Lion Copper Announces Amendment to Advisory Agreement for Share-for-Service
Lion Group HoldingLion Group Holding(US:LGHL) TMX Newsfile·2025-12-31 16:56

Core Viewpoint - Lion Copper and Gold Corp. has amended its advisory services agreement to allow payment of advisory fees in common shares instead of cash, effective December 1, 2025 [1][2]. Group 1: Advisory Agreement Details - The original advisory agreement, established in April 2025, included a monthly cash retainer of US$10,000 for services such as strategic planning and corporate development [2]. - The amended agreement maintains the same scope and nature of advisory services while changing the payment method to common shares [2][3]. - The number of common shares issued will be based on the 10-day volume-weighted average price of the Company's shares prior to the applicable month [3]. Group 2: Regulatory Compliance - All common shares issued under the amended agreement will comply with applicable securities laws and Canadian Securities Exchange policies, including resale restrictions under Rule 144 of US Securities laws [4]. - The common shares have not been registered under the United States Securities Act of 1933 and cannot be offered or sold in the US without registration or an applicable exemption [5]. Group 3: Company Overview - 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 [6].

Lion Group Holding-Lion Copper Announces Amendment to Advisory Agreement for Share-for-Service - Reportify