Lion Copper & Gold insiders report open‑market share purchase

Rhea-AI Filing Summary

Lion Copper & Gold (LCGMF) insiders Tony and Christine Alford reported an open‑market purchase of 69,935 common shares at $0.0961 on October 22, 2025.

After the trade, beneficial ownership was listed as 84,372,335 shares held by Tony Alford (D(1)), 15,234,794 shares held by Christine Alford (D(2)), and 43,477,269 shares held jointly (D(3)), as indicated in the filing’s footnotes. The form was filed by more than one reporting person, and the boxes for Director and 10% Owner were checked.

They also reported derivative positions, including options with a $0.087 exercise price for 16,000,000 shares expiring on 09/05/2030 and warrants with a $0.056 exercise price for 35,946,812 shares expiring on 09/19/2029.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Alford Tony L

(Last) (First) (Middle)

7040 INTERLAKEN DRIVE

(Street)

KERNERSVILLE NC 27284

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LION COPPER & GOLD CORP. [ LCGMF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	10/22/2025		P		69,935	A	$0.0961	84,372,335	D(1)
Common Shares								15,234,794	D(2)
Common Shares								43,477,269	D(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options	$0.087							09/05/2025	09/05/2030	Common Shares	16,000,000		16,000,000	D(1)
Options	$0.06							12/10/2024	12/10/2029	Common Shares	3,750,000		3,750,000	D(1)
Options	$0.052							03/01/2024	03/01/2029	Common Shares	4,645,000		4,645,000	D(1)
Options	$0.06							07/21/2023	07/21/2028	Common Shares	1,000,000		1,000,000	D(1)
Options	$0.06							07/21/2023	07/21/2028	Common Shares	4,600,000		4,600,000	D(1)
Warrants	$0.06							11/08/2024	11/08/2029	Common Shares	14,000,000		14,000,000	D(1)
Warrants	$0.056							09/19/2024	09/19/2029	Common Shares	35,946,812		35,946,812	D(1)
Warrrants	$0.056							03/08/2024	03/08/2029	Common Shares	9,821,428		9,821,428	D(1)

1. Name and Address of Reporting Person^*

Alford Tony L

(Last) (First) (Middle)

7040 INTERLAKEN DRIVE

(Street)

KERNERSVILLE NC 27284

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Alford Christine

(Last) (First) (Middle)

7040 INTERLAKEN DR.

(Street)

KERNERSVILLE NC 27284

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Held by Tony Alford

2. Held by Christine Alford

3. Held jointly by the reporting persons

	/s/ Tony L. Alford	10/24/2025
	/s/ Christine Alford	10/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did LCGMF insiders report on Form 4?

They reported an open‑market purchase of 69,935 common shares at $0.0961 on October 22, 2025.

Who are the reporting persons in the LCGMF Form 4?

The reporting persons are Tony Alford and Christine Alford.

What roles do the reporters have at Lion Copper & Gold (LCGMF)?

The filing indicates they are a Director and a 10% Owner.

How many shares are beneficially owned after the transaction?

Listed as 84,372,335 by Tony Alford (D(1)), 15,234,794 by Christine Alford (D(2)), and 43,477,269 held jointly (D(3)).

Were derivatives disclosed in the Form 4?

Yes. Examples include options at $0.087 for 16,000,000 shares expiring 09/05/2030 and warrants at $0.056 for 35,946,812 shares expiring 09/19/2029.

Was the filing made jointly?

Yes. The line for Form filed by More than One Reporting Person was checked.