Lion One Announces Changes to the Board of Directors
Lion One Announces Changes to the Board of
Directors
North Vancouver, British Columbia--(Newsfile Corp. - July 10, 2025) -
Lion One Metals Limited
(TSXV:
LIO) (OTCQX: LOMLF)
("Lion One" or the "Company
") announces today that Casey Spreeuw has
stepped down from the Company's Board of Directors for personal reasons, and Tayfun Eldem has
been appointed as an Independent Director of the Company.
Lion One Chairman Walter Berukoff wishes to thank Mr. Spreeuw for his contributions and welcomes Mr.
Eldem to the Board of Directors.
Tayfun Eldem, P. Eng.
Mr. Eldem is an accomplished mining executive with over 35 years of operations and project
development experience. Mr. Eldem's previous roles include Chief Operating Officer and Group EVP at
Baffinland Iron Mines (2020-2025), President and CEO at Alderon Iron Ore Corp. (2011-2015, 2018-
2020) and Managing Director and Associate at Hatch Ltd. (2015-2018). Prior experience also includes
over 20 years working for the Iron Ore Company of Canada (IOC), a Rio Tinto subsidiary, in various
senior roles including Chief Operating Officer, Vice President, Expansion Projects & Engineering, and
General Manager of Processing Operations.
As COO Mr. Eldem was accountable for all of IOC's
operations from the mine through the processing plants to rail and port and oversaw the development
and delivery of a nearly $2.0 billion program of green and brown fields expansion projects. Mr. Eldem is
currently lead director at Mason Resources.
A graduate of Dalhousie University Mr. Eldem is a professional engineer and has completed the
Operations Management Program at the Richard Ivey School of Business and the Strategic Leadership
Program at London Business School.
About Lion One Metals Limited
Lion One Metals is an emerging Canadian gold producer headquartered in North Vancouver BC, with
new operations established in late 2023 at its 100% owned Tuvatu Alkaline Gold Project in Fiji. The
Tuvatu project comprises the high-grade Tuvatu Alkaline Gold Deposit, the Underground Gold Mine, the
Pilot Plant, and the Assay Lab. The Company also has an extensive exploration license covering the
entire Navilawa Caldera, which is host to multiple mineralized zones and highly prospective exploration
targets.
On behalf of the Board of Directors,
Walter Berukoff, Chairman
Contact Information
Email:
Phone: 1-855-805-1250 (toll free North America)
Website:
www.liononemetals.com
Neither the TSX-V nor its Regulation Service Provider accepts responsibility or 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 labor 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.
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