4/A: Lion Copper & Gold Corp: Director Tony Alford Amends Ownership Disclosure After Recent Share Acquisitions
SEC Form 4/A
Tony Alford, a director and 10% owner of Lion Copper & Gold Corp., amended his Form 4 filing to reflect recent transactions involving the acquisition of common shares.
Summary
- Tony Alford, a director and 10% owner of Lion Copper & Gold Corp., filed an amended Form 4 to report changes in beneficial ownership.
- The report details several transactions between August 19, 2024, and August 21, 2024, involving the purchase of common shares at prices ranging from $0.052 to $0.053.
- These transactions resulted in Tony Alford directly owning 69,699,622 common shares.
- Christine Alford is also listed as a 10% owner, directly holding 15,234,794 common shares.
- The Alfords jointly hold 43,477,269 common shares.
- Tony Alford also holds derivative securities, including convertible debentures, warrants, and options, exercisable into millions of common shares at various prices and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities and ownership positions. These filings are closely watched by investors seeking insights into management's confidence and potential future actions.
Stakeholder Impact
- The increased ownership stake of Tony Alford could signal confidence in the company's future prospects to shareholders.
- The filing provides transparency to all stakeholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/02/2023 | Date of warrants with an exercise price of $0.07, expiring on 11/02/2024 |
| 07/21/2023 | Date of options with an exercise price of $0.06, expiring on 07/21/2028 |
| 08/18/2022 | Date of options with an exercise price of $0.055, expiring on 08/18/2025 |
| 02/16/2024 | Date of 20% Convertible Debentures Due 2025 and warrants with an exercise price of $0.06 |
| 03/01/2024 | Date of options with an exercise price of $0.052, expiring on 03/01/2029 |
| 03/08/2024 | Date of warrants with an exercise price of $0.056, expiring on 03/08/2029 |
| 08/19/2024 | Date of common share purchases |
| 08/20/2024 | Date of common share purchases |
| 08/21/2024 | Date of common share purchases and original filing date |
| 09/26/2024 | Date of amended filing |
| 11/02/2024 | Expiration date of warrants with an exercise price of $0.07 |
| 02/16/2025 | Due date of 20% Convertible Debentures and expiration date of warrants with an exercise price of $0.06 |
| 08/18/2025 | Expiration date of options with an exercise price of $0.055 |
| 07/21/2028 | Expiration date of options with an exercise price of $0.06 |
| 03/01/2029 | Expiration date of options with an exercise price of $0.052 |
| 03/08/2029 | Expiration date of warrants with an exercise price of $0.056 |
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