LION COPPER & GOLD CORP.

Forward-Looking Statements

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking statements" within the meaning of applicable United States securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, including National Instrument 51-102 - Continuous Disclosure Obligations. Forward-looking statements include, but are not limited to, statements regarding the Company's land consolidation strategy in the Yerington Copper District, the anticipated benefits of the Bear project area land acquisition, future exploration, engineering, permitting and development activities, the advancement of the Yerington, MacArthur and Bear projects, the Definitive Feasibility Study, the Nuton earn-in arrangement and the Company's long-term development plans. Forward-looking statements are based on management's current expectations, estimates and assumptions, including assumptions regarding title, access, permitting, funding, regulatory approvals, commodity prices, technical results and general business conditions. These statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially, including risks related to mineral exploration and development, permitting and environmental matters, project economics, financing, market conditions, title and surface rights, water rights, regulatory approvals, and the timing or completion of the Nuton earn-in arrangement. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake to update or revise any forward-looking statements except as required by applicable law.