Form 4: Lion Copper & Gold Corp. Director Charles Travis Naugle Acquires 65,000 Shares
SEC Form 4 Filing
Director Charles Travis Naugle reports the acquisition of 65,000 common shares of Lion Copper & Gold Corp. at $0.06 per share.
Summary
- Charles Travis Naugle, a director of Lion Copper & Gold Corp., filed a Form 4 indicating a change in beneficial ownership.
- On February 4, 2025, Naugle acquired 65,000 common shares at a price of $0.06 per share.
- Following the transaction, Naugle directly owns 1,398,333 common shares.
- Naugle also indirectly owns 833,334 common shares through Redhill Energy LLC.
- The filing also details Naugle's direct and indirect ownership of various options and warrants exercisable into common shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares at $0.06 indicates confidence, but the overall impact is limited without additional context.
Positives
- The acquisition of shares by a director could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency regarding the ownership positions of company insiders. This filing indicates a director's recent purchase of company stock.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/17/2021 | Date options for 1,000,000 common shares became exercisable. |
| 02/16/2024 | Date warrants became exercisable. |
| 12/10/2024 | Date options for 3,750,000 common shares became exercisable. |
| 02/04/2025 | Date of the reported transaction (purchase of common shares). |
| 02/05/2025 | Date of signature on the Form 4. |
| 02/16/2025 | Expiration date for warrants. |
| 09/17/2026 | Expiration date for options for 1,000,000 common shares. |
| 07/21/2028 | Expiration date for options for 780,000 common shares. |
| 07/23/2028 | Expiration date for options for 4,385,965 common shares. |
| 12/10/2029 | Expiration date for options for 3,750,000 common shares. |
Keywords
beneficial ownership, Form 4, director, common shares, options, warrants, LCGMF, Lion Copper & Gold Corp.
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.