ASX Share rice
Tue 04 Aug 2020 - 06:19:am (Sydney)

LLO Share Price

LION ONE METALS LIMITEDLLOMaterials

LLO Company Information

Name:

Lion One Metals Limited

Sector:

Basic Materials

Industry:

Gold

Address:

306-267 West Esplanade North Vancouver BC Canada V7M 1A5

Phone:

604-998-1250

Founder, Chairman & CEO:

Mr. Walter Harold Berukoff

Chief Financial Officer:

Mr. Tony Young CPA

MD & Director:

Mr. Stephen T. Mann

VP of Admin.:

Ms. Stephanie Martel

VP of Exploration:

Mr. Darren Holden

Company Overview:

Lion One Metals Limited engages in the acquisition, exploration, and evaluation of mineral resources in Fiji and Australia. The company primarily holds a 100% interest in the Tuvatu Gold project comprising four special prospecting licenses covering an area of approximately 13,619 hectares located on the island of Viti Levu in Fiji. The company is headquartered in North Vancouver, Canada.

LLO Share Price Information

Shares Issued:

118.02M

Market Capitalisation:

$332.81M

Earnings per Share:

$-0.017

Return On Assets (TTM):

$-0.01

Return On Equity (TTM):

$-0.03

Gross Profit(TTM):

$-60,115

Diluted Earnings Per Share (TTM):

$-0.017

LLO CashFlow Statement

CashFlow Date:

2019-06-30

Investments:

$-8,627,652

Change To Liabilities:

$30.83K

Total Cashflow From Investing Activities:

$-8,627,652

Net Income:

$-2,221,436

Total Cash From Operating Activities:

$-2,118,683

Other Cashflow From Investing Activities:

$-1,124,410

Change To Account Receivables:

$-391,749

Capital Expenditures:

$7.50M

LLO Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-2,221,436

Net Income:

$-2,221,436

Gross Profit:

$-60,115

Operating Income:

$-2,496,376

Total Revenue:

$0

Total Operating Expenses:

$2.50M

Cost Of Revenue:

$60.12K

LLO Balance Sheet

Balance Sheet Date:

2019-06-30

Total Liabilities:

$424.48K

Total Stockholder Equity:

$71.45M

Total Assets:

$71.88M

Common Stock:

$97.21M

Retained Earnings:

$-50,017,524

Other Liabilities:

$40.50K

Other Assets:

$3.03M

Cash:

$8.91M

Total Current Liabilities:

$383.99K

Property - Plant & Equipment:

$59.33M

Net Tangible Assets:

$71.45M

Total Current Assets:

$9.52M

Net Receivables:

$549.23K

Short-Term Investments:

$62.36M

Accounts Payable:

$106.74K

Non Currrent Assets (Other):

$27.53K

Short-Term Investments:

$62.36

Non Current Liabilities Total:

$40.50K

LLO Share Price History

LLO News

28 Jul, 2020
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES NORTH VANCOUVER, British Columbia, July 27, 2020 (GLOBE NEWSWIRE) -- Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has amended the terms of its previously announced bought deal private placement financing to increase the size of the offering to C$35 million (the “Upsized Offering”).Under the terms of the Upsized Offering, a syndicate of underwriters co-led by Haywood Securities Inc. and Echelon Wealth Partners Inc. and including Cormark Securities Inc., Eight Capital, and Laurentian Bank Securities Inc. (collectively, the "Underwriters"), have agreed to purchase, on a "bought deal" private placement basis, 20,590,000 units of the Company (the "Units") at a price of C$1.70 per Unit (the “Issue Price”), for total gross proceeds of C$35,003,000. Each Unit will consist of one common share (a “Common Share”) in the capital of the Company and one-half (1/2) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) of the Company. Each Warrant shall be exercisable to acquire one Common Share (a “Warrant Share”) at a price per Warrant Share of C$2.35 for a period of 12 months from the closing date of the Offering.             The Company has granted the Underwriters an option to purchase up to an additional 20% of the Upsized Offering in Units (the "Underwriters’ Option"), exercisable in whole or in part at any time up to 48 hours prior to the closing date.The net proceeds from the sale of the Units will be used for exploration and development of the Company’s Tuvatu Gold Project, as well as working capital and general corporate purposes.The Upsized Offering is expected to close on or about August 11, 2020 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The Units to be issued under the Upsized Offering will be subject to a hold period in Canada expiring four months and one day from the closing date of the Upsized Offering.In connection with the Upsized Offering, the Underwriters will receive a cash commission of 6.0% of the gross proceeds of the Upsized Offering and that number of non-transferable compensation options (the “Compensation Options”) as is equal to 6.0% of the aggregate number of Units sold under the Upsized Offering. Each Compensation Option is exercisable into one Common Share of the Company at the Issue Price for a period of 12 months from the closing date of the Upsized Offering.The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.About Lion One Metals LimitedLion One’s flagship asset is 100% owned high grade Tuvatu Gold Project, located in Navilawa Caldera, a 5 mile diameter alkaline gold system in Fiji. Lion One’s CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries.  As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.For further information Contact Investor Relations Toll Free (North America) Tel: 1-855-805-1250 Email: info@liononemetals.com  Website: www.liononemetals.comNeither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for 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 labour 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.
24 Jul, 2020
North Vancouver, British Columbia--(Newsfile Corp. - July 24, 2020) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that assays support that diamond drill hole TUDDH500 has intersected high-grade feeder style mineralization at its 100% controlled Tuvatu alkaline gold project, Fiji. Highlights:Two high-grade intervals were encountered between down hole depths of 558.0 and 583.4m including 2m grading 35.28 gpt Au starting at 558.0m ...
23 Jul, 2020
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES NORTH VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) -- Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and Echelon Wealth Partners Inc. as co-lead underwriters on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 11,765,000 units of the Company (the "Units") at a price of C$1.70 per Unit (the “Issue Price”), for total gross proceeds of C$20,000,500 (the "Offering"). Each Unit will consist of one common share (a “Common Share”) in the capital of the Company and one-half (1/2) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) of the Company. Each Warrant shall be exercisable to acquire one Common Share (a “Warrant Share”) at a price per Warrant Share of C$2.35 for a period of 12 months from the closing date of the Offering.             The Company has granted the Underwriters an option to purchase up to an additional 15% of the Offering in Units (the "Underwriters’ Option"), exercisable in whole or in part at any time up to 48 hours prior to the closing date.The net proceeds from the sale of the Units will be used for exploration and development of the Company’s Tuvatu Gold Project, as well as working capital and general corporate purposes.The Offering is expected to close on or about August 11, 2020 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities. The Units to be issued under the Offering will be subject to a hold period in Canada expiring four months and one day from the closing date of the Offering.In connection with the Offering, the Underwriters will receive a cash commission of 6.0% of the gross proceeds of the Offering and that number of non-transferable compensation options (the “Compensation Options”) as is equal to 6.0% of the aggregate number of Units sold under the Offering. Each Compensation Option is exercisable into one Common Share of the Company at the Issue Price for a period of 24 months from the closing date of the Offering.The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.About Lion One Metals LimitedLion One’s flagship asset is 100% owned high grade Tuvatu Gold Project, located in Navilawa Caldera, a 5 mile diameter alkaline gold system in Fiji. Lion One’s CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries.  As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders.For further information Contact Investor Relations Toll Free (North America) Tel: 1-855-805-1250 Email: info@liononemetals.com Website: www.liononemetals.comNeither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for 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 labour 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.
21 Jul, 2020
North Vancouver, British Columbia--(Newsfile Corp. - July 21, 2020) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce it has encountered visible gold in approximately 1 cm wide veins at a down hole depth of approximately 583 m in diamond drill hole TUDDH500 at its 100% controlled Tuvatu alkaline gold project, Fiji. Hole TUDDH500 is west oriented hole at an inclination of ...
20 Jul, 2020
North Vancouver, British Columbia--(Newsfile Corp. - July 20, 2020) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce discovery of Tuvatu style lodes at Banana Creek, approximately 3 km northeast of the Tuvatu resource. Banana Creek is a new, high-priority greenfields target situated within Lion One's recently granted Navilawa tenement, part of its 100% controlled Tuvatu alkaline gold project, Fiji. Drill rig ...
11 Jun, 2020
North Vancouver, British Columbia--(Newsfile Corp. - June 11, 2020) -  Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce its 2 diamond drill has commenced drilling at a newly defined high-grade target called Biliwi within the new Navilawa tenement. In a news release dated February 19th, 2020, Lion One discussed discovery of high-grade surface samples at Biliwi that included 60.4 g/t Au over 0.40 ...
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2020) - On national TV Sat. Jun 13 & Sun. Jun 14, 2020 - From mining to innovative tech, BTV-Business Television showcases companies for your watchlist. Cannot view this video? Visit:https://www.youtube.com/watch?v=vjaiD5KLUqkDiscover Companies to Invest InClick company name to watch their TV feature: CloudMD Software & Services Inc. (TSXV: DOC) - With virtual doctor visits becoming the new normal, BTV witnesses this company keeping on trend ...
03 Jun, 2020
North Vancouver, British Columbia--(Newsfile Corp. - June 3, 2020) -  Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce the appointment of Mr. David Tretbar, P.Geo, to the Company's Board of Directors. Mr. Tretbar is currently Vice President, Exploration and Mineral Resources of Denver-based Summit Mining International, a 100% owned subsidiary of Sumitomo Corporation of Japan, where he is responsible for developing exploration programs, ...
12 May, 2020
If you're interested in Lion One Metals Limited (CVE:LIO), then you might want to consider its beta (a measure of...
04 May, 2020
Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that Dr. Quinton Hennigh, Technical Advisor, will present live at VirtualInvestorConferences.com on May 6th.
30 Apr, 2020
North Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) -  Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") announces that three diamond drill rigs are being mobilized in preparation for the Company's aggressive 2020 dry season exploration campaign at Lion One's 100% controlled, fully permitted Tuvatu Alkaline Gold Project, Fiji. At least 10,000 meters of drilling is planned.Key Points:Three drill rigs to focus on exciting new targets, ...
19 Feb, 2020
North Vancouver, British Columbia--(Newsfile Corp. - February 19, 2020) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that that recent surface sampling at its new Navilawa exploration license, part of its 100% controlled Tuvatu alkaline gold project, Fiji, has returned high-grade gold assays (please refer to the table below for a summary of results). Prospecting has been geared to follow up on ...
05 Feb, 2020
North Vancouver, British Columbia--(Newsfile Corp. - February 5, 2020) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that a robust structural network has been revealed at the Company's 100% owned and fully permitted Tuvatu Alkaline Gold Project in Fiji. Controlled source audio magnetotelluric ("CSAMT") surveys conducted in late 2019 clearly show structural controls of known lode systems and reveal numerous new untested ...
22 Jan, 2020
North Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce the results of the first part of the second diamond drill hole completed into the "Tuvatu Deeps" area at the Company's 100% owned and fully permitted Tuvatu Alkaline Gold Project in Fiji. The Company previously announced (December 18th, 2019) the results of the first "Tuvatu ...
18 Dec, 2019
4.29 Meter Interval of 33.22 G/T Gold Intersected 70 Meters Below Current Resource North Vancouver, British Columbia--(Newsfile Corp. - December 18, 2019) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to report that it has encountered multiple high-grade gold intercepts in its first deep diamond drill hole at its 100% controlled and fully permitted Tuvatu Alkaline Gold Deposit, Fiji. Highlights:- ...
06 Dec, 2019
North Vancouver, British Columbia--(Newsfile Corp. - December 6, 2019) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement of units (the "Units"), including the exercise of the agents' over-allotment option in full, for gross proceeds of C$11,500,000 (the "Private Placement"). The Private Placement was completed on a best-effort agency basis through Echelon ...
14 Nov, 2019
North Vancouver, British Columbia--(Newsfile Corp. - November 14, 2019) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) (the "Company") is pleased to announce it has entered into an agreement with Echelon Wealth Partners Inc. and Eight Capital as co-lead agents and joint bookrunners on behalf of a syndicate of agents (together, the "Agents") whereby the Agents will sell on a commercially reasonable efforts private placement basis, up to 12,500,000 units of ...
07 Nov, 2019
North Vancouver, British Columbia--(Newsfile Corp. - November 7, 2019) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to provide an update on recent exploration progress at its 100% controlled Navilawa alkaline gold project in Fiji. Drilling Highlights:The first of a series of four deep diamond drill holes, TUDDH493 oriented eastward at an inclination of 55 degrees, is nearing its target depth of approximately 600 ...
01 Oct, 2019
Anyone researching Lion One Metals Limited (CVE:LIO) might want to consider the historical volatility of the share...
North Vancouver, British Columbia--(Newsfile Corp. - October 1, 2019) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce the start of its high-grade feeder diamond drill program at the Company's 100% owned and fully permitted Tuvatu Alkaline Gold Project in Fiji.The first drill hole, TD01, is an 800m long hole designed to target down dip extensions near the center of the current resource ...