Lion One Appoints Jeffrey Edelen as Vice President Corporate Development, Grants Options
InvestorSarfari Comments:
Could September be a significant month for Lion One Metals? After all, with two big events bagged this month, and current NR published a couple of days ago (on Saturday), one would expect something substantial is underway.
Saturday night News Releases (on a long weekend in North America no less) is rather odd publication time for a company. Our curiosity is peaked. Usually this underhanded technique is reserved for news that is more on the negative side that best be “buried” to go unnoticed. But in this case, it comes across intriguingly. With the thought of backyard Labor Day BBQ’s briefly put on pause, we ask, Who is this Mr. Jeffrey Edelen?
Lion One already has some of the world’s best geologists and mining experts such as Quniton Hennigh, Sergio Cattalani and Pat Hickey. So why the addition now?
The one statement that sticks out from this NR is the quote: “Jeffrey has extensive experience in royalty generation and evaluation, strategic investments, and value creation throughout the broader industry of economic geology. As the Manager of Project Marketing at EMX, Jeff developed an excellent reputation within an extensive network of decision makers world-wide.“ This indicates a good track record.
At this point, with two events scheduled later this month, we speculate that something significant may be in the works. What could that be? The quote gives some clues: a steaming deal? a strategic investor? We can even guess on the possibility of an all-out buy.
The stock price is stuck in a narrow range. With drills continuously turning, if another good discovery (or two) happens, someone, somewhere, will jump on this - it’s only a matter of time.
A reminder that in March, Eric Jenson the GM of EMX royalty was in Fiji visiting Lion One (video here). Something is up. Interesting times ahead.
North Vancouver, British Columbia--(Newsfile Corp. - September 3, 2022) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce the appointment of Mr. Jeffrey Edelen as the Company's new Vice-President, Corporate Development.
Mr. Jeffrey Edelen has 16 years of experience as an economic geologist focusing on prospect generation, royalty evaluation, and project development. He started his career with Midway Gold Corp. and continued work at the Spring Valley deposit with the Midway-Barrick Gold Corporation JV through 2009. He subsequently researched gold systems at the Colorado School of Mines and later added seven years of experience in senior roles with companies such as Full Metal Minerals, Esperanza Silver, Revolution Resources, and Osisko Mining before joining EMX Royalty Corp. (EMX) in 2014. As a Senior Geologist at EMX he helped develop world-class portfolios in multiple jurisdictions for gold, copper, base metal, and battery metal assets. In addition to prospect generation, Jeffrey has extensive experience in royalty generation and evaluation, strategic investments, and value creation throughout the broader industry of economic geology. As the Manager of Project Marketing at EMX, Jeff developed an excellent reputation within an extensive network of decision makers world-wide. Having been exposed to multiple facets of this industry, Jeff will be an excellent addition to an impressive team at Lion One Metals.
Lion One CEO, Walter Berukoff, commented, "Mr. Edelen has expertise in generative exploration and project development with both major mining and junior exploration companies. His geological experience includes excellent knowledge of alkaline gold systems, and his business acumen will be of great value to Lion One."
Mr. Edelen holds undergraduate degrees in Spanish Language and Physical Geology from the University of Idaho (2005), and a Master's degree in Economic Geology from the Colorado School of Mines.
Grant of Stock Options: The Company also advises that an aggregate of 4,540,000 stock options have been granted to various directors, officers, employees, and consultants of the Company, subject to TSX-V approval. The options are exercisable into common shares of the Company at a price of $1.25 per share, expiring five years from the date of grant, on September 3, 2027. One third of the options will vest upon grant, with one third vesting annually thereafter until fully vested.
On behalf of the Board of Directors of
Lion One Metals Limited"Walter Berukoff"
Chairman and CEO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/135930