GOLD LION Announces Director Resignation

305-1770 Burrard St. Vancouver, British Columbia V6J 3G7

T: (778) 772-1751/ W: https://goldlionresources.com/

GOLD LION RESOURCES INC.

GOLD LION ANNOUNCES DIRECTOR RESIGNATION

NEWS RELEASE

Vancouver, British Columbia / May 7, 2021 – Gold Lion Resources Inc. (“Gold Lion” or the

“Company”) (CSE: GL) (OTC: GLIOF) (FWB: 2BC) announced that Mr. Douglas Meirelles

has resigned from the board of directors effective immediately.

Gold Lion would like to thank Mr. Meirelles for his contributions to the Company and wishes

him well with his current and future endeavors.

About Gold Lion Resources Inc.

Gold Lion Resources Inc. is a mineral exploration company actively involved in the exploration

of its precious metal focused portfolio including the South Orogrande, Erikson Ridge, Robber

Gulch, Cuteye and the Fairview Properties located in Idaho and British Columbia . For more

information please visit: https://goldlionresources.com/.

ON BEHALF OF THE BOARD OF DIRECTORS

Chris Paul

Chief Executive Officer

T: +1 (250) 717-3151

The CSE and Information Service Provider have not reviewed and does not accept responsibility

for the accuracy or adequacy of this release.

Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward- looking

information" within the meaning of applicable securities law. Forward- looking information is

frequently characterized by words such as "plan", "expect", "project", "intend", "believe",

"anticipate", "estimate" and other similar words, or statements that certain events or conditions

"may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the

date the statements are made, and are subject to a variety of risks and uncertainties and other

factors that could cause actual events or results to differ materially from those anticipated in the

forward-looking statements including, but not limited to delays or uncertainties with regulatory

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approvals, including that of the CSE. There are uncertainties inherent in forward- looking

information, including factors beyond the Company’s control. There are no assurances that the

business plans for Gold Lion Resources described in this news release will come into effect on the

terms or time frame described herein. The Company undertakes no obligation to update forward-

looking information if circumstances or management's estimates or opinions should change except

as required by law. The reader is cautione d not to place undue reliance on forward- looking

statements. Additional information identifying risks and uncertainties that could affect financial

results is contained in the Company’s filings with Canadian securities regulators, which are

available at www.sedar.com.