Welcome to our dedicated page for Lion One Metals news (Ticker: LOMLF), a resource for investors and traders seeking the latest updates and insights on Lion One Metals stock.
Lion One Metals Limited reports operational, technical, governance and financing developments tied to its 100%-owned Tuvatu Gold Mine and Tuvatu Alkaline Gold Project in Fiji. Company updates commonly address production ramp-up work, flotation plant commissioning, underground development, mining-method selection, drilling and sampling controls, equipment availability, site power reliability and water-management systems.
News also covers corporate matters such as leadership changes, special committee activity, shareholder meeting requests, private-placement financing, strategic partnership decisions and senior debt considerations. Environmental and regulatory themes include tailings storage water management, process-water discharge risk and permitting-related operating constraints at Tuvatu.
Lion One (OTCQX: LOMLF) appointed Eric Setchell as Director of Operations and provided an operations update for the Tuvatu gold mine.
Under Mr Setchell (Jul–Dec 2025) Tuvatu achieved consecutive quarters >4,000 oz and average head grades >5 g/t, including a record quarter of 4,383 oz (Dec 31, 2025). Arete Capital assumed control on Jan 10, 2026; preliminary Mar 31, 2026 production fell to 2,726 oz.
Lion One Metals (OTCQX: LOMLF) terminated its previously announced Subscription Agreement with Arete Capital Advisory and will not proceed with the planned strategic partnership. No securities were issued and no Master Service Agreement or Investor Rights Agreement were entered into. Concurrently, CEO Campbell Olsen has left effective immediately.
Tony Young, CFO for eight years, is appointed Interim CEO and Zamand Shokri, corporate controller for six years, is appointed Interim CFO. Both appointments are effective immediately and are described as providing continuity for Tuvatu operations during the CEO transition.
Lion One (OTCQX: LOMLF) provided a March 2026 operational update for its 100% owned Tuvatu gold mine, reporting an average mill feed grade ~4.97 g/t Au versus a 4.65 g/t budget and Week 12 gold recovery of 306 oz (308 oz budget).
The company is prioritising equipment and power reliability, commissioning new boggers, refurbishing generators, upgrading HV and solar metering, and targeting a ~$6.5M TSF Stage 2B contract in April 2026.
Lion One Metals (OTCQX: LOMLF) announced that a newly formed independent Special Committee has determined the shareholder Request dated March 9, 2026 is not a valid requisition and cannot be acted on.
The company said it will not call a shareholder meeting in response, and the Special Committee will oversee a strategic review to identify and consider alternatives to maximize shareholder value while engaging with shareholders.
Lion One (OTCQX: LOMLF) clarifies it has not abandoned shrinkage stoping at the 100%‑owned Tuvatu gold project. The company completed a first shrinkage stope producing 5,704 tonnes at 10.60 g/t (Q3 2025), developed a larger second stope, and is designing a third.
Multiple mining methods will be used as dictated by deposit geometry, geotechnical conditions and grade distribution; Arete Capital provided a $15M strategic investment and management support.
Lion One Metals (OTCQX: LOMLF) completed commissioning of a new flotation plant at its 100%‑owned Tuvatu alkaline gold project in Fiji on March 23, 2026. The plant is operating and the company has entered a planned ramp‑up phase to build operator capability, optimise chemistry, and increase throughput.
Management warns recovery and throughput will improve progressively over a ramp‑up lasting months and will report progress regularly.
Lion One Metals (OTCQX: LOMLF) received conditional TSXV approval for a non-brokered private placement with Arete Capital, with closing anticipated March 27, 2026.
Arete subscribed for 44,264,800 units at C$0.34 for gross proceeds of C$15,050,032; each unit includes one share and one warrant exercisable at C$0.39 for three years. Proceeds are designated for Tuvatu Project throughput, flotation, underground development and working capital ahead of senior debt maturing August 2026.
Lion One (OTCQX: LOMLF) approved a US$1.14 million investment to procure and install an evaporator system at the 100%‑owned Tuvatu gold project in Fiji.
The evaporator will permanently eliminate river discharge risk, is funded, and is expected to be operational by late April–early May 2026.
Lion One Metals (OTCQX: LOMLF) reports a major upgrade to drilling at the Tuvatu gold mine (16 March 2026). One new surface EDR450 rig is on site and the company is finalizing acquisition of four high-performance underground-capable rigs to target 25+ metres per rig shift, up from <10 m baseline. Spare parts on consignment and one convertible diesel rig will support flexibility and uptime. Current fleet improvements have already increased metres per shift to 12–18 m.
Lion One (OTCQX: LOMLF) provided a CEO update and Tuvatu operations summary for February 2026. Key metrics: February gold poured 813 oz (net 804 oz), YTD 9,180 oz, mill processed 10,267 t at 3.49 g/t with 77.3% recovery. Underground development was 120 m vs target 188 m. Drilling totaled 2,369 m with a highlight intercept of 5.15 m @ 9.18 g/t. Flotation plant commissioning near completion A$400,000 under budget; TSF Stage 2A finished Dec 2025 and Stage 2B engineering approved Feb 2026.