--- schema_version: "secwatch.filing_event.v1" accession: "0001062993-23-015882" form_type: "8-K" ticker: "LCGMF" cik: "0001339688" company_name: "LION COPPER & GOLD CORP." filed_at: "2023-08-07T23:59:59+00:00" generated_at: "2026-06-12T03:54:33.664677+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.4 calibrated_materiality_score: 0.4 confidence: "high" source: SEC EDGAR --- # Lion Copper & Gold shareholders OK TSX-V delisting, new option plan; director Pressello resigns ## Summary - Shareholders approved delisting from TSX Venture Exchange; vote was 55.7M for, 6.8M against. - New 20% fixed stock option plan approved; max options 61,913,595, rolling in existing grants. - Tony Alford authorized to become new control person through warrant exercise or debenture conversion. - On July 21, 2023, granted 23.2M stock options at $0.06, expiring July 21, 2028, to insiders and consultants. - Thomas Pressello resigned as director and Audit Committee Chair effective July 28, 2023, citing no disagreement. ## SEC filing metadata - accession: 0001062993-23-015882 - form_type: 8-K - ticker: LCGMF - cik: 0001339688 - company_name: LION COPPER & GOLD CORP. - filed_at: 2023-08-07T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.4 - calibrated_materiality_score: 0.4 - confidence: high - sec_items: 3.02, 5.02, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/form8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001062993-23-015882 - JSON: https://secwatch.observer/filing/0001062993-23-015882.json - Plain text: https://secwatch.observer/filing/0001062993-23-015882.txt ## Key facts - Executive change Thomas Pressello resigned as director at LION COPPER & GOLD CORP.. - Action: resigned - Role: director source text: Thomas Pressello has resigned from his position as director as of July 28, 2023. evidence_url: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm - Shareholder Votes LION COPPER & GOLD CORP. shareholders approved Approval of the creation of a new control person at the 2023-06-20 meeting. - Outcome: passed - Meeting: 2023-06-20 source text: The shareholders approved, on a disinterested vote basis, an ordinary resolution authorizing Tony Alford, a director of the Company, to exercise warrants to purchase common shares and/or convert convertible debentures into common shares that may result in Mr. Alford becoming a new control person of the Company. For: 109,053,631 Against: 11,444,672 Non Voted: 3 evidence_url: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm - Shareholder Votes LION COPPER & GOLD CORP. shareholders approved Approval of the Company's 20% Stock Option Plan at the 2023-06-20 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-06-20 source text: The shareholders approved the Company's 2023 20% fixed stock option plan. For: 113,055,667 Against: 16,422,955 Non Voted: 47,733,653 evidence_url: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm - Shareholder Votes LION COPPER & GOLD CORP. shareholders approved Approving the delisting from the TSX Venture Exchange at the 2023-06-20 meeting. - Outcome: passed - Meeting: 2023-06-20 source text: The shareholders approved the delisting of the Company from the TSX Venture Exchange. For: 55,745,496 Against: 6,769,547 Non Voted: 47,733,653 evidence_url: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm - Shareholder Votes LION COPPER & GOLD CORP. shareholders approved Appointment of Auditors at the 2023-06-20 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-06-20 source text: The shareholders approved the appointment of MNP LLP as auditors of the Company at a remuneration to be fixed by the directors. For: 175,792,914 Withheld/Abstain: 1,419,360 Non Voted: 1 evidence_url: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm - Shareholder Votes LION COPPER & GOLD CORP. shareholders approved Election of Directors at the 2023-06-20 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-06-20 source text: The following nominees were elected as directors to serve until the next annual general meeting of the shareholders: Charles Travis Naugle For: 114,555,276 Withheld/Abstain: 14,923,346 Non Voted: 47,733,653 Dr. Thomas Patton For: 117,220,409 Withheld/Abstain: 12,237,380 Non Voted: 47,733,653 Stephen Goodman For: 110,009,274 Withheld/Abstain: 19,469,348 Non Voted: 47,733,653 Tony Alford For: 112,484,100 Withheld/Abstain: 16,994,522 Non Voted: 47,733,653 Thomas Pressello For: 121,330,275 Withheld/Abstain: 8,148,347 Non Voted: 47,733,653 evidence_url: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm - Shareholder Votes LION COPPER & GOLD CORP. shareholders approved Fix the number of directors at five at the 2023-06-20 meeting. - Outcome: passed - Meeting: 2023-06-20 source text: The shareholders approved the number of directors to be fixed at five. For: 165,261,142 Against: 11,951,132 Non Voted: 1 evidence_url: https://www.sec.gov/Archives/edgar/data/1339688/000106299323015882/0001062993-23-015882-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.