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Lion Copper and Gold Completes Convertible Debenture Offering

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Lion Copper and Gold Completes Convertible Debenture Offering

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An update from Lion Copper and Gold ( (TSE:LEO) ) is now available.

On November 6, 2025, Lion Copper and Gold Corp. successfully closed its non-brokered private placement of secured convertible debentures, raising US$2.7 million. The debentures, which bear a 12% annual interest rate and mature in 12 months, can be converted into common shares at US$0.0965 per share until November 6, 2026. The proceeds will be used to purchase lands and mineral rights in the Yerington area, with repayment secured against these assets. The issuance included 27,979,274 warrants, allowing holders to acquire shares at the same price until 2030. Tony Alford, a director and control person of the company, participated significantly, acquiring debentures and warrants that could increase his shareholding to 46.36% on a partially diluted basis, highlighting a related party transaction under MI 61-101.

More about Lion Copper and Gold

Lion Copper and Gold Corp. is advancing its flagship copper project in Yerington, Nevada through an Option to Earn-in Agreement with Nuton LLC, a Rio Tinto Venture.

Average Trading Volume: 39,894

Technical Sentiment Signal: Hold

Current Market Cap: C$53.72M

For detailed information about LEO stock, go to TipRanks’ Stock Analysis page.

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