LionOre Mining International Ltd.

LionOre Mining International Ltd.

July 06, 2007 11:33 ET

LionOre Announces Changes to Board of Directors

TORONTO, ONTARIO--(Marketwire - July 6, 2007) - LionOre Mining International Ltd. (TSX:LIM)(LSE:LOR)(BSE:LIONORE) ("LionOre") today announced that following the acquisition by Norilsk Nickel of control over LionOre, each of the members of the board of directors has resigned at Norilsk Nickel's request, with the exception of Mr. Ted Mayers who has agreed to remain on the LionOre Board. Mr. Mayers has resigned as Chief Financial Officer of the Company. The new Board members nominated by Norilsk Nickel are: Ralph Morgan, Deputy General Director and Member of the Board of Directors of Norilsk Nickel; Thomas Rogers, Director for Business Development of Norilsk Nickel; and Andrey Zhupanov, International General Counsel of Norilsk Nickel. Mr. Morgan will serve as Chairman of the Board.

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