LGM Lions Gate Metals Inc.

Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") is
pleased to provide the following corporate update:


Line of Credit Facility

Lions Gate has arranged a line of credit facility with 0932879 BC Ltd. ("BC
Co."), a company with a director in common with Lions Gate Metals Inc. Pursuant
to the terms of the agreement, BC Co. will provide the Company with up to one
hundred thousand dollars ($100,000.00) at an interest rate equal to prime plus
9% and will issue a one-time bonus of one hundred and fifty thousand (150,000)
common shares of Lions Gate Metals Inc. This loan will become fully due and
payable by October 1st, 2013.


Funding will be used for general working capital and to service current
payables. The line of credit facility and bonus shares are subject to receipt of
regulatory approval.


Additionally management would also like to announce that despite its firm belief
in its Hudson Bay Project and Kelly Creek property regretfully the decision has
been made to release both these projects.


"Given the current status of the junior exploration market we need to stay
aligned with our goal of maintaining our capital structure and reducing cost.
The grass roots nature of both these projects, no matter how much blue sky we
feel they represent, no longer fit our risk profile. As we support the option
agreement recently announced on our Poplar Project we will seek new
opportunities that are more in line with the current environment" comments CEO &
Chair Arni Johannson.


About Lions Gate Metals 

Lions Gate is a public Canadian based, junior resource company focused on the
exploration, development, and acquisition of both advanced and early stage
mineral projects. 


Sincerely on behalf of the Board of Directors, 

Arni Johannson, Chairman and Interim President and CEO

Lions Gate Metals Inc.

THIS PRESS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS OR INFORMATION. ALL
STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT INCLUDED IN THIS RELEASE,
INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING FUTURE PLANS AND OBJECTIVES
OF THE COMPANY ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS RISKS AND
UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE
ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE
ANTICIPATED IN SUCH STATEMENTS. IMPORTANT FACTORS THAT COULD CAUSE ACTUAL
RESULTS TO DIFFER MATERIALLY FROM THE COMPANY'S PLANS OR EXPECTATIONS INCLUDE
AVAILABILITY OF CAPITAL AND FINANCING IN CONNECTION WITH THE COMPANY'S PROPOSED
PRIVATE PLACEMENT, GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS, REGULATORY
CHANGES, TIMELINES OF GOVERNMENT OR REGULATORY APPROVALS AND OTHER RISKS
DETAILED HEREIN AND FROM TIME TO TIME IN THE FILINGS MADE BY THE COMPANY.
ACCORDINGLY, READERS ARE ADVISED NOT TO PLACE UNDUE RELIANCE ON FORWARD-LOOKING
STATEMENTS OR INFORMATION.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lions Gate Metals Inc.
Blair McIntyre
Exec VP
(778) 837-6812

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