North Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) is pleased to announce the successful commissioning of a new flotation plant — known in the industry as a "float plant" — at its 100%-owned Tuvatu Alkaline Gold Project in Fiji. This is a genuine milestone, and one that marks the beginning of a new chapter for the Company. The plant has been built, tested, and is now operating. What lies ahead is the important and necessarily patient wo ...

Core Viewpoint - Lion One Metals Limited has received conditional approval from the TSX Venture Exchange for a non-brokered private placement financing, which is expected to close on March 27, 2026, with gross proceeds of C$15,050,032 from Arete Capital Advisor Pty Ltd [1][2][3]. Financing Details - Arete has subscribed for 44,264,800 units at a price of C$0.34 per unit, with each unit consisting of one common share and one common share purchase warrant [3]. - Each warrant allows the subscriber to acquire one common share at a price of C$0.39 for three years following the closing of the offering [3]. - The common shares purchased represent 9.9% of the company's outstanding common shares on a pro forma basis [3]. Use of Proceeds - The net proceeds from the offering will be used to fund strategic initiatives at the Tuvatu Alkaline Gold Project in Fiji, including improvements in mill throughput capacity, flotation circuit enhancements, underground development, and investments in mining equipment [5]. - The company also plans to use some proceeds to cushion its working capital covenants under its senior debt facility, which matures in August 2026 [5]. Investor Rights Agreement - Upon closing, the company will enter into an Investor Rights Agreement with Arete, granting Arete certain rights as a significant shareholder, including board nomination rights and pre-emptive rights [6][10]. - Arete will have the right to designate one nominee to serve as a director for as long as its ownership interest is at least 9.9% [7]. - The agreement will terminate if Arete's ownership falls below the minimum qualification threshold [11]. Management Services Agreement - The company plans to enter into a Management Services Agreement with Arete, which will provide management and advisory services for the Tuvatu Project [12]. - Arete will be compensated with a management fee of C$750,000 per year, plus potential incentive compensation based on key performance indicators [15]. - The agreement is renewable after an initial five-year term and can be terminated by the company under certain conditions [16]. Company Overview - Lion One Metals Limited is an emerging Canadian gold producer with operations at the Tuvatu Alkaline Gold Project in Fiji, which includes a high-grade gold deposit and various mining facilities [18]. - The company holds an extensive exploration license covering the Navilawa Caldera, which hosts multiple mineralized zones [18]. About Arete Capital Corp. - Arete is a specialist mining investment and operating group focused on high-quality mid-tier gold and base metal assets, with a track record in mine acquisition and management [19]. - The team combines operational expertise with experience in capital markets, aiming to optimize mine plans and enhance productivity [20].

Nadi, Fiji--(Newsfile Corp. - March 18, 2026) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to announce that it has approved an investment of US$1.14 million for the procurement and installation of an evaporator system at the Company's 100%-owned Tuvatu Alkaline Gold Project in Fiji ("Tuvatu"). The evaporator is a permanent solution for managing excess process water in the Tailings Storage Facility ("TSF"), and is expected to be fully operational by late Apri ...

Core Message - Lion One Metals Limited is focused on transitioning its Tuvatu Gold Mine into a sustainable, high-quality business, emphasizing long-term value creation and operational improvements [2][3]. Operational Performance - In February, Lion One produced 813 ounces of gold, with a year-to-date total of 9,180 ounces. The processing plant milled 10,267 tonnes of ore at an average grade of 3.49 grams per tonne, with a gold recovery rate of 77.3% [6][7]. - Underground development faced challenges, with only 120 metres developed against a target of 188 metres due to equipment availability and compressed air constraints [8]. - The geology team drilled 2,369 metres in February, achieving significant results, including an intercept of 5.15 metres at 9.18 grams per tonne, which enhances confidence in the resource base and mine life [9]. Major Projects - The flotation plant commissioning is nearing completion, A$400,000 under budget, which is expected to improve gold recovery and reduce tailings loss [10]. - The construction of the Tailings Storage Facility Stage 2A was completed in December 2025, with Stage 2B engineering approved in February [10]. Financial and Operational Discipline - The company is actively managing working capital, with expectations of stronger near-term cash generation due to improved recovery profiles and higher grades [12]. - Capital allocation is disciplined, focusing on mine development, reliability, and growth drilling [12]. Key Areas of Focus for Q2 2026 - Advance mine development and access to meet full development meterage targets [13]. - Optimize plant performance and recoveries through flotation circuit optimization [14]. - Strengthen infrastructure and reliability, including completing a high-voltage power study [15]. - Enhance water and tailings management with a long-term water treatment solution [16]. - Maintain safety, compliance, and community trust with a zero-harm safety culture [19]. Closing Thoughts - February demonstrated the team's capabilities in safe execution and disciplined cost management, while acknowledging the challenges faced [20]. - The upcoming months are critical for improving capital development rates and stabilizing equipment performance [21].

Core Viewpoint - Lion One Metals Limited has received a shareholder meeting requisition notice from Concept Capital Management Ltd, proposing significant changes to the board of directors [1][2]. Group 1: Shareholder Requisition - The requisition proposes the removal of two directors and setting the number of directors between nine to eleven, with six nominees from the requisitioning shareholder [2]. - The company is reviewing the requisition with professional advisors and will respond appropriately, indicating no immediate action is required from shareholders [1][7]. Group 2: Strategic Transaction - Approval of a strategic transaction with Arete Capital Advisors, which includes a $15 million equity investment, remains under review by the TSX Venture Exchange [3].

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About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Insights - Power Metallic Mines Inc. reported significant assay results from its drilling program, highlighting high-grade copper intersections in the Lion Zone, which may enhance the potential for early open-pit mining operations [1][1][1] Drilling Results - Hole PML-26-049 intersected 16.55 meters of 10.08% Cu and 15.11% CuEqRec, marking the best copper intersection to date in the Lion Zone [1][1][1] - Hole PML-25-047 confirmed high-grade copper with 4.16 meters at 4.15% Cu and 6.80% CuEqRec, supporting the near-surface mineralization potential [1][1][1] - Hole PML-26-043 expanded the deeper high-grade lode with 7.60 meters at 7.30% CuEqRec within an 18.00-meter interval of 3.18% CuEqRec [1][1][1] Exploration Activities - The company is exploring additional mineralization zones outside the Lion Zone, with two holes drilled 500 meters west of Lion intersecting the target horizon, although the grades were modest [1][1][1] - Further exploratory drilling is planned based on BHEM results from holes PML-25-037 and PML-25-044, which indicated the presence of mineralizing horizons [1][1][1] - Holes PML-25-035 and PML-25-038, drilled east of Lion, encountered narrow zones of anomalous palladium and hints of Lion-style mineralization, suggesting potential for larger Ni-Cu deposits [1][1][1] Company Overview - Power Metallic is focused on advancing the Nisk Project Area, which includes high-grade copper, PGE, nickel, gold, and silver systems, aiming to establish Canada's next polymetallic mine [1][1][1] - The company controls approximately 330 km² of land, including the Nisk and Lion discovery zones, and is evaluating the Tiger target through ongoing drill programs [1][1][1]

Core Viewpoint - Lion Copper and Gold Corp. has appointed Samuel Engineering as the lead consultant for the Definitive Feasibility Study of the Yerington Copper Project and NEXUS Environmental Consultants for permitting and environmental management, marking a significant advancement in the project's development [1][2]. Group 1: Project Development - The appointments of Samuel Engineering and NEXUS Environmental Consultants are crucial for advancing the Yerington Copper Project into the Definitive Feasibility Study and permitting phase after the successful completion of the Preliminary Feasibility Study [2][10]. - Samuel Engineering will coordinate all technical disciplines for the DFS, including mine planning, processing, infrastructure, and cost estimation [3][4]. - NEXUS will manage environmental baseline programs and regulatory submissions, ensuring compliance with state and federal regulations [5][6]. Group 2: Financial and Strategic Alignment - The work led by Samuel and NEXUS aligns with Stage 3 of the Nuton partnership, which includes a funding commitment of up to US$31 million for advancing the project [7][8]. - This integrated approach ensures that technical design and permitting strategies progress in parallel, enhancing project execution and development certainty [8][10]. Group 3: Project Importance - The Yerington Copper Project is one of the largest undeveloped copper assets in the U.S., located in a top-tier mining jurisdiction with established infrastructure [9]. - The project is expected to play a vital role in supporting U.S. domestic copper supply, which is increasingly important for various sectors, including renewable energy and electric vehicles [10].

Core Viewpoint - Lion Rock Resources Inc. has entered into a Media Agency Agreement with Global One Media Group to enhance its digital marketing efforts [1][3]. Group 1: Agreement Details - The Agreement is for a term of six months, with a monthly fee of US$6,500, and the first three months' fees are payable in advance [2]. - All fees will be paid from the general working capital of Lion Rock Resources [2]. Group 2: Company and Partner Information - Global One Media is based in Singapore and specializes in digital investor communications for publicly traded companies [4]. - Lion Rock Resources is a Canadian mineral exploration company focused on high-grade gold and lithium projects, with its flagship Volney Project located in South Dakota [5].