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Lion Copper and Gold Corp. Announces Appointment of Officers and Grant of Options

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Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) has announced two key appointments to strengthen its leadership team. John Banning has been named Vice President and Chief Operating Officer, bringing 25 years of experience in mining operations with a focus on copper. Doug Stiles joins as Vice President of Sustainability & Environment, contributing 25 years of expertise in regulatory and environmental aspects of mining.

Both executives will be based in Yerington, Nevada, where they will play important roles in advancing the Yerington Copper Project through Pre-Feasibility. CEO Steven Dischler expressed enthusiasm about the new additions, highlighting their experience in developing mining operations on brownfield sites.

The company has also granted incentive stock options to officers, allowing the purchase of up to 7,500,000 common shares at CS$0.08 (US$0.058) per share over a five-year period, subject to vesting conditions.

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ha annunciato due nomine chiave per rafforzare il proprio team di leadership. John Banning è stato nominato Vice Presidente e Direttore Operativo, portando con sé 25 anni di esperienza nelle operazioni minerarie con un focus sul rame. Doug Stiles si unisce come Vice Presidente della Sostenibilità e Ambiente, contribuendo con 25 anni di competenza negli aspetti normativi e ambientali dell'industria mineraria.

Entrambi gli esecutivi avranno sede a Yerington, Nevada, dove svolgeranno ruoli significativi per promuovere il Progetto Rame di Yerington attraverso la Pre-Fattibilità. Il CEO Steven Dischler ha espresso entusiasmo riguardo ai nuovi ingressi, sottolineando la loro esperienza nello sviluppo delle operazioni minerarie in siti di brownfield.

La società ha anche concesso opzioni di acquisto di azioni agli ufficiali, permettendo l'acquisto di fino a 7.500.000 azioni ordinarie a CS$0,08 (US$0,058) per azione nell'arco di cinque anni, soggetto a condizioni di maturazione.

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ha anunciado dos nombramientos clave para fortalecer su equipo de liderazgo. John Banning ha sido nombrado Vicepresidente y Director de Operaciones, aportando 25 años de experiencia en operaciones mineras con enfoque en el cobre. Doug Stiles se une como Vicepresidente de Sostenibilidad y Medioambiente, aportando 25 años de conocimientos en aspectos regulatorios y ambientales de la minería.

Ambos ejecutivos estarán ubicados en Yerington, Nevada, donde desempeñarán roles importantes en el avance del Proyecto de Cobre de Yerington a través de la Pre-Fase de Factibilidad. El CEO Steven Dischler expresó su entusiasmo por las nuevas incorporaciones, destacando su experiencia en el desarrollo de operaciones mineras en sitios de reciclaje.

La compañía también ha concedido opciones sobre acciones de incentivo a funcionarios, permitiendo la compra de hasta 7,500,000 acciones comunes a CS$0.08 (US$0.058) por acción durante un período de cinco años, sujeto a condiciones de adquisición.

라이온 동과 금 주식회사 (TSXV: LEO) (OTCQB: LCGMF)는 리더십 팀 강화를 위한 두 가지 주요 임명을 발표했습니다. 존 배닝은 부사장 겸 COO로 임명되었으며, 구리 분야에 중점을 두고 25년의 광산 운영 경험을 가지고 있습니다. 더그 스타일스는 지속 가능성 및 환경 부사장으로 합류하여 광산의 규제 및 환경적 측면에서 25년의 전문성을 기여합니다.

양 경영진은 네바다주 예링턴에 본사를 두고 있으며, 예링턴 구리 프로젝트의 사전 타당성 조사를 추진하는 중요한 역할을 하게 됩니다. CEO 스티븐 디슐러는 새로운 인사들에 대한 기대감을 표현하며, 브라운필드 사이트에서의 광산 운영 개발 경험을 강조했습니다.

회사는 또한 임원들에게 인센티브 스톡 옵션을 부여하여, 5년 동안 주당 CS$0.08 (US$0.058)으로 최대 7,500,000개의 보통주를 구매할 수 있는 권리를 부여했습니다. 이 조건은 권리가 발생하는 조건에 따릅니다.

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) a annoncé deux nominations clés pour renforcer son équipe de direction. John Banning a été nommé Vice-Président et Directeur des Opérations, apportant 25 ans d'expérience dans les opérations minières avec un accent sur le cuivre. Doug Stiles rejoint l'entreprise en tant que Vice-Président de la Durabilité et de l'Environnement, apportant 25 ans d'expertise dans les aspects réglementaires et environnementaux de l'exploitation minière.

Les deux dirigeants seront basés à Yerington, au Nevada, où ils joueront des rôles importants dans l'avancement du Projet Cuivre de Yerington à travers l'Étude de Faisabilité Préliminaire. Le PDG Steven Dischler a exprimé son enthousiasme à propos des nouvelles recrues, soulignant leur expérience dans le développement d'opérations minières sur des sites bruns.

L'entreprise a également accordé des options d'actions incitatives aux dirigeants, permettant l'achat de jusqu'à 7 500 000 actions ordinaires à CS$0,08 (US$0,058) par action sur une période de cinq ans, sous réserve de conditions d'acquisition.

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) hat zwei wichtige Ernennungen bekannt gegeben, um das Führungsteam zu stärken. John Banning wurde zum Vizepräsidenten und Chief Operating Officer ernannt und bringt 25 Jahre Erfahrung in Bergbauoperationen mit Schwerpunkt auf Kupfer mit. Doug Stiles tritt als Vizepräsident für Nachhaltigkeit und Umwelt bei und bringt 25 Jahre Fachwissen in den regulatorischen und umweltbezogenen Aspekten des Bergbaus ein.

Beide Führungskräfte werden in Yerington, Nevada, angesiedelt sein, wo sie wichtige Rollen bei der Weiterentwicklung des Yerington-Kupferprojekts durch die Voruntersuchungen spielen werden. CEO Steven Dischler äußerte sich begeistert über die neuen Mitglieder und hob deren Erfahrung bei der Entwicklung von Bergbauoperationen auf Brachflächen hervor.

Das Unternehmen hat außerdem Anreiz-Aktienoptionen für Führungskräfte gewährt, die den Kauf von bis zu 7.500.000 Stammaktien zu CS$0,08 (US$0,058) pro Aktie über einen Zeitraum von fünf Jahren ermöglichen, vorbehaltlich der Vesting-Ausschlussbedingungen.

Positive
  • Appointment of experienced mining executives to key leadership positions
  • New executives bring specific expertise in copper mining operations and environmental management
  • Strategic positioning of new leaders in Yerington, Nevada, to advance the Yerington Copper Project
  • Grant of incentive stock options to align officers' interests with company performance
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG" or the "Company") is pleased to announce the appointment of John Banning as Vice President and Chief Operating Officer and Doug Stiles as Vice President of Sustainability & Environment.

Mr. Banning is an experienced mining executive focused on outcomes and excellence through the development of high-performance teams. He is a dynamic leader with 25 years' of corporate, strategic, feasibility, project design, construction and operations experience across numerous commodities with a focus on copper. He has a proven track record in areas of people, risk management and system and process improvement to drive rapid and sustainable business improvement. John will be located in Yerington, Nevada. He has a B.S. in Mining Engineering from Montana Technological University.

Mr. Stiles is an experienced executive with 25 years' experience resolving complex regulatory, operation and project challenges in the mining sector. He has expertise implementing permitting and compliance strategies for mining operations in multiple states, including Nevada. His experience includes working with senior management within federal, state and local regulatory agencies. Doug is skilled at building trusting relationships with diverse project stakeholders including local communities and Indian Tribes near mine sites. Doug has a B.S. in Environmental Engineering from Montana Technological University, and an MBA from Washington State University.

Steven Dischler, CEO of Lion CG stated, "We are delighted to add John and Doug to our project leadership team in Yerington. Their diverse backgrounds and expertise in permitting, building and operating mines, including recent experience in developing a new mining operation on a brownfield site, adds tremendous bandwidth to our team as we advance the Yerington Copper Project through Pre-Feasibility with the support of Nuton."

The Company also announces the grant of incentive stock options to officers of the Company. The options are exercisable for a period of five years to purchase up to 7,500,000 common shares of the Company pursuant at a price of CS$0.08 (US$0.058) per share subject to vesting provisions based on time and project milestones being reached.

About Lion CG (www.lioncg.com, nuton.tech/partnerships)

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.

About Nuton LLC (nuton.tech)

Nuton is an innovative venture that aims to help grow Rio Tinto's copper business. At the core of Nuton is a portfolio of proprietary copper leaching related technologies and capability – a product of almost 30 years of research and development. Nuton offers the potential to economically unlock copper from primary sulfide resources through leaching, achieving market-leading recovery rates, contributing to an increase in copper production from copper-bearing waste and tailings, and achieving higher copper recoveries on oxide and transitional material. One of the key differentiators of Nuton is the ambition to produce the world's lowest footprint copper while having at least one Positive Impact at each of our deployment sites, across our five pillars: water, energy, land, materials and society.

NutonTM Technologies

The NutonTM technologies are proprietary Rio Tinto-developed copper heap leach related processing and modelling technologies, capability and intellectual property.

On behalf of the Board of Directors,

Steven Dischler
Chief Executive Officer
Lion Copper and Gold Corp.

For more information please contact:

Email: info@lioncg.com
Website: www.lioncg.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218116

FAQ

Who are the new executives appointed by Lion Copper and Gold Corp (LCGMF)?

Lion Copper and Gold Corp has appointed John Banning as Vice President and Chief Operating Officer, and Doug Stiles as Vice President of Sustainability & Environment.

What is the focus of Lion Copper and Gold Corp's (LCGMF) current project?

The company is currently advancing the Yerington Copper Project through Pre-Feasibility with support from Nuton.

What stock options were granted by Lion Copper and Gold Corp (LCGMF) on July 29, 2024?

The company granted incentive stock options to officers for up to 7,500,000 common shares at CS$0.08 (US$0.058) per share, exercisable over five years and subject to vesting conditions.

Where will the new executives of Lion Copper and Gold Corp (LCGMF) be based?

Both John Banning and Doug Stiles will be based in Yerington, Nevada, where the company's copper project is located.

LION COPPER & GOLD CORP

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