---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-006395"
form_type: "8-K"
ticker: "LCGMF"
cik: "0001339688"
company_name: "LION COPPER & GOLD CORP."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:03:50.228866+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lion Copper and Gold completes $1M private placement and $1.92M debt settlement via shares and warrants

## Summary
- Completed private placement: 23,809,522 units at $0.042/unit for $1M gross, each with a 5-yr warrant at $0.056.
- Settled $1,924,239 of debt by issuing 4,107,998 units and 41,707,215 shares at $0.042 per share.
- Director Tony Alford acquired ~35.9M shares (debt settlement) and ~9.8M units (placement), now ~27.6% undiluted.
- Securities have 4-month Canadian hold and US restrictions; proceeds for working capital.
- Proposed refinance of up to $3.95M of 14% convertible debentures into new 20% debentures or shares for debt.

## SEC filing metadata
- accession: 0001062993-24-006395
- form_type: 8-K
- ticker: LCGMF
- cik: 0001339688
- company_name: LION COPPER & GOLD CORP.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1339688/000106299324006395/0001062993-24-006395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1339688/000106299324006395/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-006395
- JSON: https://secwatch.observer/filing/0001062993-24-006395.json
- Plain text: https://secwatch.observer/filing/0001062993-24-006395.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.