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ROAR.V ·

LION ROCK Appoints New President and Chief Executive Officer

Management Changes

LION ROCK RESOURCES INC.

200 Burrard Street, Suite 1680

Vancouver, BC, V6C 3L6

LION ROCK APPOINTS NEW PRESIDENT AND CHIEF EXECUTIVE OFFICER

Vancouver, British Columbia – May 9, 2023 – Lion Rock Resources Inc. (TSX-V: ROAR), (FSE:

KGB1) (the “Company”) is pleased to announce that R. Dale Ginn has been appointed President, Chief

Executive Officer and a director of the Company.

Mr. Ginn is an experienced mining executive and geol ogist with over 30 years of experience. He is

the founder of over ten exploration and mining comp anies and has led and participated in a variety

of gold and base metal discoveries, many of which have entered production. Mr. Ginn has led or

was part of the discovery teams for the Gladiator, Hinge, 007, 777, Trout Lake, Photo, Edleston

and Tartan Lake deposits. His contributions have led to a pproximately 10 m illion ounces in

resource generation as well as over C$500 millio n in capital raised for exploration and

development projects. His experience includes both senior and junior compan ies such as Goldcorp,

Harmony Gold, Hudbay, Westmin, San Gold, Bont erra, Gatling Exploratio n and others. Most

recently, Mr. Ginn led the discovery of the Bard well/Boomerang Nickel deposit near Timmins,

Ontario, for Aston Minerals.

Kevin Bottomley has resigned as President and Chief Executive Officer but will continue acting as

director of the Company.

The Company also advises that it will not be proceeding with the private placement announced on

March 9, 2023.

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.