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Gold Lion Announces Börse Frankfurt Listing

Listings & Exchange

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 Lists Announces Börse Frankfurt Listing

Vancouver, British Columbia / December 16 th , 2019 – Gold Lion Resources Inc. (“ Gold Lion ” or the

“Company ”) (CSE: GL ) (FSE: 2BC ) is pleased to announce that effective December 16th , 2019, the

Company’s common shares will be listed on the Börse Frankfurt; quoted under the trading symbol

“2BC”.

Operated by Deutsche Börse AG, the Börse Frankfurt is one of the world's largest trading centers for

securities and the largest of the eight stock exchanges in Germany. Gold Lion’s Frankfurt listing is

expected to facilitate the process of trading in its shares by investors in Europe and internationally.

Oliver Friesen, Director of Gold Lion stated: "We are very pleased to have obtained a listing on the Börse

Frankfurt, affording our current and prospective shareholders pre-eminent trading liquidity, all while

contributing to a genuine global presence through improved accessibility for international capital flows.”

Gold Lion’s common shares continue to be listed on the Canadian Securities Exchange (the “CSE”) under

the trading symbol “GL”. The Company also reports that Nikolay Vassev has resigned as Chief Executive

Officer, Corporate Secretary and a Director of Gold Lion. The Company is actively evaluating potential

replacements.

About Gold Lion Resources Inc.

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

Fairview Copper-Silver-Zinc Property. The Fairview Property is a 2,574-hectare mineral property located

in the Kamloops Mining District of British Columbia. 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 r eviewed and does not accept responsibility for the

accuracy or adequacy of this release.

2

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 coul d 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 approvals, including that of the CSE . There are uncertainties inherent in

forward-looking information, including factors beyond the Company’s cont rol. 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 obl igation to update forward-looking

information if circumstances or management's estimates or opinions should change except as required by

law. The reader is cautioned not to place undue reliance on forward-looking s tatements. Additional

information identifying risks and uncertainties that could affect fi nancial results is contained in the

Company’s filings with Canadian securities regulators, which are available at www.sedar.com.