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For Immediate Release

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CONTACT:

NOVEMBER 10, 1997

WADE J. MURRAY
information@vse.ca
(604) 643-6592
Gold Lion Explorations Inc. Lists on VSE
Effective at the opening on Friday, November 7, 1997, Gold Lion Explorations Inc. was posted and called for trading on the Vancouver Stock Exchange. The company is classified as a "Venture" company and trades under the symbol "GLX".

Gold Lion Explorations is engaged in the acquisition, exploration and development of mineral resource properties and interests in the People's Republic of China.

The company has completed its initial distribution of shares to the public for total gross proceeds of $1,275,000 (1,500,000 shares at $0.85 per share).

The company's capitalization is 99,950,000 common shares with no par value of which 5,021,000 shares are currently issued and outstanding (including 750,000 shares in escrow). Montreal Trust Company of Canada is the transfer agent and Golden Capital Securities Ltd. is the sponsoring member.

For further information, please refer to the company's prospectus dated September 8, 1997.

GOLD LION EXPLORATIONS INC.
Giovanni D. Negris, President
1818 - 1055 West Georgia Street
Vancouver, BC V6E 3R5
Phone: (604) 669-3831

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