Lions Gate Metals Inc.

Lions Gate Metals Inc.

April 07, 2011 09:15 ET

Lions Gate Metals Inc. Appoints Mr. John Tapics to the Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2011) - Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company") is pleased to announce the appointment of John Tapics to the Board of Directors effective immediately.

Mr. John A. Tapics is currently CEO of Compliance Energy Corp. (TSX VENTURE:CEC) a company focused on the development of Coal assets on Vancouver Island, B.C. He also serves on The Board of Directors for Copper Mountain Mining Corporation (TSX:CUM). Copper Mountain Is a large 5 billion lbs Copper project in B.C. Canada that intends on being in full production by June 2011 with their financial partner Mitsubishi Materials Corp. Mr. Tapics has served on the board of Copper Mountain since their Initial Public Offering in 2007.

John graduated in 1975 with a B.Sc. Honors in Mining Engineering from Queen's University in Ontario, Canada. Mr. Tapics has over 30 years of mining and electricity industry experience including four years as President and CEO of the Alberta Electric System Operator responsible for operating Alberta's electricity market, transmission planning and system operations; eleven as an Officer of TransAlta Corporation, in charge of the Generation, and the Transmission and Distribution Business units. While at TransAlta Mr. Tapics directed the planning and economic delivery of 16 million tonnes of coal annually from two mine sites to three power plants totaling 3300 megawatts.

Mr. Tapics has served as a Director of the Coal Association of Canada, the Alberta Chamber of Resources, and the Western Electric Power Institute. He has been active with the Canadian Electricity Association, serving on the Generation and the Transmission Strategic Issues working groups; and the Canadian Institute of Mining and Metallurgy serving as the Calgary Branch Chairman.

Lions Gate Chairman & Interim CEO Arni Johannson stated, "We are extremely pleased that a seasoned executive of John's caliber has agreed to join the Board of Lions Gate, it is a positive step as we move the Company forward developing our exciting portfolio of base metal assets. We look to John to be a Lead Director and assist in our ongoing corporate governance initiatives".

Mark Hewett has resigned from the Board in order to make room for Mr. Tapics' appointment. Mark has served on the Lions Gate Board since 2008 and spent over 18 months as part of the executive management team. The support & commitment that Mark and his team at Canaccord brought to Lions Gate Metals will always be appreciated. The Board would like to take this opportunity to thank Mark for his dedication and counsel, Mark will join the Company's advisory Board.

About Lions Gate Metals

Lions Gate is a Canadian based, junior resource company focused on the exploration, development, and acquisition of both advanced and early stage Copper projects. LGM owns 100% of three substantial copper and molybdenum projects located in British Columbia. LGM's flagship project is the Poplar porphyry copper - molybdenum deposit near Houston, BC. The Huckleberry Mine, located approximately 35 kilometers southwest of the Poplar Deposit, produces copper and molybdenum from a deposit of similar age and setting. 

Sincerely on behalf of the Board of Directors,

Arni Johannson, Chairman & Interim CEO, Lions Gate Metals Inc.

For further information on the Company and its projects please visit:

Forward-Looking Statements

Statements in this release that are forward-looking statements, are subject to various risks and uncertainties concerning the specific factors identified in the Company's periodic filings with Canadian Securities Regulators. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other exploration data, the potential for delays in exploration or development activities, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties with or interruptions in production and operations, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including environmental regulatory restrictions and liability, competition, loss of key employees, and other related risks and uncertainties. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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