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LGM Lions Gate Metals Inc.

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Share Name Share Symbol Market Type
Lions Gate Metals Inc. TSXV:LGM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Lions Gate Metals Inc. Announces Director and Management Changes

14/09/2012 12:17am

Marketwired Canada


Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") today
announces a number of changes to its senior management and board of directors:




--  Paul Sarjeant has been appointed Chief Operating Officer from the
    position of President and Chief Executive Officer;

--  Company Chairman, Arni Johannson, will assume the role of Interim
    President and Chief Executive Officer;

--  David McAdam has been appointed Chief Financial Officer of the Company;

--  Michael Sweatman has stepped down as the Chief Financial Officer, but
    will remain a director of the Company;

--  Andrew Gourlay has ceased to act as the Company's VP of Exploration; and

--  Gordon Keevil has resigned from the Company's Board of Directors.



The Board of Directors would like to thank Gordon Keevil for his input and
service to the Company. "A number of changes to the team today reflect current
market conditions, and the one common thread amongst all directors and
management is the belief in our assets and maintaining the capital structure. We
will continue to advance and add value to our properties this fall and winter
through drilling, as we fully recognize that drill data is the best way to
enhance enterprise value," stated Arni Johannson, Interim President and CEO.


About Lions Gate Metals

Lions Gate Metals Inc. is a Canadian based, junior resource company focused on
the exploration, development, and acquisition of copper and copper-focused
multi-mineral projects. The Company boasts one of the largest consolidated
property portfolios of any Canadian junior resource company, including the
77,705 hectare Poplar copper-gold-silver porphyry property located 35km
northeast of the operating Huckleberry Mine. (proven/probable 39.7 million
tonnes grading 0.343% copper: aggregate production to Dec 31, 2010 approximately
870.0 million pounds copper, 8.0 million pounds molybdenum, 105,000 ounces gold
and 3.4 million ounces silver) in west-central British Columbia, and the 6,900
hectare ROK-Coyote copper-gold porphyry property contiguous with Imperial
Metals' Red Chris copper-gold project in northwestern British Columbia. Poplar
and ROK-Coyote are the primary focus of the 2012 Exploration Program.


For further information on the Company and its projects please visit the web
site at www.lionsgatemetals.com.


Forward-Looking Statements

Statements in this release that are forward-looking statements, including
statements subject to various risks and uncertainties concerning the specific
factors identified in the Company's periodic filings with Canadian Securities
Regulators. These factors include the inherent risks involved in the exploration
and development of mineral properties, the uncertainties involved in
interpreting drill results and other exploration data, the potential for delays
in exploration or development activities, the geology, grade and continuity of
mineral deposits, the possibility that future exploration, development or mining
results will not be consistent with the Company's expectations, accidents,
equipment breakdowns, title matters, labor disputes or other unanticipated
difficulties with or interruptions in production and operations, fluctuating
metal prices, the possibility of project cost overruns or unanticipated costs
and expenses, uncertainties relating to the availability and costs of financing
needed in the future, the inherent uncertainty of production and cost estimates
and the potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, regulatory restrictions, including
environmental regulatory restrictions and liability, competition, loss of key
employees, legal, political or environmental factors that may influence future
events or conditions, and other related risks and uncertainties. The Company
undertakes no obligation to update forward-looking information except as
required by applicable law. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results may vary
materially. Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information.


1 Year Lions Gate Metals Inc. Chart

1 Year Lions Gate Metals Inc. Chart

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1 Month Lions Gate Metals Inc. Chart