LION COPPER & GOLD CORP.

Lion Copper Corp. announced an increase in the annual base salary for its Chief Executive Officer, John Banning. Effective September 1, 2026, Mr. Banning's salary will rise from US$250,000 to US$375,000. This adjustment, approved by the Board of Directors upon the recommendation of the Compensation Committee, does not alter any other material terms of his existing employment agreement.

Lion Copper & Gold Corp. reported a net loss of $(10.48) million for the six months ended June 30, 2026, an increase from $(4.00) million in the prior year. Despite the increased loss and an accumulated deficit of $126.30 million, the company significantly improved its cash position to $24.52 million and achieved positive working capital of $1.43 million. The company's operations are substantially funded by the Nuton LLC earn-in agreement, which contributed $30.50 million in funding during January 2026, bringing cumulative funding to $58.50 million.

Lion Copper & Gold Corp. announced the acquisition of approximately 183 acres of strategic lands within the Bear project area of the Yerington Copper District, Nevada. This move is part of the company's ongoing strategy to consolidate property interests to support future exploration, engineering, permitting, and long-term project development. The acquired lands are expected to provide greater flexibility for infrastructure planning and operational layouts. The Bear Deposit is also part of an earn-in agreement with Nuton, a Rio Tinto subsidiary, which may earn a 65% interest in the mining assets by funding various activities, though its interest has not yet vested.

Lion Copper & Gold Corp. announced its maiden Mineral Resource Estimate (MRE) for the Bear Deposit within its Yerington Copper Project in Nevada. The MRE includes an Indicated Resource of 6.71 billion pounds of contained copper and an Inferred Resource of 8.77 billion pounds of contained copper. This significantly enhances the scale and long-term potential of the project, providing a strong foundation for future engineering studies and offering opportunities for further resource expansion and upgrading. The Bear Deposit is also part of an existing Earn-in Agreement with Nuton LLC, a subsidiary of Rio Tinto.

Lion Copper & Gold Corp. announced that Douglas Stiles has transitioned from his executive management role as Vice President of Sustainability and Environment. Mr. Stiles' resignation, effective August 31, 2026, was voluntary and not a result of any disagreement with the company. He will continue to provide advisory support on strategic permitting, environmental, and project development matters.

Lion Copper and Gold Corp. announced its Annual General Meeting of Shareholders to be held on August 12, 2026. Key proposals for shareholder vote include the election of five directors, re-appointment of MNP LLP as auditor, and the adoption of the 2026 Stock and Incentive Plan. Most notably, shareholders will consider a share consolidation at a ratio between 1-for-20 and 1-for-30, and an amendment to increase the quorum requirement for shareholder meetings.

Lion Copper & Gold Corp. has appointed Maria Milagros Paredes as its new Chief Financial Officer and Corporate Secretary, effective June 22, 2026. Ms. Paredes, a seasoned mining and finance executive with over 30 years of experience, succeeds Lei Wang, who will continue with the company in an advisory capacity. Her compensation package includes an annual base salary of $200,000, a $20,000 relocation payment, and a significant option grant tied to company performance and listing milestones.

Lion Copper & Gold Corp. reported a net loss of $(6.39) million for the first quarter of 2026, an increase from $(2.32) million in the prior year. Despite the increased loss, the company saw a substantial improvement in its cash position, with cash and cash equivalents rising to $32.44 million, primarily due to a significant increase in the Nuton LLC deposit. Working capital also turned positive, moving from a deficiency to a surplus.

Lion Copper & Gold Corp. announced significant progress on its Yerington Copper Project, including the finalization of the Definitive Feasibility Study (DFS) consultant team. The company also completed an on-site workshop and initiated multiple drilling programs, marking key milestones in advancing the project.