• Lion Copper and Gold swung to a net loss of USD 6.39 million, or USD 0.02 per share, for the three months ended March 31, 2026.
• Other expenses climbed to USD 6.26 million, including a non-cash USD 3.76 million loss on its investment in Falcon Copper Corp. and a USD 2.68 million fair-value loss on derivative liabilities.
• Cash and cash equivalents rose to USD 32.44 million at quarter-end from USD 2.36 million at Dec. 31, 2025, while working capital shifted to USD 698,000 from a USD 3.16 million deficiency.
• Stage 3 work at Yerington began, targeting a definitive feasibility study and permitting, with Samuel Engineering named lead DFS consultant and NEXUS Environmental Consultants named lead permitting and environmental consultant.
• Management said it received USD 30.5 million from Nuton in January for Stage 3 activities, lifting aggregate Nuton proceeds under the agreement to USD 58.5 million as of May 15.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lion Copper and Gold Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-002695), on May 15, 2026, and is solely responsible for the information contained therein.