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Lion Copper & Gold Corp. SEC filings document a British Columbia mining issuer focused on the Yerington Copper Project in Lyon County, Nevada. Its filings include Form 8-K reports on Regulation FD updates, an S-K 1300 Preliminary Feasibility Study and Technical Report Summary for Yerington, and exhibits covering technical consultants and project disclosures.
The filing record also covers capital-structure and securities matters, including unregistered sales of common shares, secured convertible debentures, detachable warrants, advisory-service share issuances, and an amended S-1 registration statement. These documents describe project financing, mineral-right acquisition plans, Nuton-related development funding, governance status as a smaller reporting and emerging growth company, and related risk and offering disclosures.
LION COPPER & GOLD CORP. Chief Executive Officer John Banning received a grant of stock options for 500,000 common shares. The options have an exercise price of $0.098 per share, were granted on September 8, 2025, and expire on September 8, 2030. The award was granted at no cost to Banning.
Alongside this new grant, he continues to hold options linked to 7,500,000 common shares at an exercise price of $0.080 expiring April 4, 2030, and options linked to 2,500,000 common shares at $0.058 expiring July 26, 2029, all held directly. He also directly owns 578,785 common shares.
Footnotes state that 3,750,000 of these options vest upon the company achieving a market capitalization of US$100,000,000 and another 3,750,000 vest upon reaching $200,000,000, and that these vesting conditions have been satisfied so all such options are now fully vested.
Lion Copper & Gold Corp. vice president of Sustainability & Environment, Douglas Avery, reported receiving a grant of 300,000 options for Common Shares. The options have an exercise price of $0.098 per share and, according to the footnote, all vesting conditions have been satisfied so they are fully vested.
After this grant, Avery holds this new option award directly, alongside existing direct option positions over 2,230,000 Common Shares at an exercise price of $0.060, options over 2,000,000 Common Shares at $0.058, warrants over 2,222,222 Common Shares at $0.060, and 2,222,222 Common Shares directly.
Lion Copper and Gold Corp. has completed an S‑K 1300 Preliminary Feasibility Study and Technical Report for its wholly owned Yerington Copper Project in Nevada. The study defines Proven and Probable mineral reserves of 506.6 million tons grading 0.21% copper, supporting a 12‑year open‑pit, heap‑leach operation.
Total initial and sustaining capital is estimated at $1,731.7M, with life‑of‑mine operating costs of $1.92 per payable pound of copper and all‑in sustaining costs of $2.67 per pound. At a long‑term copper price of $4.30/lb, the project generates a pre‑tax NPV(7%) of $975M and IRR of 16.9%, and post‑tax NPV(7%) of $694M with IRR of 14.6%.
The mine plan contemplates 506.6 million tons of heap‑leach feed at 0.21% copper, with a low overall strip ratio of 0.32:1 and total payable copper production of 1,443 million pounds, or about 120 million pounds per year on average. Processing will use separate oxide and sulfide heap‑leach facilities, including Nuton™ technology for sulfide material, and twin solvent‑extraction circuits feeding a common electrowinning plant.
Lion Copper and Gold Corp. reported that it has received US$30.5 million from Nuton LLC, a wholly owned subsidiary of Rio Tinto. This payment is made under their previously announced earn-in agreement to advance the Yerington Copper Project in Nevada. The information was shared via a press release that is furnished under Regulation FD and not filed for liability purposes under U.S. securities laws.
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.
Lion Copper and Gold Corp. reported that it has amended an existing advisory services agreement to allow advisory fees to be paid in common shares instead of cash. This change means the company can compensate its advisor with stock, which may help conserve cash resources while still meeting its obligations under the agreement. The update was shared through a news release dated December 31, 2025, which is included as an exhibit and treated as information furnished under Regulation FD rather than filed for legal purposes.
Lion Copper & Gold Corp. insiders Tony L. Alford and Christine Alford reported acquiring 3,500 common shares on 12/16/2025 at a price of $0.169 per share.
After this transaction, they report beneficial ownership of 85,475,508 common shares held by Tony Alford, 15,234,794 common shares held by Christine Alford, and 43,477,269 common shares held jointly, all as direct ownership positions.
The insiders also list a large portfolio of derivative securities, including stock options over 16,000,000 shares at $0.087 exercisable from 09/05/2025 to 09/05/2030 and additional options over 3,750,000, 4,645,000, 1,000,000 and 4,600,000 shares at exercise prices around $0.06–$0.052 with expirations between 2028 and 2029. They disclose 12% Secured Convertible Debentures convertible at $0.0965 into 14,507,772 common shares maturing on 11/06/2026, and several warrant series over 14,507,772, 14,000,000, 35,946,812 and 9,821,428 shares with exercise prices of $0.0965–$0.056 expiring through 2030. Interest on the debentures may be settled in common shares priced at the time of repayment or conversion at the issuer’s option.
Lion Copper & Gold Corp. insiders reported multiple purchases of common shares. On December 11, 2025, 373,224 shares were purchased at $0.1319, on December 12, 404,850 shares at $0.1518, and on December 15, 321,599 shares at $0.1685.
Following the last reported trade, one reporting person is shown holding 85,472,008 common shares directly, with additional lines reporting 15,234,794 shares held by Christine Alford and 43,477,269 shares held jointly by the reporting persons. They also beneficially own derivative securities, including options over 16,000,000 shares with a $0.087 exercise price, 12% secured convertible debentures and warrants each referencing 14,507,772 common shares at $0.0965, and further options and warrants with exercise prices of $0.052, $0.056 and $0.06. Interest on the debentures may be settled in common shares at the time of repayment or conversion at the issuer’s option.
Lion Copper and Gold Corp. has registered up to 250,344,126 Common Shares for resale by existing security holders. These shares include 99,605,289 currently outstanding shares plus additional shares issuable from March 2024, September 2024, November 2024 and November 2025 warrants and from November 2025 convertible debentures. All sales will be made from time to time by the selling shareholders at market or negotiated prices, and the company will not receive any proceeds from these resales. As context, the company had 413,234,899 Common Shares outstanding as of December 9, 2025. The prospectus highlights that Lion Copper and Gold is an exploration-stage mining company with no operating revenue, a history of losses, significant future capital needs, and numerous operational, regulatory, environmental, market and ownership-concentration risks.
Lion Copper and Gold Corp. has filed an amended U.S. registration statement covering the resale of up to 250,344,126 Common Shares by existing investors. These shares include 99,605,289 already outstanding shares and additional shares issuable from warrants and convertible debentures, such as the March 2024, September 2024, November 2024 and November 2025 warrant series and the November 2025 debentures. The company will not receive any proceeds from these sales, which will be made from time to time by selling shareholders at market or negotiated prices. As of December 9, 2025, Lion Copper and Gold had 413,234,899 Common Shares outstanding. The company is an exploration-stage copper and gold miner focused on its Yerington Copper Project in Nevada, with no operating revenue, a history of losses and a stated need for significant additional capital, and it highlights extensive business, exploration, regulatory, environmental, market, tax and share-price risks for prospective investors.