Africa Oil Corp

[sno43wolf]

Company Profile
for investors use
for company use only

Company: Lion Energy Corp.
Symbol: TSX Venture: LEO
Address: Suite 440, 789 West Pender Street,
Vancouver, British Columbia, Canada V6C 1H2
Phone: [phone]
Fax: (604) 688_6402
Email: [e-mail]
Contact: Brian Thurston, President
Business:
Lion Energy is a Canadian exploration company with a vision to become a significant player in the developing oil and gas industry in East and Central Africa. The Company has signed an agreement with Africa Oil Corp. that gives the Company the right to earn an interest in five highly prospective petroleum blocks located in the Republic of Kenya and in Puntland, Somalia. The Company also holds 14.76% interest in Encanto Potash Corp., a junior potash exploration company, and has invested $6.5 million into a joint-venture to increase its holdings to approximately 29%. Lion Energy holds a 20% interest in Sulphur Solutions Inc., an emerging fertilizer company developing state-of-the-art patented technology for the production of micronized sulphur fertilizer. The Company is further diversified with a uranium joint venture project in the Athabasca Basin of Saskatchewan and an iron ore project in Ontario.