Business
Lion One Announces Strategic Investment by Arete Capital
North Vancouver, British Columbia--(Newsfile Corp. - December 30, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is...
About this update from Lion One Metals Limited
[{"type":"text","content":"North Vancouver, British Columbia--(Newsfile Corp. - December 30, 2025) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) ("Lion One" or the "Company") is pleased to announce that it has entered into a subscription agreement with Arete Capital Advisory Pty Ltd (the "Subscriber"), a specialist mining investment syndicate advised and managed by Arete Capital Advisors ("Arete") pursuant to which the Subscriber has agreed to acquire, on a non-brokered private placement basis, 44,264,800 units at a price of $0.34 per unit (the "Issue Price") for gross proceeds to the Company of $15,050,032 (the "Offering"), with each unit consisting of one common share (the "Common Shares") and one common share purchase warrant (the "Warrants"). Each Warrant will enable the Subscriber to acquire one Common Share at a price of $0.39 for a period of three years following the closing of the Offering. The Common Shares being purchased will represent 9.9% of the Company's outstanding shares on a pro forma basis, not giving effect to the exercise of the Warrants. The Issue Price represents a premium of 16.4% to the trailing 20-day volume weighted average price of the Company on the TSX Venture Exchange (the "Exchange") as of today's date.","length":1331,"tagName":"p"},{"type":"text","content":"The Offering is part of a broader strategic partnership between the Company and Arete. Upon closing of the Offering, the Company and the Subscriber will enter into an investor rights agreement (the "Investor Rights Agreement") and a master services agreement (the "MSA"). Pursuant to the Investor Rights Agreement, provided the Subscriber maintains a 9.9% equity interest in the Company, it will be entitled to nominate one director to the Company's board of directors and to customary anti-dilution and participation rights to maintain its equity interest in the Company and to participate in future equity financings. Pursuant to the MSA, Arete will provide management services for the operation of the Tuvatu Gold Mine in Fiji and will become the operator of the project subject to the oversight of the board of directors of the Company. The MSA will have an initial term of five years, subject to extension as agreed by the parties. Arete will be entitle...