17 January 2017

ASX Release ASX Code: LIO

LAPSE OF OPTIONS

Re: LAPSE OF OPTIONS

Lion Energy Limited

ABN 51 000 753 640 Suite 7, 295 Rokeby Road, Subiaco WA 6008, Australia Post Box 557, Subiaco WA 6904, Australia Tel +61 8 9211 1500 | Fax +61 8 9211 1501

info@lionenergy.com.au

www.lionenergy.com.au

Lion Energy Limited ("Lion") advises that the following options have lapsed: 406,250 Unlisted Options exercisable at $0.26 each expiring 16 January 2017.

Yours faithfully,

Zane Lewis Company Secretary

Lion Energy Limited published this content on 17 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 January 2017 10:26:08 UTC.

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