March 4, 2010 (FinancialWire) — Lion Energy Corp. (TSX Venture: LEO) (OTC: LEGYF) has named Arthur H. Kwan and R. Gordon McKay to the company’s board.

Kwan has over 13 years of capital markets experience encompassing investment banking, equity research, and private equity. He has around ten years of investment banking experience with Scotia Capital, Peters & Co., and Thomas Weisel Partners Canada.

Kwan has experience in mergers, acquisitions, divestitures, initial public offerings, private placements, recapitalizations, and restructuring transactions. He is also currently the vice president, Energy Investment Banking for PI Financial Corp.

Canada-based Lion Energy is an exploration company with a focus on developing a presence in the oil and gas industry. The company signed an agreement with Africa Oil Corp. that grants it the right to earn an interest in five petroleum blocks located in the Republic of Kenya and in Puntland, Somalia.

Lion further holds a 27.6% interest in Encanto Potash Corp., and an roughly 20% interest in Sulphur Solutions Inc., an emerging fertilizer company developing patented technology for the production of micronized sulphur fertilizer.

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