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Lion Copper and Gold Corp. Announces Appointment of Officers and Grant of Options
LGHLLion Group Holding(LGHL) Newsfile·2024-07-29 17:00

Executive Appointments - Lion Copper and Gold Corp appoints John Banning as Vice President and Chief Operating Officer, bringing 25 years of experience in mining, with a focus on copper, project design, construction, and operations [1] - Doug Stiles is appointed as Vice President of Sustainability & Environment, with 25 years of expertise in regulatory compliance, permitting, and stakeholder engagement in the mining sector [2] - Both executives have backgrounds in developing high-performance teams and resolving complex operational and regulatory challenges in mining [1][2] Strategic Leadership and Project Advancement - The new leadership appointments aim to strengthen the company's project leadership team in Yerington, Nevada, as it advances the Yerington Copper Project through Pre-Feasibility with Nuton's support [3] - The executives' expertise in permitting, building, and operating mines, including brownfield site development, adds significant value to the team [3] Incentive Stock Options - The company grants incentive stock options to officers, exercisable for five years to purchase up to 7,500,000 common shares at CS0.08(US0.08 (US0.058) per share, subject to vesting based on time and project milestones [3] About Lion Copper and Gold Corp - Lion Copper and Gold Corp is a Canadian-based company advancing its flagship copper assets in Yerington, Nevada, through an Option to Earn-in Agreement with Nuton LLC, a Rio Tinto Venture [3] About Nuton LLC - Nuton is an innovative venture aimed at growing Rio Tinto's copper business, leveraging proprietary copper leaching technologies developed over nearly 30 years [4] - Nuton's technologies enable the economic unlocking of copper from primary sulfide resources, waste, and tailings, with a focus on low environmental footprint and positive societal impact [4] Nuton Technologies - Nuton's proprietary technologies include copper heap leach-related processing and modeling capabilities, developed by Rio Tinto [5]