Northern Lion Gold Corp.
TSX VENTURE : NL
FRANKFURT : N3E

Northern Lion Gold Corp.

January 16, 2006 08:30 ET

Northern Lion Lists on the Frankfurt Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 16, 2006) - Northern Lion Gold Corp. (the "Company") (TSX VENTURE:NL)(FWB:N3E) has listed its common shares for trading on the Frankfurt Stock Exchange, under the trading symbol, "N3E". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol, "NL".

Company President, John Lando, commented: "Because our mineral exploration focus is exclusively in Europe, we have had a following in Europe for several years. The Frankfurt listing will facilitate European investment, as we increase our efforts to make our story better known in the European financial community."

About The Frankfurt Exchange

The Frankfurt Exchange (Deutsche Boerse) is one of the world's largest stock exchanges, and the electronic trading platform of the exchange, Xetra, has made it the world's second largest fully electronic cash market. The Company's stock quotes may be checked on-line at http://deutsche-boerse.com.

Separately, the Company has cancelled incentive stock options to purchase an aggregate 1,600,000 common shares.

About Northern Lion

Northern Lion Gold Corp. is a Canadian mineral exploration company. It owns 100% of the Haveri gold project, a past gold producer in southern Finland, and a large number of exploration claims in the Tampere Schist Belt of southern Finland, a mining-friendly and infrastructure-rich member of the European Union. The Company is well funded to carry on additional work to further define the Haveri gold deposit, and to further explore other areas within the Tampere Schist Belt for additional gold deposits.

NORTHERN LION GOLD CORP.

John Lando, President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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