Lion Copper and Gold (OTC: LCGMF) issues 97,182 shares at $0.1029
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Lion Copper and Gold Corp. reported issuing 97,182 common shares at $0.1029 per share in a private transaction on January 9, 2026. The shares were issued as consideration in connection with an advisory services agreement, effectively using stock to pay for those services.
The issuance was carried out under Rule 506(b) of Regulation D of the U.S. Securities Act, which allows certain private placements without a public offering. This adds a small number of new shares to the company’s equity base in exchange for advisory support.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 3.02 — Unregistered Sales of Equity Securities
1 item
Item 3.02
Unregistered Sales of Equity Securities
Securities
The company sold equity securities in a private placement or other unregistered transaction.
FAQ
What did Lion Copper and Gold Corp. (LCGMF) report in this 8-K?
The company reported issuing 97,182 common shares on January 9, 2026 in connection with an advisory services agreement, in a private transaction under Rule 506(b).
What securities law exemption did Lion Copper and Gold use for this issuance?
The issuance relied on Rule 506(b) of Regulation D under the United States Securities Act of 1933, as amended.
Does this filing indicate any change to Lion Copper and Gold’s exchange listing?
No. The filing lists N/A for title of class, trading symbol, and exchange, indicating no exchange-listed securities under Section 12(b) in this context.