North Vancouver, British Columbia, June 3, 2026 – Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (“Lion One” or the “Company“) today announces that Mr. Walter Berukoff (Wally), the Company’s Founder, President, and Chairman of the Board, is retiring as Chairman and President of Lion One Metals and has resigned from the Board of Directors of the Company. Mr. Berukoff will retain the honorary title of Chairman Emeritus as part of his transition into an advisory role, enabling the Company to benefit from Mr Berukoff’s 40+ years of experience in the mining industry, as well as his 20+ years of experience working in Fiji and with local stakeholders.
Mr. Berukoff commented: “It has been the highlight of my career to found and lead Lion One Metals and to work alongside such a dedicated team in advancing the Tuvatu Gold Project from exploration through to production. I am incredibly proud of what we have accomplished together in Fiji and am grateful to our employees, shareholders, partners, and local communities for their support over the years.
I would also like to extend my heartfelt thanks to the people of Fiji. For more than two decades, I have had the privilege of working alongside Fijian communities, government partners, employees, and stakeholders, whose friendship, trust, and support have been instrumental to Lion One’s success. The relationships we have built and the trust that has been placed in Lion One mean a great deal to me personally, and the encouragement and partnership of the Fijian people has been the cornerstone to our success. While I am transitioning from my role as Chairman, my connection to Fiji and its people remains as strong as ever, and I look forward to continuing those relationships as Chairman Emeritus and strategic advisor to the Company. Fiji holds a special place in my heart, and I remain deeply grateful for the opportunity to contribute to the growth of its mining industry and to work alongside so many talented and remarkable people.”
