Lion One Metals, Avocet Resources Receive Merger Approval

Vancouver-based Lion One Metals Ltd. and Perth, Australia-based Avocet Resources, both mineral exploration and development companies, have received approval for their merger by which Lion One will acquire all of Avocet’s outstanding shares. The combination of Lion One and Avocet will result in a merged entity retaining Avocet's Perth office to oversee the management of the Tuvatu gold project in Fiji, the Olary Creek iron ore joint venture in South Australia, the Monster gold project in Western Australia, and its exploration-stage projects throughout Australia and Argentina.

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