On September 14, 2026, Lion Copper Corp. announced the completion of a name change and a 27-for-1 share consolidation. The company, previously known as Lion Copper and Gold Corp, has officially changed its name to Lion Copper Corp. The share consolidation involved exchanging twenty-seven (27) pre-consolidation common shares for one (1) post-consolidation common share.
Effective at the market open on September 14, 2026, the company's common shares began trading on the Canadian Securities Exchange (CSE) under the new name and the new trading symbol "LCU." The company's OTCQB trading symbol was also updated from "LCGMF" to "LCGMD." The new CUSIP number for the company is 53621C101, and the new ISIN number is CA53621C1014.
Following the consolidation, the company has approximately 15,975,396 common shares issued and outstanding, subject to final rounding adjustments. The exercise or conversion price and the number of common shares issuable under the company's outstanding convertible securities have been proportionately adjusted to reflect the consolidation.
The company stated that the name change reflects its focus on advancing its copper assets, including its flagship Yerington Copper Project in Nevada. The share consolidation was undertaken in connection with the company's application to list its common shares on the Nasdaq Capital Market, intended to assist in satisfying Nasdaq's initial listing requirements, including the applicable minimum bid price requirement. The company noted that its Nasdaq listing application remains subject to Nasdaq review and satisfaction of all applicable listing requirements, with no assurance of approval.
Regarding shareholder administration, registered shareholders holding physical certificates will receive a letter of transmittal from Computershare Trust Company of Canada with instructions for exchanging their certificates. No action is required by shareholders holding shares in book-entry form or through an intermediary. No fractional shares were issued; entitlements of 0.5 or greater were rounded up to the nearest whole share, while those less than 0.5 were rounded down.
