LION ROCK Appoints Executive Chairman and Independent Director
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LION ROCK APPOINTS EXECUTIVE CHAIRMAN AND INDEPENDENT DIRECTOR
Vancouver, British Columbia – May 8, 2025 – Lion Rock Resources Inc. (TSX-V: ROAR), (FSE:
KGB1; OTCPK: LRRIF) (the “Company ” or “ Lion Rock ”) is pleased to announce Board of Director
appointments of two seasoned mining executives. Nav Dhaliwal, a capital markets expert with more than
20 years of success in leading and advising mining companies, has joined the Company as Executive
Chairman and director. Additionally, Laurence Farmer, who currently serves as General Counsel and Vice
President of Strategic Development, for Osisko Development Corp., joins as Lion Rock’s new, independent
director, replacing Nicholas Rodway who has resigned as a director of the Company.
Nav Dhaliwal, Executive Chairman and Director of Lion Rock, stated, “I’m excited to be joining Lion Rock
at such an important time for the Company and for the critical minerals sector. Volney is a multi-commodity,
critical minerals project in South Dakota with comp rehensive historic sampling showing high-grade
lithium, gold, and tin. Crucially, it is located en tirely on private land and has excellent access to
infrastructure – allowing for accelerated permittin g and year-round work programs. With the U.S. laser
focused on building its domestic critical minerals supply, our timing, our location, and our asset qua lity
couldn’ t be better. We have a team in place with deep technical and corporate development expertise. I am
pleased to be working with Dale and Laurence to tak e the Company to a new level and look forward to a
catalyst-filled rest of year.”
Dale Ginn, President and CEO of Lion Rock, commented, “I’m very pleased to welcome Mr. Dhaliwal and
Mr. Farmer to the Board. Both executives have long, successful track records in the mining sector and have
been instrumental in delivering considerable growth in shareholder value. Nav and I have built and
operated companies as a team for over a decade, and we look forward to Lion Rock’ s growth together. Mr.
Dhaliwal has funded and built a series of successfu l junior miners, most notably as the founding CEO o f
Bonterra Resources, which made the award-winning Gl adiator discovery. Mr. Farmer’ s experience is
equally impressive, particularly with corporate dev elopment in critical metals. His experience with th e
Osisko group of companies will undoubtably benefit us as Lion Rock matures from early-stage exploration
towards development.”
Nav Dhaliwal is a capital markets expert with 20+ y ears of maximizing shareholder value in the mining
sector. He has a top tier track record of identifying undervalued companies and facilitating growth through
improved market awareness, optimal financing, and a stute corporate leadership. Mr. Dhaliwal has built a
global financial network of institutional investors , family offices, analysts, brokers, and high net w orth
investors. He has long standing relationships with all major gold and energy metal funds and has raise d
over $500M for exploration and development companie s. Mr. Dhaliwal is currently president, CEO and
director, of Renegade Gold, as well as Executive Chairman of Badlands Resources, and director of Mason
Graphite.
Laurence Farmer is an experienced legal and financi al executive, and is currently serving as General
Counsel, Vice President of Strategic Development, and Corporate Secretary at Osisko Development Corp.
Mr. Farmer is the Co-Founder and Chief Executive Officer of Electric Elements Mining Corp., a privately-
held exploration company focused on precious and cr itical metals projects, spun out from Osisko
Development in November 2023. Additionally, he brings more than a decade of international experience
in mergers & acquisitions, corporate finance, and capital markets. Mr. Farmer’s career includes practicing
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
corporate law with Norton Rose Fulbright in Montreal and London, followed by investment banking with
RBC Capital Markets in London. Throughout his distinguished career in the mining sector, he has played
key roles in developing, structuring, and closing transactions exceeding US$20 billion in aggregate value.
He holds dual Bachelor of Civil Law and Juris Doctor (B.C.L./J.D.) degrees from McGill University and is
a member of the Québec Bar.
The Company thanks Mr. Rodway for his many years of service and wishes him well in his future
endeavours.
About Lion Rock Resources Inc.
Lion Rock Resources Inc. is a Canadian mineral exploration company committed to advancing high-grade
gold and lithium projects across North America. The Company’s flagship asset, the Volney Project, is
located in South Dakota’s Black Hills, a mining-friendly jurisdiction surrounded by active gold operations.
The Volney Project hosts high-grade gold, lithium and tin mineralization, with historic drill results showing
gold grades of up to 18.2 g/t, lithium concentratio ns as high as 5.3% Li2O, and tin grades up to 2.5% Sn.
The Company is led by an award-winning team with a proven track record of mineral discoveries, project
development, and financing.
On Behalf of the Board
R. Dale Ginn, President & Chief Executive Officer
O: 604-678-5308
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release m ay constitute “forward-looking information” within the meaning
of Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words
such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, “potential”, “i ndicative”
and similar expressions. Forward-looking informatio n involves known and unknown risks, uncertainties a nd other
factors that may cause actual results or events to differ materially from those anticipated in such fo rward-looking
information. Such forward-looking information is ba sed on the current expectations of management of th e Company.
The Company’ s actual results could differ materially from those anticipated in this forward-looking in formation as a
result of risks and uncertainties, including withou t limitation, risks and uncertainties inherent in t he exploration and
development of mineral properties, fluctuations in commodity prices, counterparty risk, market conditions, regulatory
decisions, competitive factors in the industries in which the Company operates, prevailing economic co nditions,
changes to the Company’ s strategic growth plans, an d other factors, many of which are beyond the contr ol of the
Company. The Company believes that the expectations reflected in the forward-looking information are r easonable,
but no assurance can be given that these expectatio ns will prove to be correct and such forward-looking information
should not be unduly relied upon. In making the for ward-looking statements in this press release, the Company has
applied several material assumptions. Any forward-looking information contained in this news release represents the
Company’ s expectations as of the date hereof and is subject to change after such date. The Company dis claims any
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intention or obligation to update or revise any for ward-looking information whether as a result of new information,
future events or otherwise, except as required by applicable securities legislation.