Lion Copper appoints CEO John Banning to board

Banning has held senior executive leadership roles at Lion since 2024, first as chief operating officer and later as chief executive officer.

Rhea-AI Filing Summary

Lion Copper Corp. (LCGMD) appointed its President and Chief Executive Officer, John Banning, to the board of directors, effective September 29, 2026. He has not been assigned to a board committee and will receive no additional compensation for board service.

The company reported completing a Pre-Feasibility Study for the Yerington Copper Project and advancing it into definitive feasibility study and permitting. It cited approximately US$30 million in Stage 3 investment from Nuton, a Rio Tinto venture, and a maiden Bear Deposit Mineral Resource Estimate with 6.71 billion pounds of contained copper classified as Indicated and 8.77 billion pounds classified as Inferred.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Stage 3 investment from Nuton: Approximately US$30 million Indicated Resource: 6.71 billion pounds of contained copper Inferred Resource: 8.77 billion pounds of contained copper

3 metrics

Stage 3 investment from Nuton Approximately US$30 million Yerington Copper Project

Indicated Resource 6.71 billion pounds of contained copper Bear Deposit Mineral Resource Estimate

Inferred Resource 8.77 billion pounds of contained copper Bear Deposit Mineral Resource Estimate

Key Terms

Pre-Feasibility Study, definitive feasibility study, Mineral Resource Estimate, Indicated Resource, +1 more

5 terms

Pre-Feasibility Study technical

"completed the Pre-Feasibility Study for the Yerington Copper Project"

A pre-feasibility study is an initial assessment that evaluates whether a proposed project or investment idea is worth exploring further. It involves examining basic factors like costs, potential benefits, and possible challenges, similar to conducting a preliminary check before deciding to invest more time and resources. This helps investors determine if pursuing the project further is practical and likely to be successful.

definitive feasibility study technical

"advanced the project into definitive feasibility study and permitting"

A definitive feasibility study is a detailed, near-final assessment that shows whether a proposed project—often a mine, infrastructure or major industrial venture—can be built and operated profitably. It combines precise engineering plans, realistic cost estimates, production schedules and risk analysis to give lenders and investors a clear picture of expected returns and potential pitfalls, like a full blueprint and budget that helps decide whether to greenlight financing and construction.

Mineral Resource Estimate technical

"maiden Mineral Resource Estimate for the Bear Deposit"

A mineral resource estimate is a calculated approximation of how much metal or mineral material likely exists in a particular deposit and where it sits underground, similar to estimating how many cookies are in a jar by peeking at the layers. It matters to investors because it provides a data-based starting point for judging a project's potential value, future production and risks, while not guaranteeing recoverable or profitable amounts.

Indicated Resource technical

"defining an Indicated Resource of 6.71 billion pounds"

An indicated resource is a quantity of minerals estimated from sample data with a moderate level of confidence—higher than a rough estimate but not as certain as a fully proven quantity. For investors, it signals a reasonable but still uncertain expectation that commercial extraction could be feasible; think of it like a well‑researched recipe where ingredients and amounts are likely correct but still need final confirmation before you start cooking or spending large sums.

Inferred Resource technical

"and an Inferred Resource of 8.77 billion pounds"

An inferred resource is an early-stage estimate of how much mineral material may be present and its likely quality, based on limited sampling and basic geological patterns rather than detailed data. It matters to investors because it indicates potential upside but carries high uncertainty—like a rough hand-drawn map that hints at treasure but needs much more surveying and testing before anyone can count on its value for planning or valuation.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who joined LCGMD's board and when did the appointment take effect?

John Banning, Lion Copper Corp.'s President and Chief Executive Officer, joined the board effective September 29, 2026.

What copper resources did LCGMD report for the Bear Deposit?

The Bear Deposit Mineral Resource Estimate listed 6.71 billion pounds of contained copper as an Indicated Resource and 8.77 billion pounds as an Inferred Resource.

How much Stage 3 investment did LCGMD secure from Nuton?

Lion Copper Corp. said it secured approximately US$30 million in Stage 3 investment from Nuton, a Rio Tinto venture.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 03:38 PM Accepted by SEC EDGAR 10/05/2026 - 03:37 PM Learn about SEC filing dates

false 2026-09-29 0001339688 Lion Copper Corp. 0001339688 2026-09-29 2026-09-29

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 29, 2026

LION COPPER CORP.
(Exact name of registrant as specified in its charter)

British Columbia	000-55139	98-1664106
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

517 West Bridge St., Suite A
Yerington, Nevada, United States 89447
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (775) 463-9600

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbols		Name of each exchange on which registered
—		—		—

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company ☑

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 29, 2026, Lion Copper Corp. (the “Company”) appointed John Banning to the board of directors of the Company. Mr. Banning currently serves as the Chief Executive Officer of the Company. There are no arrangements or understandings between Mr. Banning and any other person pursuant to which Mr. Banning was selected as a director. Mr. Banning has not been appointed to any committees of the board of directors at this time. As Mr. Banning currently serves as Chief Executive Officer of the Company, he will not receive any additional compensation for his service as a director. Other than as previously disclosed in the Company’s filings with the Securities and Exchange Commission, there are no transactions involving Mr. Banning that would require disclosure under Item 404(a) of Regulation S-K.

Item 7.01. Regulation FD.

On October 5, 2026, the Company issued a news release announcing the appointment of John Banning as a director of the Company. A copy of the news release is attached to this report as Exhibit 99.1.

The information and exhibits furnished pursuant to Item 7.01 are being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01 Exhibits.

99.1*	News release dated October 5, 2026
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

* This Exhibit is intended to be furnished to, and not filed with, the Commission pursuant to General Instruction B.2 of Form 8-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Lion Copper Corp.
Date:	October 5, 2026		(Registrant)
			/s/ Maria Milagros Paredes
			Maria Milagros Paredes Chief Financial Officer

CSE: LCU | OTCQB: LCGMF

Lion Copper Corp. Appoints John Banning To Board Of Directors

Yerington, Nevada - October 5, 2026 - Lion Copper Corp. ("Lion" or the "Company") (CSE: LCU; OTCQB: LCGMD) is pleased to announce the appointment of John Banning, the Company's President and Chief Executive Officer, to its Board of Directors, effective September 29, 2026.

Mr. Banning has served in senior executive leadership roles with Lion since 2024, initially as Chief Operating Officer and subsequently as Chief Executive Officer. During this period, he has led the advancement of the Company's Yerington Copper Project and broader Yerington copper portfolio through a series of significant technical, strategic and corporate milestones.

Under Mr. Banning's leadership, the Company completed the Pre-Feasibility Study for the Yerington Copper Project, advanced the project into definitive feasibility study and permitting, secured approximately US$30 million in Stage 3 investment from Nuton, a Rio Tinto venture, and advanced the Bear Deposit through its maiden Mineral Resource Estimate, defining an Indicated Resource of 6.71 billion pounds of contained copper (1,064Mt @ 0.29$ Cu) and an Inferred Resource of 8.77 billion pounds of contained copper (1.770 Mt @ 0.22% Cu) significantly expanding the scale of Lion's copper resource portfolio (for full details please reference our news release on September 14, 2026 "Lion Copper Corp. Announces Filing of NI 43-101 Technical Report for Bear Deposit").

The appointment of Mr. Banning to the Board further aligns the Company's executive leadership and governance as Lion advances the Yerington Copper Project through definitive feasibility, permitting and its next stage of development.

Tom Patton, Co-Chair of Lion Copper Corp., commented:

"John has played a central role in advancing Lion and the Yerington Copper Project through an important period of transformation and growth. His operational, project development and corporate leadership experience, together with his detailed knowledge of the Company and its assets, will be valuable additions to the Board as we advance Yerington toward development."

John Banning, CEO, commented:

"I am pleased to join Lion's Board at an important stage in the Company's development. We have made substantial progress in advancing Yerington and demonstrating the broader potential of our copper portfolio. I look forward to working with the Board and our team as we continue to advance the project through definitive feasibility, permitting and toward development."

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by John Banning, QP-MMSA, Chief Executive Officer of the Company and a Qualified Person as defined under National Instrument 43-101.

NEWS RELEASE

About Lion Copper Corp.

Lion Copper Corp. is a copper development company advancing its flagship copper assets in Yerington, Nevada, through a strategic Earn-In Agreement with Nuton, a Rio Tinto venture. The Company's principal assets include the Yerington Copper Project and the Bear Deposit.

Further information can be found at www.lioncg.com.

John Banning
Chief Executive Officer & Director

For more information, please contact:

Email: info@lioncg.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

NEWS RELEASE 2

Filing Exhibits & Attachments

6 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 6.5 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 4.4 KB
• EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT 689 B
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 21.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 45.3 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 24.2 KB