Lion Copper & Gold (LCU) 10% Owner Tony Alford Buys 11,297 Shares

What Happened

• Tony Alford, a reported 10% owner of Lion Copper & Gold Corp. (LCU), made multiple open-market/private purchases on 2026-09-11, acquiring a total of 11,297 shares. The purchases were in lots of 3,704 shares at $4.91, $4.90 and $4.89, and a smaller lot of 185 shares at $4.98. Reported dollar totals for the four trades sum to approximately $55,365. These were outright purchases (transaction code P), which are generally viewed as a direct purchase of company stock.

Key Details

• Transaction date: 2026-09-11 (reported on Form 4 filed 2026-09-15; filing appears timely).
• Prices and lots: 3,704 shares @ $4.91 ($18,191); 3,704 @ $4.90 ($18,131); 3,704 @ $4.89 ($18,121); 185 @ $4.98 ($922).
• Total shares acquired: 11,297; total reported consideration: ~$55,365.
• Shares owned after the transaction: Not provided in the supplied data.
• Relevant footnotes: holdings noted as held by Tony Alford (F1), by Christine Alford (F2), and jointly (F3). The issuer completed a 1-for-27 share consolidation effective 2026-09-14 and the reported amounts/prices have been retroactively adjusted to reflect that consolidation (F6, F7). Other footnotes reference debenture terms (F4, F5) but do not affect these purchase transactions.
• Filing timeliness: Transaction reported on Form 4 filed 2026-09-15 for a 2026-09-11 trade; this meets the typical two-business-day Form 4 reporting window.

Context

• As a 10% owner, Alford is a significant shareholder rather than necessarily an executive; purchases by 10% owners are informative but do not alone explain intent. The purchases were outright buys (not option exercises or awards) and thus represent fresh cash invested in company stock. The filing notes a recent share consolidation and states that all amounts/prices were adjusted retroactively to post-consolidation figures.