Lion Copper and Gold Corp. (OTCQB: LCGMF)
This capital raise reflects a wider movement in the industry, as discussed in
Lion Copper’s convertible debenture offering allows for interest payments in shares and includes warrants exercisable at $0.0965 for a period of 60 months. Of the total funds, $450,000 comes from a related-party investment, which the company intends to exempt under securities laws. The debentures are backed by the newly acquired land and mineral rights, reducing risk for investors and supporting the company’s broader plan to use blockchain for asset management.
The Yerington Copper Project, a key driver of Lion Copper’s expansion, has already shown significant economic promise. Earlier this year, the company published pre-feasibility results indicating a post-tax net present value of $694 million and an internal rate of return of 14.6% at a copper price of $4.30 per pound. By adopting tokenization, Lion Copper aims to boost transparency and allow fractional investment in its copper holdings, potentially drawing in investors interested in digital access to physical commodities.
Industry analysts see these developments as part of a broader transition toward hybrid financial models. "Tokenized RWAs serve as a bridge between legacy markets and decentralized finance, enabling round-the-clock trading and innovative applications such as collateral-backed lending," commented a representative from a blockchain analytics company. This approach fits with Lion Copper’s goal of integrating its assets into a digital environment, which could release liquidity that was previously limited by location and operational constraints.
The company’s leadership change in April 2025, with John Banning taking over as CEO, has further emphasized the push for technological advancement. Banning’s remuneration includes stock options linked to performance and market cap targets, signaling investor trust in the company’s digital transformation strategy.