SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Alford Tony L

(Last)(First)(Middle)
7040 INTERLAKEN DRIVE

(Street)
KERNERSVILLE NORTH CAROLINA 27284

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LION COPPER & GOLD CORP. [ LCU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[LCGMD]
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares09/11/2026P3,704(6)A$4.9113(7)3,169,463D(1)
Common Shares09/11/2026P3,704A$4.89513,173,167D(1)
Common Shares09/11/2026P3,704A$4.89243,176,871D(1)
Common Shares09/11/2026P185A$4.98153,177,056D(1)
Common Shares564,252D(2)
Common Shares1,610,269D(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options(6)$2.349(7)09/05/202509/05/2030Common Shares592,593592,593D(1)
Options$1.6212/10/202412/10/2029Common Shares138,889138,889D(1)
Options$1.40403/01/202403/01/2029Common Shares172,037172,037D(1)
Options$1.6207/21/202307/21/2028Common Shares37,03737,037D(1)
Options$1.6207/21/202307/21/2028Common Shares170,370170,370D(1)
12% Secured Convertible Debentures$2.605511/06/202511/06/2026Common Shares(4)537,325(5)537,325D(1)
Warrants$2.605511/06/202511/06/2030Common Shares537,325537,325D(1)
Warrants$1.6211/08/202411/08/2029Common Shares518,519518,519D(1)
Warrants$1.51209/19/202409/19/2029Common Shares1,331,3631,331,363D(1)
Warrants$1.51203/08/202403/08/2029Common Shares363,757363,757D(1)
1. Name and Address of Reporting Person*
Alford Tony L

(Last)(First)(Middle)
7040 INTERLAKEN DRIVE

(Street)
KERNERSVILLE NORTH CAROLINA 27284

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Alford Christine

(Last)(First)(Middle)
7040 INTERLAKEN DR.

(Street)
KERNERSVILLE NORTH CAROLINA 27284

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. Held by Tony Alford
2. Held by Christine Alford
3. Held jointly by the reporting persons
4. The debentures mature and are payable on this date
5. Interest on the debentures may also be settled in common shares of the issuer priced at the time of repayment or conversion of the debentures at the option of the issuer
6. The issuer consolidated its issued and outstanding common shares on the basis of one post-consolidated common share for every 27 pre-consolidated common shares. The effective date of the consolidation was September 14, 2026.
7. All amounts of securities and transaction prices listed in this Form 4 have been retroactively adjusted to reflect the effect of the consolidation, even though the listed transaction occurred prior to the effective date.
/s/ Tony Alford09/15/2026
/s/ Christine Alford09/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)