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Lion Copper Announces CSE Listing and Voluntary Delisting from TSX-V

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Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) has announced its transition from the TSX Venture Exchange to the Canadian Securities Exchange (CSE). The company has received conditional approval to list its common shares on the CSE and will voluntarily delist from the TSXV. This strategic move is aimed at leveraging the CSE's more cost-effective platform and streamlined regulatory framework, which aligns better with Lion CG's current development stage.

The company expects to delist from the TSXV around September 19, 2024, and list on the CSE around September 20, 2024. Lion CG will maintain its trading symbol "LEO" and continue to be quoted on the OTCQB under "LCGMF". Despite the exchange change, the company assures it will remain a reporting issuer and continue to meet all obligations under Canadian securities and SEC regulations.

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ha annunciato la sua transizione dalla Borsa Venture di TSX alla Borsa Valori Canadese (CSE). L'azienda ha ricevuto l'approvazione condizionata per quotare le proprie azioni ordinarie sulla CSE e si delisterà volontariamente dalla TSXV. Questa mossa strategica mira a sfruttare la piattaforma più economica e il quadro normativo semplificato della CSE, che si allinea meglio con l'attuale fase di sviluppo di Lion CG.

Si prevede che la società si delisterà dalla TSXV intorno al 19 settembre 2024 e sarà quotata sulla CSE intorno al 20 settembre 2024. Lion CG manterrà il proprio simbolo di trading

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ha anunciado su transición de la Bolsa de Valores TSX Venture a la Bolsa de Valores de Canadá (CSE). La empresa ha recibido la aprobación condicional para listar sus acciones comunes en la CSE y se delistará voluntariamente de la TSXV. Este movimiento estratégico tiene como objetivo aprovechar la plataforma más rentable y el marco regulatorio simplificado de la CSE, que se alinea mejor con la etapa actual de desarrollo de Lion CG.

La empresa espera delistarse de la TSXV alrededor del 19 de septiembre de 2024 y cotizar en la CSE alrededor del 20 de septiembre de 2024. Lion CG mantendrá su símbolo de comercio "LEO" y continuará siendo cotizado en el OTCQB bajo "LCGMF". A pesar del cambio de intercambio, la empresa asegura que seguirá siendo un emisor reportante y cumplirá con todas las obligaciones bajo las regulaciones canadienses de valores y SEC.

라이온 구리와 금 주식회사(Lion Copper and Gold Corp.) (TSXV: LEO) (OTCQB: LCGMF)는 TSX 벤처 거래소에서 캐나다 증권 거래소(CSE)로의 전환을 발표했습니다. 이 회사는 CSE에 보통주를 상장하기 위해 조건부 승인을 받았으며 자발적으로 TSXV에서 상장 폐지할 예정입니다. 이 전략적 조치는 CSE의 보다 비용 효율적인 플랫폼과 간소화된 규제 체계를 활용하는 데 중점을 두며, 이는 라이온 CG의 현재 개발 단계와 더 잘 정렬됩니다.

회사는 2024년 9월 19일경에 TSXV에서 상장 폐지하고 2024년 9월 20일경에 CSE에서 상장할 것으로 예상하고 있습니다. 라이온 CG는 거래 기호 "LEO"를 유지하고 OTCQB에서 "LCGMF"로 계속 인용될 것입니다. 거래소 변경에도 불구하고, 회사는 여전히 보고 의무를 유지하고 캐나다 증권 및 SEC 규정에 따라 모든 의무를 이행할 것이라고 보장합니다.

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) a annoncé sa transition de la Bourse de croissance TSX à la Bourse des valeurs canadiennes (CSE). L'entreprise a obtenu une approbation conditionnelle pour l'inscription de ses actions ordinaires à la CSE et se retirera volontairement de la TSXV. Ce mouvement stratégique vise à tirer parti de la plateforme plus économique et du cadre réglementaire simplifié de la CSE, qui s'aligne mieux avec le stade de développement actuel de Lion CG.

La société prévoit de se retirer de la TSXV vers le 19 septembre 2024 et de s'inscrire à la CSE vers le 20 septembre 2024. Lion CG conservera son symbole de négociation "LEO" et continuera d'être coté sur l'OTCQB sous "LCGMF". Malgré le changement de bourse, l'entreprise assure qu'elle restera un émetteur déclarant et continuera de respecter toutes ses obligations selon les règlements canadiens sur les valeurs mobilières et la SEC.

Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) hat seinen Übergang von der TSX-Venture-Börse zur Canadian Securities Exchange (CSE) bekannt gegeben. Das Unternehmen hat eine bedingte Genehmigung erhalten, um seine Stammaktien an der CSE zu listen und wird sich freiwillig von der TSXV abmelden. Diese strategische Entscheidung zielt darauf ab, die kostengünstigere Plattform und den optimierten regulatorischen Rahmen der CSE zu nutzen, die besser mit der aktuellen Entwicklungsphase von Lion CG in Einklang steht.

Das Unternehmen erwartet, rund am 19. September 2024 von der TSXV abgemeldet zu werden und am 20. September 2024 an der CSE gelistet zu werden. Lion CG wird sein Handelssymbol "LEO" beibehalten und weiterhin im OTCQB unter "LCGMF" notiert sein. Trotz des Wechsels der Börse stellt das Unternehmen sicher, dass es ein berichtspflichtiger Emittent bleibt und weiterhin all seinen Verpflichtungen nach den kanadischen Wertpapier- und SEC-Vorschriften nachkommt.

Positive
  • Transition to CSE offers a more cost-effective platform for the company
  • Streamlined regulatory framework on CSE better suits the company's current development stage
  • Company retains its trading symbols on both CSE (LEO) and OTCQB (LCGMF)
Negative
  • Delisting from TSX Venture Exchange may impact investor perception or liquidity

Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) ("Lion CG", or the "Company") announces that it has received conditional approval to list its common shares on the Canadian Securities Exchange ("CSE"). In connection with the listing the Company will voluntarily delist its common shares from the TSX Venture Exchange (the "TSXV").

The board of the directors of the Company has determined that this transition is in the best interests of the Company.

The CSE offers a more cost-effective platform with a streamlined regulatory framework that is well-suited for the Company's current stage of development. Despite the change in exchange, we will continue to meet all obligations as a reporting issuer under Canadian securities and SEC regulations.

The Company expects to delist its common shares from the TSX-V on or about September 19, 2024 and list its common share on the CSE on or about September 20, 2024. The Company will remain a "reporting issuer" under applicable Canadian securities laws throughout the process. The Company will retain the trading symbol "LEO" and its shares will continue to be quoted on the OTCQB under the symbol "LCGMF".

About Lion CG

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

Further information can be found at www.lioncg.com

On behalf of the Board of Directors

Steven Dischler
Chief Executive Officer

For more information please contact:

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

This news release includes forward-looking statements within the meaning of applicable securities laws. Except for statements of historical fact, any information contained in this news release may be a forward‐looking statement that reflects the Company's current views about future events and are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. In some cases, you can identify forward‐looking statements by the words "may," "might," "will," "could," "would," "should," "expect," "intend," "plan," "objective," "anticipate," "believe," "estimate," "predict," "project," "potential," "target," "seek," "contemplate," "continue" and "ongoing," or the negative of these terms, or other comparable terminology intended to identify statements about the future. Forward‐looking statements may include statements regarding the TSXV delisting and the CSE listing. Although the Company believes that it has a reasonable basis for each forward-looking statement, we caution you that these statements are based on a combination of facts and factors currently known by us and our expectations of the future, about which we cannot be certain. The Company cannot assure that the actual results will be consistent with these forward-looking statements. These forward‐looking statements speak only as of the date of this news release and the Company undertakes no obligation to revise or update any forward‐looking statements for any reason, even if new information becomes available in the future.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222176

FAQ

When will Lion Copper and Gold Corp (LCGMF) delist from the TSX Venture Exchange?

Lion Copper and Gold Corp expects to delist its common shares from the TSX Venture Exchange on or about September 19, 2024.

What date will Lion Copper and Gold Corp (LCGMF) list on the Canadian Securities Exchange?

The company anticipates listing its common shares on the Canadian Securities Exchange (CSE) on or about September 20, 2024.

Will Lion Copper and Gold Corp (LCGMF) change its trading symbol after moving to the CSE?

No, Lion Copper and Gold Corp will retain its trading symbol 'LEO' on the CSE and continue to be quoted as 'LCGMF' on the OTCQB.

Why is Lion Copper and Gold Corp (LCGMF) moving from TSXV to CSE?

The company is moving to the CSE because it offers a more cost-effective platform with a streamlined regulatory framework that better suits the company's current stage of development.

LION COPPER & GOLD CORP

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