Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company")
announces that the Company is proposing to undertake a consolidation (the
"Consolidation") of its share capital on the basis of up to four (4) old common
shares for one (1) new common share. The proposed Consolidation was approved by
the Company's shareholders at the annual meeting held on July 11, 2013, and is
subject to the approval of the TSX Venture Exchange.


As of the date hereof, the Company has 28,147,826 common shares issued and
outstanding. After giving effect to the Consolidation, the Company would have
approximately 7,036,956 common shares issued and outstanding. The Company does
not propose to change the name of the Company in conjunction with the
Consolidation. A detailed press release will be issued with respect to the
Consolidation upon its completion.


Sincerely on behalf of the Board of Directors, 

Arni Johannson, CEO & Chair

Lions Gate Metals Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


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

Lions Gate Metals Inc. (TSXV:LGM)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Lions Gate Metals Inc. Charts.
Lions Gate Metals Inc. (TSXV:LGM)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Lions Gate Metals Inc. Charts.