Lion Copper & Gold Corp. Files 8-K on Leadership Changes
Ticker: LCGMF · Form: 8-K · Filed: Jun 12, 2024 · CIK: 1339688
Sentiment: neutral
Topics: corporate-governance, management-change, filing
TL;DR
Lion Copper & Gold Corp. filed an 8-K on May 22, 2024, detailing changes in directors and officer compensation.
AI Summary
Lion Copper and Gold Corp. announced on May 22, 2024, a significant event related to its directors and officers. The company filed a Form 8-K detailing changes in its board and executive compensation arrangements. This filing is crucial for understanding the company's governance and leadership structure.
Why It Matters
Changes in a company's board of directors and executive compensation can signal shifts in strategy, operational focus, or financial priorities, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Filings related to corporate governance and executive changes can introduce uncertainty about future strategy and leadership stability.
Key Players & Entities
- LION COPPER & GOLD CORP. (company) — Registrant
- May 22, 2024 (date) — Date of earliest event reported
- 775 ) 463-9600 (phone_number) — Registrant's telephone number
- QUATERRA RESOURCES INC (company) — Former company name
- 20050923 (date) — Date of former company name change
FAQ
What specific changes were made to the board of directors or officer positions?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers', but the specific details of these changes are not provided in the excerpt.
What is the nature of the 'Compensatory Arrangements of Certain Officers' mentioned?
The filing states 'Compensatory Arrangements of Certain Officers' as an item of information, suggesting updates or new details regarding executive pay, but the specifics are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 22, 2024.
What is the principal executive office address for Lion Copper and Gold Corp.?
The principal executive offices are located at 143 S Nevada St., Yerington, Nevada, United States, 89447.
What was Lion Copper and Gold Corp. formerly known as?
Lion Copper and Gold Corp. was formerly known as QUATERRA RESOURCES INC.
Filing Stats: 976 words · 4 min read · ~3 pages · Grade level 10.2 · Accepted 2024-06-11 19:23:39
Key Financial Figures
- $200,000 — ment provides for an annual salary of US$200,000 in consideration for his services as an
- $90,000 — ment provides for an annual salary of US$90,000 in consideration for her services. If t
Filing Documents
- form8k.htm (8-K) — 18KB
- 0001062993-24-012427.txt ( ) — 225KB
- lcgmf-20240522.xsd (EX-101.SCH) — 4KB
- lcgmf-20240522_cal.xml (EX-101.CAL) — 1KB
- lcgmf-20240522_def.xml (EX-101.DEF) — 22KB
- lcgmf-20240522_lab.xml (EX-101.LAB) — 45KB
- lcgmf-20240522_pre.xml (EX-101.PRE) — 24KB
- form8k_htm.xml (XML) — 3KB
02 Departure of Directors or Principal Officers; Appointment of Principal Officers
Item 5.02 Departure of Directors or Principal Officers; Appointment of Principal Officers. Charles Travis Naugle ceased to act as the Chief Executive Officer of the Company on May 22, 2024. Stephen Goodman ceased to act as the President, Chief Financial Officer and Corporate Secretary of the Company on May 22, 2024. Steven A. Dischler, age 65, was appointed as the Chief Executive Officer of the Company on May 22, 2024. Prior to his appointment as CEO, Mr. Dischler held the position of Vice President of Environmental, Social and Governance for the Company. He previously served as the President and CEO of the Company from July 2013 to September 2015. The promotion of Mr. Dischler is a reflection of the positive advancement and stage of the Company's Yerington Copper Project, and a testament to the Company's commitment to move the assets towards production with its strategic partner Rio Tinto. Mr. Dischler has over 40 years' of directly relevant experience to the Company's development goals, at the most senior levels in the natural resources sector with a focus on the environment, reclamation, permitting and stakeholder engagement. His recent experience includes over 13 years as a senior executive advancing legacy and new mining projects in the historic Yerington Copper District. In addition, Mr. Dischler has an extensive track record of working constructively with the local communities, including Native American Tribes, governmental agencies, and NGOs in the region. Mr. Dischler holds a B.S. and a M.S. in Mining Engineering. In his immediately previous role with the Company, he has been instrumental in advancing the Yerington Copper Project pursuant to the terms of the joint venture with Nuton LLC, a Rio Tinto Venture. and will build on this track record in his new role as CEO. The Company entered into an employment agreement dated effective May 22, 2024 with Mr. Dischler pursuant to which the Company employs Mr. Dischler as the CEO of the Company. The employment
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Lion Copper and Gold Corp. Date: June 11, 2024 (Registrant) /s/ Steven Dischler Steven Dischler, Chief Executive Officer