Lion One Metals Announces Resignation of Director, Grants Incentice Stock Options

Lion One Metals Limited (TSX VENTURE:LIO)(FRANKFURT:LY1)(OTCQX:LOMLF)(ASX:LLO)
("Lion One" or the "Company") announces the resignation of David Duval as a
Director of the Company, for personal reasons. The Company also announces it has
granted a total of 1,775,000 incentive stock options to officers, directors,
employees, and consultants. Subject to the approval of the TSX Venture Exchange,
each option is exercisable into one common share of the Company, for a period of
five years from the date of grant, at a price of $0.35 per share, vesting over a
period of three years from the date of grant. The total number of shares
currently issued and outstanding is 60,175,608, with a total of 4,240,000 option
issued, with no outstanding warrants, for a total of 64,415,608 shares fully
diluted.


"David Duval has served on the Lion One Board since 2009. We thank him for his
contributions and wish him well with his future endeavours," said Lion One
Chairman and C.E.O. Walter Berukoff. 


About Lion One Metals Limited

Lion One Metals Limited is a Canadian resource company focused on the
acquisition, exploration and development of mineral projects worldwide. The
Company's priority is the advancement of the Tuvatu Gold Project in Fiji, the
Olary Creek Iron Ore Project in South Australia, and additional
exploration-stage projects in Fiji, Australia, and Argentina.


On Behalf of the Board of Directors

Hamish Greig, VP, Director, Corporate Secretary

Lion One Metals Limited

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lion One Metals Limited
Investor Relations
604-998-1250
604-998-1253 (FAX)
[e-mail]
www.liononemetals.com