Banning John 4
4 · LION COPPER & GOLD CORP. · Filed Apr 21, 2025
Insider Transaction Report
Form 4
Banning John
Chief Executive Officer
Transactions
- Purchase
Common Shares
2025-04-17$0.10/sh+344,875$35,074→ 344,875 total - Purchase
Common Shares
2025-04-21$0.12/sh+233,910$27,999→ 578,785 total
Holdings
- 7,500,000
Options
Exercise: $0.08Exp: 2030-04-04→ Common Shares (7,500,000 underlying) - 2,500,000
Options
Exercise: $0.06Exp: 2029-07-26→ Common Shares (2,500,000 underlying)
Footnotes (3)
- [F1]Weighted average price
- [F2]3,750,000 options will vest upon the issuer achieving a market capitalization of US$100,000,000, and 3,750,000 options will vest upon the issuer achieving a market capitalization of $200,000,000
- [F3](1) 500,000 options vested on 7-26-24; (2) 1,000,000 options will vest upon completion of Stage 2b and, if applicable, Stage 2c pursuant to the terms of the option agreement between Singatse Peak Services, LLC and Rio Tinto America Inc. ("Rio Tinto") dated 3-18-22 (the "RT Agreement"), as currently amended or as may in the future be amended, and (3) 1,000,000 options will vest upon entering Stage 3 by Nuton, LLC or Rio Tinto in accordance with the RT Agreement.