Lion one announces $2 million sidecar private placement

North vancouver, british columbia--(newsfile corp. - july 22, 2024) - lion one metals limited (tsxv: lio) (asx: llo) (otcqb: lomlf) ("lion one" or the "company"), is pleased to announce that in response to market demand, it has arranged, subject to the approval of the tsx venture exchange ("tsx-v"), a non-brokered private placement (the "sidecar private placement") of up to 5,405,405 units (the "units") at a price of $0.37 per unit for total gross proceeds of up to $2,000,000. each unit consists of one common share (the "common shares") and one common share purchase warrant (the "warrants"), each such warrant exercisable at a price of $0.50 per share and expiring 36 months from the date of issue.
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