Charles Travis Naugle Form 4 LION COPPER & GOLD / Charles Travis Naugle 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

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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^*

Naugle Charles Travis

(Last) (First) (Middle)

23768 SHOOTING STAR DR

(Street)

GOLDEN CO 80401

(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	10% Owner
X	Officer (give title below)	Other (specify below)
Co-Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2024

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

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

X	Form filed by One Reporting Person
	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								1,333,333	D
Common Shares								833,334	I	By Redhill Energy LLC

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
14% Convertible Debentures Due 2024	(1)	02/16/2024		D			$120,000	03/02/2023	11/02/2024	Common Shares	(1)	(4)	$0	I	By Nagora Investments LLC
20% Convertible Debentures Due 2025	(5)	02/16/2024		A		$136,202		02/16/2024	02/16/2025	Common Shares	(5)	(4)	$136,202	I	By Nagora Investments LLC
Warrants	$0.06	02/16/2024		A		2,270,027		02/16/2024	02/16/2025	Common Shares	2,270,027	(4)	2,270,027	I	By Nagora Investments LLC
Warrants	$0.07							03/02/2023	11/02/2024	Common Shares	1,696,042		1,696,042	I	By Nagora Investments LLC
Options	$0.06							07/21/2023	07/21/2028	Common Shares	1,000,000		1,000,000	D
Options	$0.06							07/21/2023	07/23/2028	Common Shares	4,385,965		4,385,965	D
Warrants	$0.1							09/27/2021	09/27/2024	Common Shares	833,334		833,334	I	By Redhill Energy LLC
Warrants	$0.067							07/08/2022	03/08/2024	Common Shares	2,113,432		2,113,432	I	By Charles Naugle IRA
Warrants	$0.067							07/08/2022	03/08/2024	Common Shares	86,567		86,567	I	By Charles Naugle Roth IRA
Options	$0.245(2)							06/18/2021	06/18/2026	Common Shares	500,000		500,000	D
Options	$0.11(2)							09/17/2021	09/17/2026	Common Shares	1,500,000		1,500,000	D
Options	$0.067							05/25/2022	05/25/2027	Common Shares	700,000		700,000	D
Options	$0.067							05/25/2022	05/25/2027	Common Shares	1,830,000		1,830,000	D
14% Convertible Debentures Due 2024	(3)	02/16/2024		D			$141,600	07/08/2022	03/08/2024	Common Shares	(3)	(6)	$0	I	By Charles Naugle IRA
20% Convertible Debentures Due 2025	(5)	02/16/2024		A		$174,676		02/16/2024	02/16/2025	Common Shares	(5)	(6)	$174,676	I	By Charles Naugle IRA
Warrants	$0.06	02/16/2024		A		2,911,270		02/16/2024	02/16/2025	Common Shares	2,911,270	(6)	2,911,270	I	By Charles Naugle IRA
14% Convertible Debentures Due 2024	(3)	02/16/2024		D			$5,800	07/08/2022	03/08/2024	Common Shares	(3)	(7)	$0	I	By Charles Naugle Roth IRA
20% Convertible Debentures Due 2025	(5)	02/16/2024		A		$7,155		02/16/2024	02/16/2025	Common Shares	(5)	(7)	$7,155	I	By Charles Naugle Roth IRA
Warrants	$0.06	02/16/2024		A		119,247		02/16/2024	02/16/2025	Common Shares	119,247	(7)	119,247	I	By Charles Naugle Roth IRA
Warrants	$0.067							07/08/2022	03/08/2024	Common Shares	325,275		325,275	I	By Ekaterina Naugle IRA
Warrants	$0.067							07/08/2022	03/08/2024	Common Shares	86,567		86,567	I	By Ekaterina Naugle IRA
14% Convertible Debentures Due 2024	(3)	02/16/2024		D			$21,800	07/08/2022	03/08/2024	Common Shares	(3)	(8)	$0	I	By Ekaterina Naugle IRA
20% Convertible Debentures Due 2025	(5)	02/16/2024		A		$26,892		02/16/2024	02/16/2025	Common Shares	(5)	(8)	$26,892	I	By Ekaterina Naugle IRA
Warrants	$0.06	02/16/2024		A		448,204		02/16/2024	02/16/2025	Common Shares	448,204	(8)	448,204	I	By Ekaterina Naugle IRA
14% Convertible Debentures Due 2024	(3)	02/16/2024		D			$5,800	07/08/2022	03/08/2024	Common Shares	(3)	(9)	$0	I	By Ekaterina Naugle IRA
20% Convertible Debentures Due 2025	(5)	02/16/2024		A		$7,155		02/16/2024	02/16/2025	Common Shares	(5)	(9)	$7,155	I	By Ekaterina Naugle IRA
Warrants	$0.06	02/16/2024		A		119,247		02/16/2024	02/16/2025	Common Shares	119,247	(9)	119,247	I	By Ekaterina Naugle IRA

Explanation of Responses:

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

2. Price is in Canadian dollars.

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

4. The reporting person exchanged $120,000 principal amount of 14% Convertible Debentures Due 2024 and interest accrued thereon to date for $136,202 principal amount of 20% Convertible Debentures due 2025.

5. Conversion price is $0.06 per share.

6. The reporting person exchanged $141,500 principal amount of 14% Convertible Debentures Due 2024 plus interest accrued to date for $174,676 principal amount of 20% Convertible Debentures Due 2025 and 2,911,270 Warrants.

7. The reporting person exchanged $5,800 principal amount of 14% Convertible Debentures Due 2024 plus interest accrued to date for $7,155 principal amount of 20% Convertible Debentures Due 2025 and 119,247 Warrants.

8. The reporting person exchanged $21,800 principal amount of 14% Convertible Debentures Due 2024 plus interest accrued to date for $26,892 principal amount of 20% Convertible Debentures due 2025 and 448,204 Warrants.

9. The reporting person exchanged $5,800 principal amount of 14% Convertible Debentures plus interest accrued to date for $7,155 principal amount of 20% Convertible Debentures and 119,247 Warrants.

	/s/ Charles Travis Naugle	02/16/2024
	** 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).
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