Desert Lion Energy Inc.

12:20 PM EST - Desert Lion Energy Inc. : Announced that, it has received signed shareholder support agreements representing 61,292,342 shares, approximately 58% of the Company’s total shares issued and outstanding, to enter into a definitive arrangement agreement to merge with ASX-Listed Lepidico Limited. Both companies are progressing on schedule for completion of the transaction by the end of July 2019, with Desert Lion’s shareholder meeting scheduled for June 27. Desert Lion Energy Inc. shares V.DLI are trading down $0.01 at $0.13.