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Lion One Names New CEO as Lender Declares Default and Arete Investment Awaits Approval

Story Highlights
  • Lion One appointed Campbell Olsen as CEO and director, aligning leadership with Arete Capital’s pending $15 million equity investment.
  • Nebari declared a default on Lion One’s senior loan, raising interest costs as the company negotiates to stabilize its financing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Lion One Metals ( (TSE:LIO) ).

Lion One Metals has appointed mining executive and private equity veteran Campbell Olsen as its new Chief Executive Officer and director, expanding a board now chaired by President Walter Berukoff and confirming Olsen as the nominee of strategic investor Arete Capital. Olsen, who brings extensive high-grade underground gold mining and international resource investment experience, steps into the role ahead of the completion of Arete Capital’s proposed $15 million equity investment, which remains under TSX Venture Exchange review.

The company also disclosed that its senior secured lender Nebari has declared an event of default under Lion One’s credit facility, triggered by alleged non-financial covenant breaches and a claimed material adverse effect, resulting in a higher default interest margin from February 20, 2026. Lion One is in active talks with Nebari to stabilize its financing and resolve the default, while it has separately terminated a market research services agreement with Couloir Capital, underscoring a period of significant financial and governance transition for the miner.

The most recent analyst rating on (TSE:LIO) stock is a Buy with a C$0.35 price target. To see the full list of analyst forecasts on Lion One Metals stock, see the TSE:LIO Stock Forecast page.

Spark’s Take on TSE:LIO Stock

According to Spark, TipRanks’ AI Analyst, TSE:LIO is a Neutral.

The score is primarily held back by weak financial performance—continued losses and negative operating/free cash flow—despite improving revenue and low leverage. Technicals are a relative positive with an uptrend and strong momentum, but valuation is pressured by negative earnings and no dividend data.

To see Spark’s full report on TSE:LIO stock, click here.

More about Lion One Metals

Lion One Metals Limited is a mineral exploration and development company focused on high-grade underground gold mining. The company operates in the precious metals sector with assets and activities concentrated in gold exploration and production, and maintains listings on the TSX Venture Exchange and OTCQX markets to access global mining investment capital.

Average Trading Volume: 930,645

Technical Sentiment Signal: Buy

Current Market Cap: C$139M

For a thorough assessment of LIO stock, go to TipRanks’ Stock Analysis page.

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