Lion Copper and Gold Corp. is pleased to announce it has completed the Stage 1 Program of Work and has reached an agreement with Rio Tinto America Inc. 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 Parties have also agreed to an early advance of the Stage 3 Program [...]
Lion Copper and Gold Corp. 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, copper oxide mineralization has been encountered in [...]
Lion Copper and Gold Corp. announces that it has entered into a debt settlement 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. Pursuant to the Agreement the Company will issue 1,212,121 common shares [...]
Lion Copper and Gold Corp. is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement of unsecured convertible 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 the Company at US$0.067 per share until June 17, 2023 and [...]
Lion Copper and Gold Corp. 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 . In light of the Company's agreement with Rio Tinto, the return of these water rights to the Company are expected to play a critical role in the reclamation and development of the MacArthur and Yerington projects. As a consequence of the [...]
Lion Copper and Gold Corp. is pleased to announce it has reached final agreement with Rio Tinto America Inc. on the scope of the Stage 1 Program of Work referenced in the Parties' March 18, 2022 Option Agreement. See news release dated March 21, 2022 for details. With this key milestone achieved, Rio Tinto will provide funding to the Company in the amount of US$3,750,000 for Mason Valley project development, exploration [...]
Lion Copper and Gold Corp. announces that its annual general meeting of shareholders will be held May 18, 2022 at 10:00 a.m. . This year the Company will provide shareholders with the option to attend the AGM virtually by video conference. Shareholders attending virtually will not have the ability to vote in person and must submit their form of proxy in order to have their shares counted and voted at the meeting [...]
Lion Copper and Gold Corp. is pleased to announce that further to its March 21, 2022 news release, the TSX Venture Exchange has approved the Company's Option to Earn-in Agreement with Rio Tinto America Inc. dated March 18, 2022. Under the Agreement, Rio Tinto has the option to earn up to a 75% interest in the Company's Mason Valley, NV assets, including the historic Yerington mine, greenfield MacArthur Project, Wassuk [...]
Lion Copper and Gold Corp. announces that it has agreed to settle $80,000 of debt with a creditor by issuing 800,000 common shares of the Company at a deemed price of $0.10 per share. The amount of indebtedness represents outstanding amounts owing for services provided to the Company. The issuance of the common shares in connection with the debt settlement is subject to the approval of the TSX Venture Exchange and will be [...]
Lion Copper and Gold Corp. is pleased to announce that, further to its news release dated February 1, 2022, it has completed the assignment of two option agreements to acquire mining claims collectively referred to as the Butte Valley property to 1301666 B.C. Ltd. . Pursuant to the assignment agreement, Lion CG received 16,049,444 common shares of 1301666 BC. Concurrently with the completion of the assignment of the Butte [...]
Lion Copper and Gold Corp. . Dear Shareholders, I would like to express my appreciation for your support of Lion CG and provide an update on our business related to our Mason Valley assets. Lion CG's position in Nevada's Yerington Mining District is strategic, including a large, centrally located land package, topography suitable for district-scale mining infrastructure, and significant exploration upside. We believe that [...]
Lion Copper and Gold Corp. is pleased to announce it has entered into an Option to Earn-in Agreement with Rio Tinto America Inc. to advance studies and exploration at Lion CG's copper assets in Mason Valley, Nevada. Under the agreement, Rio Tinto has the option to earn a 65% interest in the assets, comprising 34,494 acres of land, including the historic Yerington mine, greenfield MacArthur Project, Wassuk property, the [...]
