Lion Energy Welcomes New BOD Member

Lion Energy announced that Mr. David John Birkenshaw, F.C.S.I., of Toronto, has been appointed to the Company's board of directors effective July 21, 2010. With over 20 years' experience, Mr. Birkenshaw brings a solid investment management track record to the Company.

In 1989, Mr. Birkenshaw formed Birkenshaw & Company Ltd., a firm specializing in investment and merchant banking. Between 1997 and 2001, Mr. Birkenshaw was also a Senior Vice-President and Director of PricewaterhouseCoopers LLP, with specific responsibilities for the generatation of merger and acquisition transactions for the firm.

John R. Nelson, Company President and CEO said, "Mr. Birkenshaw will bring a wealth of financial and business expertise and we are pleased to strengthen our Board with someone of his caliber."

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