Lion Copper and Gold Corp. Announces Option Grants 

July 2, 2024, Vancouver, British Columbia — Lion Copper and Gold Corp. (“Lion CG or the “Company”) (TSX-V: LEO) (OTCQB: LCGMF) announces that it has granted stock options pursuant to its fixed stock option plan to a director of the Company to purchase up to an aggregate of 1,700,000 common shares of the Company. The stock options are exercisable at a price of C$0.08 (US$0.058) per share and expire on June 28, 2027. 

About Lion CG (www.lioncg.comnuton.tech/partnerships

Lion Copper and Gold Corp. is a Canadian-based company advancing its flagship copper assets at Yerington, Nevada through an Option to Earn-in Agreement with Nuton LLC, a Rio Tinto Venture. 

On behalf of the Board of Directors,

Steven Dischler

Chief Executive Officer

For more information please contact:

Email: info@lioncg.com

Website: www.lioncg.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “will”, or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements with respect to the terms of the Offering, the Debt Settlement transaction, and receipt of TSX Venture Exchange acceptance of the Offering and the Debt Settlement. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the ability of Lion CG to implement its business strategies; competition; currency and interest rate fluctuations and other risks.