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Gold Lion appoints Friesen as CEO, Corporate Secretary

Management Changes

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

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

GOLD LION RESOURCES INC.

NEWS RELEASE

Gold Lion Appoints Oliver Friesen as CEO and Corporate Secretary

Vancouver, British Columbia / January 15th, 2020 – Gold Lion Resources Inc. (“Gold Lion” or the

“Company”) ( CSE: GL) (FWB: 2BC) is pleased to announce that effective immediately, Mr. Oliver

Friesen has been appointed CEO and Corporate Secretary of Gold Lion. Mr. Friesen has been active in

the mineral exploration industry since 2009 and has worked on a number of precious and base metal

projects throughout Nevada, British Columbia, Ontario, Newfoundland and Labrador and the Yukon

Territory. He holds a B.Sc (Hons.) degree in geology from the Uni versity of British Columbia, as well as

a M.Sc degree in geology from Simon Fras er University. Mr. Friesen currently serves as a director of

another publicly traded mining company and brings with him over 10 years of project management and

capital markets experience.

Oliver Friesen, newly appointed CEO and Corporate Secretary of Gold Lion stated: “I am excited to join

the Gold Lion team as CEO and Corporate Secretary and I look forward to helping the Company advance

its 100% owned Fairview and Cuteye properties located within British Columbia. In addition, we are

currently evaluating precious metal properties throughout the Americas, focusing on assets that we feel

would compliment our existing property portfolio of high -quality assets located in stable mining

jurisdictions.”

About Gold Lion Resources Inc.

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

100% owned Fairview Copper-Silver-Zinc, and Cuteye Au -Ag-Cu properties. The Fairview Property is

a 2574-hectare mineral p roperty located in the Kamloops Mining District of British Columbia, and the

Cuteye Property is a combined 3,152-hectare land package located in BC’s Golden Triangle District . For

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

ON BEHALF OF THE BOARD OF DIRECTORS

Oliver Friesen

Director

T: (778) 772-1751

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

2

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 su bject

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 ap provals, 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.