LION SELECTION GROUP LIMITED. — Net Asset Value 2019

Jun 6, 2019

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ASX RELEASE: LSX

Net Tangible Asset Backing

Net Tangible Asset Backing

Lion Selection Group Limited (Lion) advises that the unaudited net tangible asset backing of Lion as at 31 May 2019 is $0.43 per share (after tax).

as at 31 May 2019 is $0.43 per share (after tax).	as at 31 May 2019 is $0.43 per share (after tax).	as at 31 May 2019 is $0.43 per share (after tax).	as at 31 May 2019 is $0.43 per share (after tax).
CommodityApril 2019A$MPani Joint Venture (33.3% Interest)Gold38.7Fair value for Pani based on Merdeka’s acquisition of 66.7% interestin the Pani JV from Lion’s previous JV partner in November 2018.PortfolioNusantara ResourcesGold6.5Egan Street ResourcesGold5.3RoxgoldGold4.0Erdene ResourcesGold1.7Toro GoldGold1.6Other3.5Portfolio holdings measured at fair valueIncludes investments held directly by Lion and the value to Lion ofinvestments held by African Lion.Net Cash2.1				May 2019A$M¢ps38.725.87.44.95.33.54.63.11.81.21.61.03.52.32.41.6
	Portfolio holdings measured at fair value
	Includes investments held directly by Lioi hld b fi i	n and the valu	e to Lion of
	nvestments e y Arcan Lon.
	Net Cash		2.1	2.41.6
					ps
	Net Tangible Assets		A$63.4m	A$65.3m43¢
Capital StructureShares on Issue:150,134,879Share Price:35¢ps31 May 2019Options on Issue:15,720,958$0.50 expiry 12 April 2020	pital Structure
	Shares on Issue:
		15013487

Lion Selection Group Limited ABN 26 077 729 572 Level 2, 175 Flinders Lane, Melbourne Vic 3000 T: +61 3 9614 8008 www.lsg.com.au

Further enquiries: Craig Smyth E: csmyth@lsg.com.au