{"url_path":"/sec/lcgmf/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1339688/0001062993-26-002695-index.html","accession_number":"0001062993-26-002695","cik":"0001339688","ticker":"LCGMF","issuer_name":"LION COPPER & GOLD CORP.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1339688/0001062993-26-002695-index.html","primary_entity_key":"0001339688","primary_entity_name":"LION COPPER & GOLD CORP."},"word_count":2291,"has_tables":true,"body_markdown":"Lion Copper and Gold Corp.: Form 10-Q - Filed by 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STATES**\n\n**SECURITIES AND EXCHANGE COMMISSION**\n\n**Washington, D.C. 20549**\n\n**FORM 10-Q**\n\n**[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\nFor the quarterly period ended **March 31, 2026**\n\n**[  ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\nFor the transition period from __________________ to __________________\n\n**000-55139**\n\n(Commission File Number)\n\n**LION COPPER AND GOLD CORP.**\n\n(Exact name of registrant as specified in its charter)\n\n**British Columbia, Canada**\n**98-1664106**\n\n(State or other jurisdiction of incorporation or organization)\n (I.R.S. Employer Identification No.)\n\n**143 S Nevada St., Yerington, NV 89447**\n\n(Address of principal executive offices) (Zip Code)\n\n**775-463-9600 **\n\n(Registrant's telephone number, including area code)\n\n**N/A**\n\n(Former name, former address and former fiscal year, if changed since last report)\n\nSecurities registered pursuant to Section 12(b) of the Act:  **None**\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.                                                                                                  Yes [**X**]  No [  ]\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).              Yes [**X**]  No [  ]\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of \"large accelerated filer,\" \"accelerated filer,\" \"smaller reporting company,\" and \"emerging growth company\" in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer [  ]\nAccelerated filer [  ]\n\nNon-accelerated filer [  ] \n\nSmaller reporting company [**X**]\n\n \nEmerging growth company [**X**]\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  [  ]\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [  ]  No [**X**]\n\nIndicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date: **As of May 15, 2026, the registrant's outstanding common stock consisted of 431,137,702 shares.**\n\n**Cautionary Note Regarding Forward-Looking Statements**\n\nThis Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of applicable United States and Canadian securities legislations (\"**Forward-Looking Statements**\"). Forward-Looking Statements reflect the expectations of management and consist of statements that are not only historical fact but also relate to predictions, expectations, belief, plans, projections, objectives, assumptions, future events, or future performance. Forward-Looking Statements may be identified by such terms as \"believes\", \"anticipates\", \"expects\", \"estimates\", \"may\", \"could\", \"would\", \"will\", \"plan\" or similar words. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. The Company cautions investors that any Forward-Looking Statements provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in Forward-Looking Statements as a result of various estimates, risks, and uncertainties. Readers should not place undue reliance on Forward-Looking Statements. Forward-Looking Statements in this annual report and in documents incorporated by reference herein include, but are not limited to, statements with regard to:\n\n• planned exploration activity including both expected drilling and geological and geophysical related activities;\n\n• future foreign exchange rates;\n\n• future sources of liquidity, cash flows and their uses;\n\n• realization of anticipated benefits of acquisitions and dispositions;\n\n• expected levels of operating costs, general and administrative costs, costs of services and others; and\n\n• treatment under government regulation and taxation regimes.\n\nForward-Looking Statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the Forward-Looking Statements, including, without limitation:\n\n• risks related to exploration and development of natural resource properties;\n\n• the uncertain nature of estimating mineral resources and mineral reserves;\n\n• uncertainty in the Company's ability to obtain funding;\n\n• copper price fluctuations;\n\n• recent market events and conditions;\n\n• risks related to governmental regulations;\n\n• risks related to the Company's business being subject to environmental laws and regulations;\n\n• risks related to the Company's inability to meet its financial obligations under agreements to which it is a party; and\n\n• risks related to the Company's ability to recruit and retain qualified personnel.\n\nThese Forward-Looking Statements are based on the beliefs of our management as well as on assumptions made by and information currently available to us at the time such statements were made. We undertake no obligation to update forward-looking statements should circumstances or estimates or opinions change.\n\n**PART I** - **FINANCIAL INFORMATION**"}