Form 4: Lion Copper & Gold Corp.: Tony L. Alford and Christine Alford Report Changes in Beneficial Ownership

Tony L. Alford and Christine Alford, both director and 10% owner of Lion Copper & Gold Corp., report changes in their beneficial ownership of common shares and warrants.

Summary

• Tony L. Alford and Christine Alford, both a director and 10% owner of Lion Copper & Gold Corp., filed a Form 4 detailing changes in their beneficial ownership.
• The report indicates holdings of common shares and various warrants with different exercise prices and expiration dates.
• Tony Alford directly holds 69,699,622 common shares.
• Christine Alford directly holds 15,234,794 common shares.
• They jointly hold 43,477,269 common shares.
• Tony Alford holds warrants to purchase 35,946,812 common shares at $0.056, expiring on 09/19/2029.
• The report also lists various other warrants and options held by Tony Alford with varying exercise prices and expiration dates.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Management Comments

• These warrants were issued to the reporting person in connection with a previous debt settlement in which certain creditors received shares and warrants and others, including the reporting person, received only shares.
• These warrants were issued to ensure that all creditors receive equal consideration for their debt settlements.

Industry Context

Form 4 filings are a standard part of regulatory compliance for individuals holding significant positions or ownership in publicly traded companies, providing transparency into their transactions and holdings.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership structure of the company.
• The changes in ownership may influence investor sentiment.

Key Dates