Lionsgold appoints Michael Corcoran to its Board as Non-Executive Director and interim Chairman

– UK, London – Lionsgold Limited (LSE:LION), the gold company focused on the exploration, production and retail application of physical gold, including the development of the gold currency Goldbloc, today announced the appointment of Michael Anthony Corcoran as Non-Executive Director and interim Chairman with immediate effect. Concurrently with Michael joining the board, David Price, Non-Executive Chairman, has stepped down from the Board to focus on his role as CEO of a seperate company.

Mr Corcoran, aged 37, is an experienced corporate lawyer, focused on the London Stock Exchange AIM Market and Standard List, who has been lead adviser on over 20 Initial Public Offerings and Reverse Takeovers and advised on secondary fundraisings of more than £500m in aggregate. His sectors of focus have been natural resources, life sciences and financial technology and he is experienced working in emerging markets. He was formerly a partner at Kerman & Co LLP and is currently engaged as a Consultant at Hill Dickinson LLP.

As Lionsgold continues to grow its business scope and operations over the coming months, it is anticipated that there will be further additions to the board, including the appointment of a permanent Non-Executive Chairman.

Lionsgold Chief Executive Officer, Cameron Parry, commented: “I am pleased to announce that Michael Corcoran has joined Lionsgold’s board as a Non-Executive Director and interim Chairman as part of a series of changes to the board and management as Lionsgold enters the next phase of its development. Michael is a highly experienced and commercially-minded corporate lawyer with extensive experience working with and advising quoted public companies operating in the financial technology and natural resources sectors and we are very pleased he has joined the Company at Board level. I would personally like to thank David Price for his efforts and input since joining Lionsgold’s board as Non-Executive Chairman in 2017 and on behalf of the Company wish him well with his other endeavours.”

About Lionsgold Limited

Lionsgold is a London Stock Exchange AIM market quoted, gold-focused company involved in the exploration, production and retail application of physical gold, with gold assets in India and Finland and a wholly owned financial technology company developing the digital gold currency, Goldbloc.

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