LGM Lions Gate Metals Inc.

Lions Gate Metals Inc. (TSX VENTURE:LGM) ("Lions Gate" or the "Company")
announces that it has completed the first tranche of its previously announced
non-brokered private placement of flow-through and non-flow-through units. The
first tranche was placed exclusively with the MineralFields Group to raise
aggregate gross proceeds of $1,080,000.


The Company issued 1,200,000 flow-through units to the MineralFields Group at a
price of $0.90 per unit. Each unit is comprised of one flow-through common share
of the Company and one-half of one share purchase warrant of the Company, with
each whole warrant being exercisable to purchase one non-flow-through common
share of the Company at a price of $1.00 per share until June 30, 2012.


A cash finder's fee of $75,600, representing 7% of the proceeds raised, was paid
to Limited Market Dealer Inc. in connection with the placement to the
MineralFields Group.


All securities issued or issuable under this tranche of the private placement
are subject to a hold period and may not be traded until October 31, 2010
pursuant to applicable Canadian securities laws and the policies of the TSX
Venture Exchange.


The Company intends to use the proceeds of the private placement to conduct
exploration on the Company's properties in British Columbia.


"We are very pleased to be entering into this relationship with MineralFields
Group," said Arni Johannson, President and CEO. "This is an important milestone
in the growth of Lions Gate and we look forward to working with MineralFields
Group as we develop our holdings in British Columbia."


About MineralFields, Pathway and First Canadian Securities(R):

MineralFields Group (a division of Pathway Asset Management), based in Toronto,
Vancouver Montreal and Calgary, is a mining fund with significant assets under
administration that offers its tax-advantaged super flow-through limited
partnerships to investors throughout Canada as well as hard-dollar resource
limited partnerships to investors throughout the world. Pathway Asset Management
also specializes in the manufacturing and distribution of structured products
and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class
mutual fund series). Information about MineralFields Group is available at
www.mineralfields.com. First Canadian Securities(R) (a division of Limited
Market Dealer Inc.) is active in leading resource financings (both flow-through
and hard dollar PIPE financings) on competitive, effective and service-friendly
terms, and offers investment banking, mergers and acquisitions, and mining
industry consulting, services to resource companies. MineralFields and Pathway
have financed several hundred mining and oil and gas exploration companies to
date through First Canadian Securities(R).


About Lions Gate Metals

Lions Gate is a Canadian based, junior resource company focused on the
exploration, development, and acquisition of both advanced and early stage
mineral projects. LGM owns 100% of three substantial copper and molybdenum
projects located in British Columbia. LGM's flagship project is the Poplar
porphyry copper molybdenum deposit near Houston, BC. The Huckleberry Mine,
located approximately 35 kilometres southwest of the Poplar Deposit, produces
copper and molybdenum from a deposit of similar age and setting.


Sincerely on behalf of the Board of Directors,

Arni Johannson, CEO and Chairman of the Board

Lions Gate Metals Inc.

THIS PRESS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS OR INFORMATION. ALL
STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT INCLUDED IN THIS RELEASE,
INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING FUTURE PLANS AND OBJECTIVES
OF THE COMPANY ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS RISKS AND
UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE
ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE
ANTICIPATED IN SUCH STATEMENTS. IMPORTANT FACTORS THAT COULD CAUSE ACTUAL
RESULTS TO DIFFER MATERIALLY FROM THE COMPANY'S PLANS OR EXPECTATIONS INCLUDE
AVAILABILITY OF CAPITAL AND FINANCING IN CONNECTION WITH THE COMPANY'S PROPOSED
PRIVATE PLACEMENT, GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS, REGULATORY
CHANGES, TIMELINES OF GOVERNMENT OR REGULATORY APPROVALS AND OTHER RISKS
DETAILED HEREIN AND FROM TIME TO TIME IN THE FILINGS MADE BY THE COMPANY.
ACCORDINGLY, READERS ARE ADVISED NOT TO PLACE UNDUE RELIANCE ON FORWARD-LOOKING
STATEMENTS OR INFORMATION.

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