Subject: Lion Rock Resources Inc.
Word Document
File: '\\swfile\EmailIn\20250516 153044 Attachment 2025-05-16 ROAR NR Think Ink and SOs.docx'
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
LION ROCK RESOURCES GRANTS STOCK OPTIONS AND ENTERS INTO MARKETING AGREEMENT
Vancouver, British Columbia - May 16, 2025 - Lion Rock Resources Inc. (TSX-V: ROAR), (FSE: KGB, OTCPK: LRRIF) (the "Company") announces that a total of 1,000,000 incentive stock options have been granted to directors, officers and consultants of the Company pursuant to the Company's stock option plan. The options are exercisable for a period of three years at a price of $0.31 per share and shall vest immediately.
The Company also announces that it has entered into a public relations services agreement (the "Agreement") with Think Ink Marketing Data and Email Services Inc. ("Think Ink"), of Santa Ana, California. Think Ink will provide marketing and public relations services, including facilitating the creation and distribution of marketing materials and paid advertisements. The term of the Agreement is for three months, for a total fee of US$50,000, to be paid in three installments: US$20,000 on signing, US$15,000 after 30 days and US$15,000 after 60 days. Think Ink does not hold any interest (directly or indirectly) in the Company. Think Ink is at arm's length to the Company and has no relationship with the Company outside of the Agreement.
About Lion Rock Resources Inc.
Lion Rock Resources Inc. is a Canadian mineral exploration company committed to advancing high-grade gold and lithium projects across North America. The Company's flagship asset, the Volney Project, is located in South Dakota's Black Hills, a mining-friendly jurisdiction surrounded by active gold operations. The Volney Project hosts high-grade gold, lithium and tin mineralization. The Company is led by an award-winning team with a proven track record of mineral discoveries, project development, and financing.
On Behalf of the Board
R. Dale Ginn, President & Chief Executive Officer
O: 604-678-5308
E: dale@rsdcapital.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", "potential", "indicative" and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Such forward-looking information is based on the current expectations of management of the Company. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of risks and uncertainties, including without limitation risks and uncertainties inherent in the exploration and development of mineral properties, fluctuations in commodity prices, counterparty risk, market conditions, regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. In making the forward-looking statements in this press release, the Company has applied several material assumptions. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
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