Lion One Metals Limited Successfully Closes Underwritten Offering

Introduction

North Vancouver, British Columbia–(Newsfile Corp. – February 14, 2025) – Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (“Lion One” or the “Company”), is pleased to announce that the Company has closed the underwritten offering (the “Offering”) previously announced on February 5, 2025 by issuing 25,367,647 units of the Company (the “Units”) at a price of $0.34 per Unit (the “Offering Price”) for aggregate gross proceeds of $8,625,000.00, which includes the exercise, in full, by the Underwriters (as defined below) of the over-allotment option granted by the Company to purchase up to an additional 3,308,823 Units at the Offering Price pursuant to the terms of an underwriting agreement (the “Underwriting Agreement”) dated as of February 10, 2025, among the Company, Stifel Nicolaus Canada Inc. (the “Lead Underwriter”) and Canaccord Genuity Corp. (together with the Lead Underwriter, the “Underwriters”). Concurrently with the Offering, the Company completed a non-brokered private placement (the “Sidecar Private Placement”) of 6,431,114 Units on the same terms as the Offering for gross proceeds of $2,186,578.76 pursuant to applicable exemptions under National Instrument 45-106 – Prospectus Exemptions.

Impact on the Individual

For individual investors, the successful closure of the underwritten offering by Lion One Metals Limited presents a potential opportunity to diversify their investment portfolio. By purchasing Units at the Offering Price, investors can participate in the growth potential of the Company and potentially benefit from any future returns generated by its operations. It is important for investors to carefully consider their investment goals and risk tolerance before making any decisions related to participating in such offerings.

Global Impact

The completion of the underwritten offering by Lion One Metals Limited can have broader implications for the global market. As a mining company, Lion One’s activities and financial performance may influence commodity prices, supply chains, and economic dynamics in regions where it operates. Additionally, successful fundraising efforts like this one can contribute to job creation, infrastructure development, and overall economic growth, both locally and internationally.

Conclusion

In conclusion, the closing of the underwritten offering by Lion One Metals Limited marks a significant milestone for the Company and its stakeholders. The successful completion of this fundraising initiative not only provides financial support for Lion One’s operations and growth strategies but also offers opportunities for investors to participate in the Company’s future success. As Lion One continues to advance its projects and expand its presence in the mining industry, the effects of this offering are likely to be felt both at the individual level and on a broader, global scale.