secwatch.observer — SEC 8-K summary
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Issuer:     LION COPPER & GOLD CORP. (LCGMF)
CIK:        0001339688
Form:       8-K
Filed at:   2024-09-24T23:59:59+00:00
Accession:  0001062993-24-016969
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lion Copper announces US$1M private placement and issues 41.7M warrants to creditors
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- Non-brokered private placement of up to 22.2M units at US$0.045/unit for gross proceeds up to US$1M.
- Each unit consists of one common share and one warrant exercisable at US$0.06 for five years.
- Net proceeds used for working capital and debt repayment.
- Also issued 41.7M warrants to certain creditors at US$0.056 exercise price, five-year term.
- Warrants issued to level consideration for prior debt settlement with creditors, including insiders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1339688/000106299324016969/0001062993-24-016969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1339688/000106299324016969/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-016969

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