Lion Copper closes US$2.7M convertible debenture financing; insider participates with $1.4M

LION COPPER & GOLD CORP.

Closed oversubscribed private placement of secured convertible debentures for gross proceeds of US$2.7M.
Debentures bear 12% annual interest, mature in 12 months, convertible at $0.0965/share.
Issued 27,979,274 warrants exercisable at $0.0965/share until Nov 6, 2030.
Director Tony Alford participated with $1.4M principal, increasing his diluted stake to 46.36%.
Proceeds used to acquire lands and mineral rights for Yerington area projects.

item 3.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

LION COPPER & GOLD CORP. issued convertible note to accredited investors for US$2,700,000.

Security: convertible note
Purchaser: accredited investors
Consideration: US$2,700,000

Exact text from the filing

the Company closed its non-brokered private placement (the " Debenture Financing ") of secured convertible debentures (the " Debentures ") in the principal amount of US$2,700,000.

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172 equity issuances filed in the last 30 days. Browse all equity issuances →

LION COPPER & GOLD CORP. filing history →

Source: SEC EDGAR

accession 0001062993-25-016642

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