Lion Copper Receives US$5 Million Additional Nuton Funding, Proposes Early Repayment of Convertible Debentures, Adopts Rolling Stock Option Plan and Grants Stock Options
Lion Copper Receives US$5 Million Additional Nuton Funding, Proposes Early Repayment of Convertible Debentures, Adopts Rolling Stock Option Plan and Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Lion Copper and Gold Corp. (CSE: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce the receipt of an additional US$5,000,000 in funding from Nuton LLC, a wholly-owned subsidiary of Rio Tinto, under the Stage 2c Program of Work Amendment. The US$5,000,000 funding will be used to perform advanced studies and completion of the pre-feasibility study at the Yerington Copper Project (refer to news release dated November 19, 2024).
溫哥華,不列顛哥倫比亞省--(資訊文件CORP - 2024年12月11日) - 獅子銅金CORP(CSE: LEO)(OTCQB: LCGMF)("獅子CG"或"公司")很高興地宣佈,從力拓全資子公司Nuton LLC獲得額外500萬美元的資金,屬於工作計劃修正案第2c階段。這500萬美元的資金將用於在耶靈頓銅礦項目進行先進研究和完成可行性研究的前期階段(請參考2024年11月19日的新聞稿)。
Early Repayment of Convertible Debentures
可轉換債券的提前償還
The Company has proposed early cash repayment by December 15, 2024, of its outstanding convertible debentures totaling US$941,813, originally due on February 16, 2025 (the "Debentures"). The debt repayment will be made from the Company's corporate account.
公司提議在2024年12月15日之前提前現金償還其未償還的可轉換債券,總額爲941,813美元,原定於2025年2月16日到期("債券")。債務償還將從公司的企業帳戶中進行。
The Debentures carry an annual interest rate of 20%, with a maturity of 12 months. At the holder's option, the Debentures are to be repaid in cash or are convertible into common shares of the Company at a price of US$0.06 (C$0.08) per share. Accrued interest may also be converted into common shares of the Company at a conversion price equal to the market price at the conversion date.
這些債券的年利率爲20%,到期爲12個月。根據持有人的選擇,這些債券可以以現金方式償還,或按每股0.06美元(加元0.08元)的價格轉換爲公司的普通股。應計利息也可以按轉換日的市場價格轉換爲公司的普通股。
The early repayment initiative aims to eliminate the Company's debt level.
提前償還的舉措旨在消除公司的債務水平。
Adoption of Rolling Stock Option Plan
採用滾動股票期權計劃
The Company's Board of Directors has approved the adoption of a new rolling stock option plan (the "Plan"), replacing the previous fixed stock option plan.
公司的董事會已批准採用新的滾動股票期權計劃("計劃"),以取代之前的固定股票期權計劃。
The new Plan complies with the policies of the Canadian Securities Exchange, allowing the Company to reserve up to 20% of its issued and outstanding shares for stock option issuances. This structure provides increased flexibility to attract, retain, and motivate key personnel critical to the Company's growth.
新計劃遵循加拿大證券交易所的政策,允許公司爲股票期權發放保留最多20%的已發行和流通的股票。這一結構爲吸引、留住和激勵對公司增長至關重要的關鍵人員提供了更大的靈活性。
Grant of Incentive Stock Options
激勵股票期權的授予
Under the new Plan, the Company has granted an aggregate of 17,160,000 stock options to certain directors, officers, employees and consultants. The options are exercisable at a price of C$0.085 (US$0.06) per share and will expire five years from the date of grant.
根據新計劃,公司已向某些董事、高管、員工和顧問授予了總共17,160,000個股票期權。期權的行使價格爲每股C$0.085(US$0.06),自授予之日起五年內到期。
About Lion CG
關於Lion CG
Lion Copper and Gold Corp. is a Canadian-based company advancing its flagship copper assets at Yerington, Nevada through an Option to Earn-in Agreement with Nuton LLC, a Rio Tinto Venture.
獅子銅和黃金公司是一家總部位於加拿大的公司,通過與Nuton LLC簽署的期權獲取協議,推進其在內華達州耶靈頓的旗艦銅資產,而Nuton LLC是力拓的創業公司。
On behalf of the Board of Directors,
Steven Dischler
Chief Executive Officer
775-463-9600
For more information please contact:
Email: info@lioncg.com
Website:
代表董事會,
史蒂文·迪施勒
首席執行官
775-463-9600
欲了解更多信息,請聯繫人:
電子郵件: info@lioncg.com
網站:
Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
加拿大證券交易所(CSE)及其監管服務提供者(根據CSE的政策定義該術語)不對本發佈的充分性或準確性承擔責任。
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "will", or the negative of these terms and similar expressions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of Lion CG to implement its business strategies; competition; currency and interest rate fluctuations and other risks.
本新聞稿中的某些信息構成適用證券法下的前瞻性聲明。本新聞稿中包含的任何不是歷史事實的聲明可能被視爲前瞻性聲明。前瞻性聲明通常通過 "可能"、"將"或這些術語的否定和類似表述來識別。前瞻性聲明必然涉及已知和未知的風險,包括但不限於一般經濟狀況;不利的行業事件;市場營銷成本;市場損失;未來立法和監管動態;無法從內部和外部來源獲得足夠的資本,和/或無法以有利條件獲得足夠的資本;Lion CG 實施其業務策略的能力;競爭;貨幣和利率波動以及其他風險。