John Banning - 17 Apr 2025 Form 4 Insider Report for LION COPPER & GOLD CORP. (LCGMF)

Role
Chief Executive Officer
Signature
/s/ John Banning
Issuer symbol
LCGMF
Transactions as of
17 Apr 2025
Net transactions value
+$63,073
Form type
4
Filing time
21 Apr 2025, 20:14:26 UTC
Previous filing
09 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCGMF Common Shares Purchase $35,074 +344,875 $0.1017 344,875 17 Apr 2025 Direct F1
transaction LCGMF Common Shares Purchase $27,999 +233,910 +68% $0.1197 578,785 21 Apr 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LCGMF Options 7,500,000 17 Apr 2025 Common Shares 7,500,000 $0.0800 Direct F2
holding LCGMF Options 2,500,000 17 Apr 2025 Common Shares 2,500,000 $0.0580 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Weighted average price
F2 3,750,000 options will vest upon the issuer achieving a market capitalization of US$100,000,000, and 3,750,000 options will vest upon the issuer achieving a market capitalization of $200,000,000
F3 (1) 500,000 options vested on 7-26-24; (2) 1,000,000 options will vest upon completion of Stage 2b and, if applicable, Stage 2c pursuant to the terms of the option agreement between Singatse Peak Services, LLC and Rio Tinto America Inc. ("Rio Tinto") dated 3-18-22 (the "RT Agreement"), as currently amended or as may in the future be amended, and (3) 1,000,000 options will vest upon entering Stage 3 by Nuton, LLC or Rio Tinto in accordance with the RT Agreement.