(TheNewswire)
V ancouver, British Columbia – TheNewswire - March 17, 2020 – Gold Lion Resources Inc. (“ Gold Lion ” or the“ Company ”) ( CSE:GL ) ( OTC:GLIOF ) ( FWB:2BC ) is pleased to announce theappointment of Mr. Shidan Gouran to its board of directors.Mr. Gouran is the founder of Gulf Pearl, a private merchant bankthat has provided advisory services to ventures in the mineralprocessing, natural capital, cleantech and e-waste miningindustries.
He was one of the earliest investors in the blockchain sector and aserial entrepreneur who cofounded ventures in the telecommunications,consumer electronics and esports industries, including:
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Nuovotel, the first Canadian CLEC to offer wholesale VoIP services inCanada;
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Jazinga, the developers of the only Skype approved businesscommunications solution sold through the official Skype Shop, prior toMicrosoft's acquisition of Skype;
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Home Jinni, the developers of a Smart TV solution that powered themajority of first-generation Android Smart TVs; and
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Gamesquare, a gaming venture which is now one of the leading Canadianpublic companies in the esports sector.
Mr. Gouran studied Pure Mathematics and Theoretical Physics at theUniversity of Western Ontario
The Company also announces that Mr. Christopher Paul has resigned asChief Executive Officer and Corporate Secretary and Mr. Oliver Friesenhas resigned as a director effective immediately. Gold Lion would liketo thank Messrs. Paul and Friesen for their contributions to theCompany and wishes them well with their future endeavors. Mr. BorzooZare will assume the role of interim Chief Executive Officer andCorporate Secretary while the Company seeks a suitable replacement.
About Gold Lion Resources Inc.
Gold Lion Resources Inc. is a mineral exploration company activelyinvolved in the exploration of its precious metal focused portfolioincluding the South Orogrande, Erikson Ridge, Robber Gulch, Cuteye andthe Fairview Properties located in Idaho and British Columbia. Formore information please visit: https://goldlionresources.com/.
ON BEHALF OF THE BOARD OF DIRECTORS
Borzoo Zare, interim Chief Executive Officer
T: 604-687-2038
The CSE and Information ServiceProvider have not reviewed and does not accept responsibility for the
accuracy or adequacy of thisrelease.
Forward-lookingInformation Cautionary Statement
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 that certain events or conditions"may" or "will" occur. Forward-looking statementsare based on the opinions and estimates at the date the statements aremade, and are subject to a variety of risks and uncertainties andother factors that could cause actual events or results to differmaterially from those anticipated in the forward-looking statementsincluding, but not limited to delays or uncertainties with regulatoryapprovals, including that of the CSE. There are uncertainties inherentin forward-looking information, including factors beyond theCompany’s control. There are no assurances that the business plansfor Gold Lion Resources described in this news release will come intoeffect 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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