LION GROUP

OVERVIEW

Lion Norte is a dedicated development company within Lion Group’s investment portfolio, focused on the Rosário Iron Ore Project in northern Piauí.

Rosário is being developed as a potentially large-scale iron ore project, with an initial exploration target above 200 million tonnes and a development concept targeting 62–65% Fe concentrate. The project is located approximately 100 km from Porto Piauí, with paved-road access and established regional infrastructure.

Lion Norte has its own dedicated management and governance structure.

Investment Highlights

Iron ore development project

Initial exploration target* 200+ Mt

Target product 62–65% Fe concentrate

~100 km from Porto Piauí

Lion Norte has its own dedicated management and governance structure

Established infrastructure with paved road access, regional power and water availability.

*Exploration target. No Mineral Resource has been certified to date.

GOVERNANCE

Ricardo Werneck

CEO

More than 30 years of experience in iron ore, including senior positions at Vale, Anglo American, MMX and Buritirama, with experience spanning operations, strategy, commercial activities, business development and mine-to-port logistics.

Josh Parrill

Chairman

Jose Luiz Amarante

Non-Executive Director

Tainah Salles Mendes

Non-Executive Director

John Philip Tyler

Non-Executive Director

Maria Andrea Martinez

Finance Director

Sérgio Guedes

Senior Geologist

Lion Group’s Role

Lion Group is a long-term shareholder and active strategic investor in Lion Mining, participating closely in the company’s development, commercial strategy, logistics and growth decisions.

visit LION NORTE site

Corporate Office - Piripiri, Piauí
Avenida Aderson Alves Ferreira, 186
Piripiri - PI - CEP 64260-000
+55 (86) 3142-4717

Connect with Lion Group

The information contained on this website is provided for general informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security, investment or financial product.

Certain information relating to mineral projects may include exploration targets, historical estimates, forward-looking statements and development objectives that are subject to technical, regulatory, financing and market risks. Unless expressly stated otherwise, such information should not be interpreted as a current Mineral Resource or Mineral Reserve under any recognised reporting standard.

Lion Group’s portfolio companies are separate legal entities with their own management, governance, mineral rights, licences and operating responsibilities. Information regarding individual portfolio companies is provided for general corporate information only.