0001062993-22-009914.txt : 20220407 0001062993-22-009914.hdr.sgml : 20220407 20220407060744 ACCESSION NUMBER: 0001062993-22-009914 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20220406 FILED AS OF DATE: 20220407 DATE AS OF CHANGE: 20220407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LION COPPER & GOLD CORP. CENTRAL INDEX KEY: 0001339688 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-55139 FILM NUMBER: 22812235 BUSINESS ADDRESS: STREET 1: C/O #1200-750 WEST PENDER STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 2T8 BUSINESS PHONE: 778-898-0057 MAIL ADDRESS: STREET 1: C/O #1200-750 WEST PENDER STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 2T8 FORMER COMPANY: FORMER CONFORMED NAME: QUATERRA RESOURCES INC DATE OF NAME CHANGE: 20050923 6-K 1 form6k.htm FORM 6-K Lion Copper and Gold Corp.: Form 6-K - Filed by newsfilecorp.com

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2022

Commission File Number: 0-55139

LION COPPER & GOLD CORP.
(Translation of registrant's name into English)

1100-1199 West Hastings Street
Vancouver, BC V6E 3T5 Canada

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

[ x ] Form 20-F   [   ] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [           ]

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [           ]


SUBMITTED HEREWITH

Exhibits

Exhibit Description
  
99.1   News Release dated April 6, 2022

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  LION COPPER & GOLD CORP.
  (Registrant)
     
Date: April 6, 2022 By: /s/ Lei Wang
    Lei Wang
     
  Title: Chief Financial Officer

 


EX-99.1 2 exhibit99-1.htm EXHIBIT 99.1 Lion Copper and Gold Corp.: Exhibit 99.1 - Filed by newsfilecorp.com

LION COPPER AND GOLD CORP. ANNOUNCES CLOSING OF SPIN OUT

OF NON-CORE ASSET

April 6, 2022, Vancouver, British Columbia - Lion Copper and Gold Corp. ("Lion CG", the "Company") (TSX-V: LEO) (OTCQB: LCGMF) is pleased to announce that, further to its news release dated February 1, 2022, it has completed the assignment of two option agreements to acquire mining claims collectively referred to as the Butte Valley property (the "Butte Valley Property") to 1301666 B.C. Ltd. ("1301666 BC").

Pursuant to the assignment agreement, Lion CG received 16,049,444 common shares of 1301666 BC. Concurrently with the completion of the assignment of the Butte Valley Property, 1301666 BC closed a private placement for gross proceeds of $3,106,226, through the issuance of 15,531,130 units at a price of $0.20 per unit. Each unit is comprised of one common share and one non-transferable common share purchase warrant exercisable for 24 months at an exercise price of C$0.30 per share. In addition, the Company received a payment of US$500,000 from 1301666 BC as a reimbursement of exploration expenditures and related costs incurred by the Company on the Butte Valley Property.  The Company is also entitled to receive a 1.5% NSR on each of the two optioned properties.

The transaction is a non-arm's length transaction under TSX Venture Exchange rules.

About Lion CG

Lion Copper and Gold Corp. is a Canadian-based company advancing its flagship MacArthur Copper Project in Mason Valley, Nevada, in addition to advancing its exploration projects including the Chaco Bear and Ashton properties in highly prospective regions in British Columbia, Canada, and the Blue Copper Project in Montana, USA.

Further information can be found at www.lioncg.com.

On behalf of the Board of Directors,

Stephen Goodman

President


For more information please contact

Karen Robertson

Corporate Communications

778-898-0057

Email: info@lioncg.com

Website: www.lioncg.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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