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Lion CG’s Strategic Financial Maneuver for Capital Boost

Lion CG’s Strategic Financial Maneuver for Capital Boost

Lion Copper And Gold Corp. (TSE:LEO) has released an update.

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Lion Copper and Gold Corp. has announced a private placement aiming to raise up to $1 million by selling units comprised of shares and warrants, with the intention of financing general corporate needs. Additionally, the company has negotiated the conversion of up to $2 million in matured debt into similar units. These financial moves are pending approval from the TSX Venture Exchange and are not registered under U.S. securities laws, restricting their sale in the United States.

For further insights into TSE:LEO stock, check out TipRanks’ Stock Analysis page.

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