Lion Copper and Gold Corp. Receives Additional Nuton Funding of US$5,000,000 at the Yerington Copper Project
Yerington, Nevada--(Newsfile Corp. - November 19, 2024) - Lion Copper and Gold Corp. (CSE: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce that Nuton LLC ("Nuton"), a wholly-owned subsidiary of Rio Tinto, and the Company (the "Parties") have agreed to a Stage 2c Program of Work Amendment. Stage 2c will be completed under the terms of the Option to Earn-in Agreement ("the Agreement"), dated March 18, 2022 and subsequent amendments. See news releases dated March 21,...
2024-11-19 9:00 AM EST
Lion Copper Closes US$1.1 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 8, 2024) - Lion Copper and Gold Corp. (CSE: LEO) (OTCQB: LCGMF) ("Lion CG", or the "Company") has closed its previously announced non-brokered private placement of 25,155,554 units at a price of US$0.045 per unit for gross proceeds of US$1,132,000. Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of US$0.06 until November...
2024-11-08 2:43 PM EST
Lion Copper Announces Unit Private Placement and Issuance of Warrants
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2024) - Lion Copper and Gold Corp. (CSE: LEO) (OTCQB: LCGMF) ("Lion CG", or the "Company") is pleased to announce that it is offering on a non-brokered private placement up to 22,222,222 units (each, a "Unit") at a price of US$0.045 per Unit for gross proceeds of up to US$1,000,000. Each Unit consists of one common share of the Company and one common share purchase warrant. Each warrant will entitle the holder to acquire one...
2024-09-20 9:00 AM EDT
Lion Copper and Gold Announces Drill Results at Yerington Copper Project
Yerington, Nevada--(Newsfile Corp. - September 9, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") today released assay results from its 2024 exploration drilling program at the Yerington and MacArthur properties, which are part of the Company's Yerington Copper Project. The drill program was completed using Stage 2b funding provided under terms of the Company's agreement with Nuton LLC, a Rio Tinto venture (see December 23, 2023, news release). 2024...
2024-09-09 9:00 AM EDT
Lion Copper Announces CSE Listing and Voluntary Delisting from TSX-V
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG", or the "Company") announces that it has received conditional approval to list its common shares on the Canadian Securities Exchange ("CSE"). In connection with the listing the Company will voluntarily delist its common shares from the TSX Venture Exchange (the "TSXV"). The board of the directors of the Company has determined that this transition is in the best...
2024-09-04 5:24 PM EDT
Lion Copper and Gold Announces Yerington Bear Deposit Diamond Drill Results, Hole B-056A Encountered 2,376 ft of 0.40% TCu
Yerington, Nevada--(Newsfile Corp. - August 21, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") today released results from its Bear deposit 2024 exploration drilling program in the Yerington District of Nevada. As a second phase of drilling subsequent to the exploration drilling in 2023 (see Oct 27, 2023, news release), an additional US$1,500,000 (total US$4,000,000) was funded as early advance of the Stage 3 funding for exploration under the...
2024-08-21 11:58 AM EDT
Lion Copper and Gold Corp. Announces Appointment of Officers and Grant of Options
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce the appointment of John Banning as Vice President and Chief Operating Officer and Doug Stiles as Vice President of Sustainability & Environment. Mr. Banning is an experienced mining executive focused on outcomes and excellence through the development of high-performance teams. He is a dynamic leader with 25 years' of...
2024-07-29 1:00 PM EDT
Lion Copper and Gold Announces Commencement of the Yerington Copper Project Pre-Feasibility Study and Drilling Operations
Nevada and Vancouver, British Columbia--(Newsfile Corp. - March 12, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG", the "Company") is pleased to announce the commencement of the Stage 2b and Stage 3 Advance Programs of Work in accordance with the agreement between the Company and Nuton LLC ("Nuton"), a wholly-owned subsidiary of Rio Tinto (see news releases dated March 21, 2022 and October 20, 2023). Total funding of US$11,500,000 will advance the flagship Yerington...
2024-03-12 8:30 AM EDT
Lion Copper and Gold Corp. Announces Positive PEA Results for Its Yerington, Nevada Copper Project That Includes the Use of Rio Tinto's Nuton Technologies
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce the positive results of a Preliminary Economic Assessment ("PEA") on its Yerington Copper Project ("Project") located in Lyon County, Nevada. The PEA envisions an open pit mining strategy followed by a heap leach operation, enhanced by the application of Rio Tinto's Nuton technologies to process primary sulfide copper...
2024-01-30 8:00 AM EST
Lion Copper and Gold Corp. Receives Nuton Funding Decision of US$11,500,000 to Complete the Yerington Copper Project Prefeasibility Study and Exploration on the Bear Deposit
Nevada and Vancouver, British Columbia--(Newsfile Corp. - December 22, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce that Nuton LLC ("Nuton"), a wholly-owned subsidiary of Rio Tinto, has formally opted into Stage 2b of the Option to Earn-in Agreement, details of which were announced on October 20, 2023. Stage 2b provides full funding of US$10 million for completion of a pre-feasibility study for the Yerington Copper Project,...
2023-12-22 10:32 PM EST
Lion Copper and Gold Corp.'s Falcon Copper Corp. Enters into Option to Joint Venture Agreement with Kennecott Exploration Company
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG") announced today that its controlled subsidiary, Falcon Copper Corp. ("Falcon Copper"), has signed an Option to Joint Venture Agreement with Kennecott Exploration Company ("Kennecott"), a subsidiary of Rio Tinto plc, to advance exploration on Falcon's Cabin property and Kennecott's contiguous Muncy Creek property, collectively called the Schell Creek Project,...
2023-11-29 8:02 PM EST
Lion Copper and Gold Corp. Announces Further Expansion of Bear Mineralization
Vancouver, British Columbia--(Newsfile Corp. - October 27, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") today released assay results from its 2023 exploration program in the Yerington District of Nevada. This exploration program was funded by a US$2,500,000 early advance of Stage 3 funding under the Company's agreement with Nuton LLC, a Rio Tinto venture (see February 10, 2023 news release). Five targets were drilled (Figure 1) with the most...
2023-10-27 8:30 AM EDT
Lion Copper and Gold Announces Amendment of Stage 2 Program of Work Agreement
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") announces an amendment to the Stage 2 Program of Work of its Option to Earn-in Agreement ("the Agreement") with Nuton LLC, a Rio Tinto venture, referenced in the Parties' March 18, 2022 Option Agreement. See news releases dated March 21, 2022 and January 5, 2023 for further details. Under the amendment, the term of Stage 2 of the Agreement has...
2023-10-20 8:30 AM EDT
Lion Copper and Gold Provides Update on Water Rights
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") announces an update on its water rights associated with its Yerington copper projects in Lyon County, Nevada (news release dated July 26, 2021). On August 30, 2023 and subsequent to a remand order by Lyon County District Judge Aberasturi dated December 6, 2022, the State Engineer of the Nevada Division of Water Resources has provided notice...
2023-09-01 6:45 PM EDT
Lion Copper and Gold Corp. Announces Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG", the "Company") is pleased to announce a non-brokered private placement of unsecured convertible debentures ("Debentures") for gross proceeds of up to US$1,300,000 (C$1,733,333) (the "Offering"). The Debentures will bear interest at the rate of 14% per annum and will mature on the date that is 20 months from issuance (the "Maturity Date"). The principal amount of...
2023-01-12 3:44 PM EST
Lion Copper and Gold Announces Agreement for Stage Two Work Program with Nuton, a Rio Tinto Venture, and an Advance on Stage 3 Work Program Funding
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2023) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce it has completed the Stage 1 Program of Work and has reached an agreement with Rio Tinto America Inc. ("Rio Tinto") on the scope of the Stage 2 Program of Work with Nuton, a Rio Tinto venture, referenced in the Parties' March 18, 2022 Option Agreement. See news release dated March 21, 2022 for details. Additionally, the...
2023-01-05 5:10 PM EST
Lion Copper and Gold Corp. Announces Positive Mason Valley Exploration Results
Vancouver, British Columbia--(Newsfile Corp. - December 13, 2022) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce the assay results from the Mason Pass prospect surface trenching program, as discussed in the November 10, 2022 press release at its 100%-owned properties at Yerington, Nevada. Lion CG completed this program utilizing funding provided by Rio Tinto as a part of the Stage 1 Work Program. Highlights: At-surface, ore-grade,...
2022-12-13 6:25 PM EST
Lion Copper and Gold Corp. Announces Proposed Shares for Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2022) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG", or the "Company") announces that it has entered into a debt settlement agreement (the "Agreement") with a creditor dated June 22, 2022 whereby the Company has agreed to issue shares to settle debt in the amount of $100,000 owed to the creditor. The debt was incurred pursuant to an option Agreement between the Company and the creditor dated January 26, 2022....
2022-06-23 11:16 AM EDT
Lion Copper and Gold Corp. Closes Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - June 20, 2022) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG", or the "Company") is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement of unsecured convertible debentures ("Debentures") for gross proceeds of US$1,075,000. The Debentures bear interest at the rate of 14% per annum and mature on February 17, 2024. The Debentures may be converted into shares of...
2022-06-20 8:30 AM EDT
Lion Copper and Gold Corp. Announces Termination of Water Rights Sale, Debt Settlement, Grant of Stock Options, and Financing
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2022) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce that it has reached an amicable agreement with Desert Pearl Farms to terminate the contract on the sale of the Company's water rights (as previously announced in a news release dated February 21, 2021). In light of the Company's agreement with Rio Tinto, the return of these water rights to the Company are expected to play a...
2022-05-26 8:30 AM EDT