January 15, 2020

Gold Lion Appoints Oliver Friesen as CEO and Corporate Secretary

Vancouver, British Columbia / January 15th, 2020Gold Lion Resources Inc. (“Gold Lion” or the “Company”) (CSE: GL) (FWB: 2BC) is pleased to announce that effective immediately, Mr. Oliver Friesen has been appointed CEO and Corporate Secretary of Gold Lion. Mr. Friesen has been active in the mineral exploration industry since 2009 and has worked on a number of precious and base metal projects throughout Nevada, British Columbia, Ontario, Newfoundland and Labrador and the Yukon Territory. He holds a B.Sc (Hons.) degree in geology from the University of British Columbia, as well as a M.Sc degree in geology from Simon Fraser University. Mr. Friesen currently serves as a director of another publicly traded mining company and brings with him over 10 years of project management and capital markets experience.

Oliver Friesen, newly appointed CEO and Corporate Secretary of Gold Lion stated: “I am ecstatic to be joining Gold Lion as CEO and Corporate Secretary and I look forward to leveraging my years of experience in the space to further advance the Companies initiatives to the benefit of all stakeholders. The Company is currently well-positioned as it is the 100% owner of the Fairview and Cuteye properties both located within stable mining jurisdictions of British Columbia and we look forward to getting our boots on the ground in the coming months. Additionally, we are currently evaluating additional precious metal properties that we feel would compliment our existing property portfolio of high-quality assets located in stable mining jurisdictions.”

About Gold Lion Resources Inc.

Gold Lion Resources Inc. is a mineral exploration company, actively involved in the exploration of the Fairview Copper-Gold project (the “Fairview Project”). The Fairview project is a 2574.3-hectare mineral property located in the Kamloops Mining District of British Columbia. For more information please visit: https://goldlionresources.com/.


Oliver Friesen
CEO and Director

T: (778) 772-1751

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Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. There are no assurances that the business plans for Gold Lion Resources described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which are available at www.sedar.com.