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ROAR.V ·

LION ROCK Appoints New Director

Management Changes

LION ROCK RESOURCES INC.

200 Burrard Street, Suite 1680

Vancouver, BC, V6C 3L6

LION ROCK APPOINTS NEW DIRECTOR

Vancouver, British Columbia – October 20, 2023 – Lion Rock Resources Inc. (TSX-V: ROAR),

(FSE: KGB1) (the “Company”) is pleased to announce that Richard Boulay has been appointed a

director of the Company.

Mr. Boulay is a geologist with over 40 years of experience in the exploration and mining

industries in Canada and internationally, including 15 years of mining and infrastructure

financing experience gained with Bank of Montreal, Royal Bank of Canada and Bank of Tokyo.

During Mr. Boulay’s project financing career, he arranged the financing of numerous

underground and open pit mining projects, hydro and diversion dams, nuclear reactors, pipelines

and offshore oil exploration and production platforms. He has extensive experience in the

management and financing of public companies in Canada and the United States.

Nathan Tribble has resigned as director of the Company. The Company thanks Mr. Tribble and wishes

him well in his future endeavours.

About Lion Rock Resources Inc.

Lion Rock Resources is northwestern Ontario's newest gold ‐copper explorer. The Company’s flagship

property, the Maybrun, is a past ‐producing mine (Maybrun gold ‐copper deposit) that was placed on care

and maintenance in 1974 for several years prior to an exploration program conducted by Opawica

Explorations Inc. in 2005. The Maybrun project is lo cated in the Atikwa Lake area of the Kenora Mining

Division, approximately 80 kilometres southeast of Kenora, in northwestern Ontario.

On Behalf of the Board

R. Dale Ginn, President & Chief Executive Officer

O: 604-678-5308

E: [email protected]

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.