Alford Tony L Form 4 LION COPPER & GOLD / Tony L Alford ownership change

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

Alford Tony L

(Last) (First) (Middle)

7040 INTERLAKEN DRIVE

(Street)

KERNERSVILLE NC 27284

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LION COPPER & GOLD CORP. [ LCGMF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/23/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares								538,000	D(1)
Common Shares								15,234,794	D(2)
Common Shares	08/23/2023		P		4,700	A	$0.057	43,314,014	D(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Convertible Debentures	(4)							03/02/2023	11/02/2024	Common Shares	(4)		$1,000,000	D(1)
Convertible Debentures	(5)							02/17/2022	02/17/2024	Common Shares	(5)		$250,000	D(1)
Convertible Debentures	(6)							03/08/2022	03/08/2024	Common Shares	(6)		$300,000	D(1)
Warrants	$0.07							03/02/2023	11/02/2024	Common Shares	14,133,684		14,133,684	D(1)
Warrants	$0.067							02/17/2022	02/17/2024	Common Shares	3,731,343		3,731,343	D(1)
Warrants	$0.067							03/08/2022	03/08/2024	Common Shares	4,477,611		4,477,611	D(1)
Options	$0.06							07/21/2023	07/21/2028	Common Shares	1,000,000		1,000,000	D(1)
Options	$0.06							07/21/2023	07/21/2028	Common Shares	4,600,000		4,600,000	D(1)
Options	$0.245(7)							06/18/2021	06/18/2026	Common Shares	400,000		400,000	D(1)
Options	$0.11(7)							09/17/2021	09/17/2026	Common Shares	1,500,000		1,500,000	D(1)
Options	$0.09(7)							(8)	10/21/2026	Common Shares	1,500,000		1,500,000	D(1)
Options	$0.067							05/25/2022	05/25/2027	Common Shares	700,000		700,000	D(1)
Options	$0.055							08/18/2022	08/18/2025	Common Shares	957,713		957,713	D(1)

1. Name and Address of Reporting Person^*

Alford Tony L

(Last) (First) (Middle)

7040 INTERLAKEN DRIVE

(Street)

KERNERSVILLE NC 27284

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Alford Christine

(Last) (First) (Middle)

7040 INTERLAKEN DR.

(Street)

KERNERSVILLE NC 27284

(City) (State) (Zip)

Explanation of Responses:

1. Held by Tony Alford

2. Held by Christine Alford

3. Held jointly by the reporting persons

4. Conversion price is $0.07 per share until 1-2-24 and thereafter is $0.074 per share

5. Conversion price is $0.067 per share until 6-17-23 and thereafter is $0.078 per share

6. Conversion price is $0.067 per share until 7-8-23 and thereafter is $0.078 per share

7. Price is in Canadian dollars

8. 25% of the options vested immediately upon grant on 10-21-21, 25% vested on 1-21-22, 25% vested on 4-21-22, and 25% vested on 7-21-22

	/s/ Tony L. Alford	08/29/2023
	/s/ Christine Alford	08/29/2023
	** Signature of Reporting Person	Date
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.