(TheNewswire)
Vancouver, British Columbia / TheNewswire / May 13, 202 2 – Gold Lion Resources Inc. (“ GoldLion ” or the “ Company ”)( CSE:GL) (OTC:GLIOF)(FWB:2BC) is pleased to announce that it hasappointed Mr. Guy Bourgeois as Chief Executive Officer, interim ChiefFinancial Officer and Corporate Secretary, effective immediately. Inconnection with Mr. Bourgeois’ officer appointments, the Company hasgranted him 750,000 stock options which will allow him to purchase upto 750,000 common shares of the Company with an exercise price of$0.05 per share, expiring five years from issuance. The options vestquarterly over a period of one year.
Gold Lion is also pleased to announce that it hasappointed Mr. David Beck to the board of directors, effectiveimmediately.
Mr. Beck has over 30-years of financial, businessoperations, and capital markets experience, having worked in a C-levelcapacity with national financial institutions in various capacities asa financial analyst, institutional and proprietary trader, and ininvestment banking. Initially, Mr. Beck leveraged his background inengineering to focus on a career in management consulting. Afterseveral years, he moved to the capital markets industry as atechnology research analyst. He subsequently complemented thisexperience through work as an investment banker and proprietarytrader. During his career, he established himself as a domain expertin analytics largely through his work as a top ranked technologyresearch analyst in both New York and Toronto. David's securityexpertise has been developed through work with, and investment inthree security software start-up companies, which included Cloakware(acquired by Irdeto) and Assurent Secure Technologies (acquired byTELUS). Mr. Beck holds an MBA from the Ivey Business School,University of Western Ontario and a B.Sc. (Engineering Physics) fromQueens University.
The director and officer appointments follow Mr.Borzooyeh Zare’s resignation from the board of directors, as well asinterim Chief Executive Officer, Chief Financial Officer and CorporateSecretary of the Company. The Company wishes to thank Mr. Zare for hismany contributions to the Company and wishes him well with his futureendeavours.
About Gold Lion Resources Inc.
Gold Lion Resources Inc. is a mineral explorationcompany actively involved in the exploration of its precious metalfocused portfolio including the Cuteye and Fairview Properties locatedin Idaho and British Columbia. For more information please visit: https://goldlionresources.com/ .
ON BEHALF OF THE BOARD OF DIRECTORS
Guy Bourgeois, Chief Executive Officer
T: 604-687-2038
The CSE and Information Service Provider have notreviewed and does not accept responsibility for the accuracy oradequacy of this release.
Except for statements of historicfact, this news release contains certain "forward-lookinginformation" within the meaning of applicable securities law.Forward-looking information is frequently characterized by words suchas "plan", "expect", "project","intend", "believe", "anticipate","estimate" and other similar words, or statements thatcertain events or conditions "may" or "will"occur. Forward-looking statements are based on the opinions andestimates at the date the statements are made, and are subject to avariety of risks and uncertainties and other factors that could causeactual events or results to differ materially from those anticipatedin the forward-looking statements including, but not limited to delaysor uncertainties with regulatory approvals, including that of the CSE.There are uncertainties inherent in forward-looking information,including factors beyond the Company’s control. There are noassurances that the businessplans for Gold Lion Resources described in this news release will comeinto effect on the terms or time frame described herein. The Companyundertakes no obligation to update forward-looking information ifcircumstances or management's estimates or opinions should changeexcept as required by law. The reader is cautioned not to place unduereliance on forward-looking statements. Additional informationidentifying risks and uncertainties that could affect financialresults is contained in the Company’s filings with Canadiansecurities regulators, which are available at www.sedar.com .
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