Form 4: Lion Copper & Gold Corp: Director Tony L. Alford Reports Beneficial Ownership Changes
SEC Form 4
Tony L. Alford, a director and 10% owner of Lion Copper & Gold Corp., reports changes in beneficial ownership, including the early repayment of convertible debentures.
Summary
- Tony L. Alford, a director and 10% owner of Lion Copper & Gold Corp., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- The report includes transactions related to common shares, options, and warrants.
- Christine Alford, also listed as a 10% owner, jointly filed the form.
- A key transaction was the early repayment of $50,000 in 20% convertible debentures due in 2025 on December 11, 2024.
- Tony Alford directly holds 83,699,622 common shares.
- Christine Alford directly holds 15,234,794 common shares.
- The Alfords jointly hold 43,477,269 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- Shareholders are informed about changes in ownership by key company insiders.
Key Dates
| Date | Description |
|---|---|
| 07/21/2023 | Date of options grant exercisable at $0.06 expiring 07/21/2028 for 1,000,000 Common Shares |
| 07/21/2023 | Date of options grant exercisable at $0.06 expiring 07/21/2028 for 4,600,000 Common Shares |
| 08/18/2022 | Date of options grant exercisable at $0.055 expiring 08/18/2025 for 307,713 Common Shares |
| 02/16/2024 | Date of warrants grant exercisable at $0.06 expiring 02/16/2025 for 833,333 Common Shares |
| 02/16/2024 | Date of 20% Convertible Debentures Due 2025 |
| 03/01/2024 | Date of options grant exercisable at $0.052 expiring 03/01/2029 for 4,645,000 Common Shares |
| 03/08/2024 | Date of warrants grant exercisable at $0.056 expiring 03/08/2029 for 9,821,428 Common Shares |
| 09/19/2024 | Date of warrants grant exercisable at $0.056 expiring 09/19/2029 for 35,946,812 Common Shares |
| 11/08/2024 | Date of warrants grant exercisable at $0.06 expiring 11/08/2029 for 14,000,000 Common Shares |
| 12/10/2024 | Date of options grant exercisable at $0.06 expiring 12/10/2029 for 3,750,000 Common Shares |
| 12/11/2024 | Early repayment of $50,000 in 20% convertible debentures due in 2025. |
| 12/23/2024 | Date of signatures for the Form 4 filing by Tony L. Alford and Christine Alford. |
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