Lion Copper & Gold insiders report open‑market share purchases

Rhea-AI Filing Summary

Lion Copper & Gold (LCGMF) insiders Tony L. Alford and Christine Alford filed a joint Form 4 as a Director and 10% Owners. The filing reports two open‑market purchases of common shares: 2,000 on 10/14/2025 at $0.10 and 37,000 on 10/17/2025 at $0.10.

Following the 10/17 trade, 84,302,400 common shares were shown as beneficially owned Direct (1). Additional entries list 15,234,794 Direct (2) and 43,477,269 Direct (3), with notes indicating (1) held by Tony Alford, (2) held by Christine Alford, and (3) held jointly.

Derivative holdings include options covering 16,000,000 shares at $0.087 (exercisable 09/05/2025, expiring 09/05/2030) and warrants for 35,946,812 shares at $0.056 (expiring 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

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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)
10/14/2025

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	10/14/2025		P		2,000	A	$0.1	84,265,400	D(1)
Common Shares	10/17/2025		P		37,000	A	$0.1	84,302,400	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	10/21/2025
	/s/ Christine Alford	10/21/2025
	** 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).
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