Lion Copper and Gold. Announces Transition to Canadian Securities Exchange

2 min read | September 05, 2024 04:00 AM EDT | By Team Kalkine Media

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Lion Copper and Gold. Announces Transition to Canadian Securities Exchange — Image source: shutterstock

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Lion Copper and Gold Corp. (TSXV:LEO) (OTCQB:LCGMF) has secured conditional approval to list its common shares on the Canadian Securities Exchange (CSE). This move is part of a strategic decision by the Company’s board of directors to transition from the TSX Venture Exchange (TSXV) to the CSE. As a result, Lion CG will voluntarily delist its common shares from the TSXV.

Rationale Behind the Transition

The decision to shift to the CSE is driven by the board’s assessment that the CSE provides a more cost-effective platform with a streamlined regulatory framework. This change aligns with the Company’s current stage of development and operational needs. Despite the change in exchange, Lion CG remains committed to fulfilling all its obligations as a reporting issuer under Canadian securities and SEC regulations.

Expected Timeline for the Transition

Lion Copper and Gold Corp. anticipates that its common shares will be delisted from the TSXV on or about September 19, 2024. The listing on the CSE is expected to commence on or about September 20, 2024, ensuring a seamless transition between the two exchanges.

About Lion Copper and Gold Corp.

Lion Copper and Gold Corp. is a Canadian-based exploration and development company focused on advancing its flagship copper projects in Yerington, Nevada. The Company is advancing these projects through an Option to Earn-in Agreement with Nuton LLC, a venture of Rio Tinto.

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