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LION COPPER (LCGMF) Stock News, Sep 2023-Jul 2024

LCGMF OTC

Lion Copper & Gold Corp. advances copper development projects in the Yerington, Nevada region, with news centered on the Yerington Copper Project, related MacArthur and Bear assets, and the company’s option earn-in agreement with Nuton LLC, a Rio Tinto venture. Recurring updates cover definitive feasibility study work, permitting activities, technical consultants, drilling programs, environmental studies, and the use of Nuton® copper leaching technology in project development.

Company news also includes capital and securities actions tied to project funding, including convertible debentures, warrants, common-share issuances for services, and proceeds directed toward land and mineral-right purchases for Yerington-area projects.

Rhea-AI Summary

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) has announced two key appointments to strengthen its leadership team. John Banning has been named Vice President and Chief Operating Officer, bringing 25 years of experience in mining operations with a focus on copper. Doug Stiles joins as Vice President of Sustainability & Environment, contributing 25 years of expertise in regulatory and environmental aspects of mining.

Both executives will be based in Yerington, Nevada, where they will play important roles in advancing the Yerington Copper Project through Pre-Feasibility. CEO Steven Dischler expressed enthusiasm about the new additions, highlighting their experience in developing mining operations on brownfield sites.

The company has also granted incentive stock options to officers, allowing the purchase of up to 7,500,000 common shares at CS$0.08 (US$0.058) per share over a five-year period, subject to vesting conditions.

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FAQ

What is the current stock price of LION COPPER (LCGMF)?

LION COPPER (LCGMF) last closed at $5.94.

What is the market cap of LION COPPER (LCGMF)?

The market cap of LION COPPER (LCGMF) is approximately $94.9M.