Mr. Ian Chang reports

LION ONE APPOINTS TONY YOUNG AS CHIEF FINANCIAL OFFICER

Lion One Metals Ltd. has appointed Tony Young as the company's new chief financial officer, replacing Samantha Shorter.

Mr. Young has over 17 years of experience in financial roles for mining companies operating in both Canada and Latin America. Mr. Young was most recently the director of finance at Red Eagle Mining Corp., where he guided the company's transition from mine development to production, including the construction of a 1,200-tonne-per-day processing plant at the San Ramon gold mine in Colombia. Mr. Young was also the corporate controller for Luna Gold Corp. (Trek Mining Inc.), an 80,000-ounce-per-year gold producer with a 6,000-tonne-per-day processing plant in Brazil. Mr. Young was previously senior manager at KPMG LLP providing assurance and tax services to mining and resource-based companies in Canada. Mr. Young is a chartered professional accountant and certified public accountant (Illinois) and holds a bachelor of commerce from the University of British Columbia.

"Tony Young's experience and skill set will be invaluable to Lion One as we transition through planned development, construction, into production at Tuvatu," said Lion One chief executive officer Walter Berukoff. "We wish to sincerely thank Samantha Shorter for her efforts and contributions to Lion One since 2013 and wish her success with her future endeavours."

About Lion One Metals Ltd.

Lion One is aggressively advancing its 100-per-cent-owned Tuvatu gold project as a world-class discovery and near-term production opportunity in the southwest Pacific Ring of Fire. Tuvatu is modelled for exploration after regional giants in the low sulphidation family of high-grade epithermal gold deposits such as Porgera and Lihir in PNG, and Vatukoula in Fiji. These spectacular discoveries have produced over 35 million ounces of gold in similar alkaline volcanic settings. Tuvatu has been fully permitted by the government of Fiji for operations start-up and has a dual-track strategy of production development and resource expansion inside its 385-hectare mining lease.

Ian Chang, MASc, PEng, chief development officer, is the qualified person (QP) responsible for Tuvatu mine development.

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