Form 4: Lion Copper & Gold Corp.: Former Director Stephen J. Goodman Disposes of Shares

Stephen J. Goodman, a former director of Lion Copper & Gold Corp., reports the disposition of common shares and provides an update on his holdings of derivative securities.

Summary

• On August 7, 2024, Stephen J. Goodman disposed of 470,000 common shares at a price of $0.0529 per share, reducing his direct holdings to 238,666 shares.
• On August 8, 2024, Goodman disposed of 122,000 common shares at $0.0509 per share, further reducing his direct holdings to 116,666 shares.
• Goodman also indirectly owns 2,380,952 common shares through 1327094 BC Unlimited Liability Company.
• The report details Goodman's holdings in various options and warrants with different exercise prices and expiration dates.

Sentiment

Score: 4

Explanation: The sentiment is neutral to slightly negative as it reflects a former director disposing of shares, which could be interpreted as a lack of confidence, but it's a routine filing.

Negatives

• The reporting person disposed of a significant number of shares.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders and their potential impact on stock prices.

Stakeholder Impact

• Shareholders may react to the news of a former director selling shares, potentially impacting the stock price.

Key Dates