The Board of Directors of LionGold Corp. Ltd. announced that the company and its subsidiaries are expected to report a loss before tax for the Half
Year ended September 30, 2013. Based on a preliminary review of the Group's performance, the loss is mainly attributable to: care and maintenance costs from the Group's gold mining operations in Bolivia and Ghana; and substantial losses arising from the unrealised loss on financial assets at fair value through profit and loss.