In a recent move, Tony L. Alford, a director and significant shareholder of Lion Copper & Gold Corp. (OTCMKTS:LCGMF), has increased his stake in the company by purchasing additional shares. According to the latest regulatory filings, Alford acquired shares worth approximately $47,919, with prices ranging from $0.055 to $0.0583 per share.
The transactions, which took place on June 12 and 13, 2024, involved the purchase of several lots of common shares, with the largest single purchase being 292,000 shares at $0.055 each. Following these purchases, Alford’s stake in Lion Copper & Gold Corp. has increased significantly, reinforcing his confidence in the company’s prospects.
Lion Copper & Gold Corp., which operates in the metal mining sector, has seen its executives actively participate in the market, reflecting their belief in the value of the company. These insider trades often give investors insight into executives’ views on the company’s financial health and future results.
Investors and market watchers closely monitor these insider activities for signs that may indicate the company’s trajectory. Alford’s recent investments in Lion Copper & Gold Corp. could be interpreted as a positive sign, suggesting that the manager sees potential for growth or undervaluation at current share prices.
It should be noted that the reported transactions represent the direct ownership of Tony Alford, as indicated in the footnotes of the regulatory documents. The filings also reveal Christine Alford’s holdings and the joint holdings of the filers, providing a complete view of insider holdings in Lion Copper & Gold Corp.
Investors interested in Lion Copper & Gold Corp. can follow the company’s development and insider activities to obtain more information that can influence their investment decisions. The company’s shares trade under the symbol LCGMF on OTC markets.
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