Lion One Announces Results of Annual and Special General Meeting

Rhea-AI Summary

Lion One Metals (TSXV: LIO) (OTCQX: LOMLF) held its annual and special general meeting on December 12, 2024. Shareholders approved key resolutions including: the re-election of three directors - Walter Berukoff, Richard Meli, and Kevin Puil; the Company's Omnibus Equity Incentive Compensation Plan as outlined in the October 29, 2024 management information circular; and the re-appointment of Davidson & Company LLP as the company's auditor for the upcoming fiscal year.

North Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to announce the results of the Company's annual and special general meeting of shareholders (the "Meeting") held on December 12, 2024.

At the Meeting, the number of directors of the Company was set at three (3) with the following directors re-elected at the Meeting: Walter Berukoff, Richard Meli, and Kevin Puil. In addition, shareholders of the Company approved the Company's Omnibus Equity Incentive Compensation Plan as described in the management information circular dated October 29, 2024 (the "Circular") as well as the re-appointment of Davidson & Company LLP, Chartered Professional Accountants as the auditor of the Company for the ensuing fiscal year.

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 its 100% owned Tuvatu Alkaline Gold Project in Fiji. The Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the Pilot Plant, and the Assay Lab. The Company also has an extensive exploration license covering the entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration targets.

On behalf of the Board of Directors,
Walter Berukoff, Chairman & CEO

Contact Information
Email: info@liononemetals.com
Phone: 1-855-805-1250 (toll free North America)
Website: www.liononemetals.com

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 to be "forward-looking statements" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects Lion One Metals Limited's current beliefs and is based on information currently available to Lion One Metals Limited and on assumptions Lion One Metals Limited believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports, assessment reports, and other geological reports or prior 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 development of Lion One Metals Limited, general business, economic, competitive, political and social uncertainties; the actual results of current research and development or operational activities; competition; uncertainty as to patent applications and intellectual property rights; product liability and lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting mining, timing and availability of external financing on acceptable terms; not realizing on the potential benefits of technology; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233639

FAQ

What were the key decisions made at Lion One Metals' (LOMLF) December 2024 annual meeting?

At the December 12, 2024 meeting, shareholders approved the re-election of three directors, the Omnibus Equity Incentive Compensation Plan, and re-appointed Davidson & Company LLP as auditors.

Who are the directors re-elected to Lion One Metals' (LOMLF) board in December 2024?

Walter Berukoff, Richard Meli, and Kevin Puil were re-elected as directors at the December 12, 2024 annual meeting.

When did Lion One Metals (LOMLF) release its management information circular for the 2024 annual meeting?

Lion One Metals released its management information circular on October 29, 2024.

Which auditing firm was re-appointed for Lion One Metals (LOMLF) at the 2024 annual meeting?

Davidson & Company LLP, Chartered Professional Accountants, was re-appointed as the company's auditor for the ensuing fiscal year.