Northern Lion Gold Corp.

Northern Lion Gold Corp.

July 14, 2010 12:00 ET

Northern Lion Engages Investor Relations Consultant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2010) - Northern Lion Gold Corp. (TSX VENTURE:NL)(FRANKFURT:N3E) ("Northern Lion" or the "Company") has entered into an agreement (the "Agreement") with SIGOREX Management GMBH ("SIGOREX") for the provision of investor relations and communications services to Northern Lion. SIGOREX, based in Kulmbach, Germany, is a boutique consulting firm that specializes in investor outreach in Europe for mineral exploration companies. SIGOREX advises that its does not have any interest directly or indirectly in Northern Lion and that it, or its principals, may acquire or dispose of securities of Northern Lion in the future.

Pursuant to the Agreement, SIGOREX will provide investor relations services to the Company including, but not limited to, representing the Company at trade shows and introducing the Company to investors in Europe.

SIGOREX's engagement, which is subject to regulatory approval, was effective June 21, 2010, for a term of six (6) months. The Company will pay SIGOREX 7,500€ for a one time set up fee, a fee of 5,000€ per month, reimburse it for approved expenses, and issue it options to purchase 100,000 common shares, exercisable for two years at a price of $0.20 per share. These options will vest in accordance with the Company's April 28, 2003 Stock Option Plan, as amended.

About Northern Lion

Northern Lion Gold Corp. is a Canadian mineral exploration company, listed on the TSX Venture Exchange and the Frankfurt Exchange. The Company is committed to building a strong portfolio of projects within mining-friendly and infrastructure-rich areas of Europe.

The Company holds several exploration permits in Cyprus, a 100% interest in its Moura Licence in Portugal and 100% interest in two projects in the historic Bergslagen mining district of southern Sweden.


John Lando, President

This news release includes "forward-looking information", as such term is defined in applicable securities laws. The forward-looking information includes, without limitation, the success of exploration activities and other similar statements concerning anticipated future events, conditions or results that are not historical facts. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward-looking information is inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among others, risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; potential defects in title to the Company's properties; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; and other risks and uncertainties. Accordingly, actual future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. All statements are made as of the date of this news release and, except as required by law, the Company is under no obligation to update or alter any forward-looking 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 news release.

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