reflects the current beliefs of Lion One Metals Limited and is based on information currently available to Lion One Metals Limited and on assumptions that Lion One Metals Limited considers reasonable. These assumptions include, but are not limited to, actual results of exploration projects being equivalent to or better than those estimated in technical reports, assessment reports and other geological reports or previous exploration results. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Lion One Metals Limited or its subsidiaries to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the stage of development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of ongoing research and development activities or operational activities; competition; uncertainty regarding patent applications and intellectual property rights; product liability and lack of insurance; delay or lack of board or regulatory approval; changes in legislation, including environmental legislation, affecting mining, the timing and availability of external financing on acceptable terms; unaware of the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled workers or the loss of key personnel. Although Lion One Metals Limited has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Lion One Metals Limited does not undertake to update any forward-looking information except in accordance with applicable securities laws.
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