Mr. John Banning reports

LION COPPER CORP. COMPLETES SHARE CONSOLIDATION AND NAME CHANGE

Lion Copper Corp., effective today, has completed its previously announced name change from Lion Copper and Gold Corp. to Lion Copper, and consolidated its issued and outstanding common shares on the basis of one postconsolidation common share for 27 preconsolidation common shares.

Effective at the market open today, Sept. 14, 2026, the company's common shares commenced trading on the Canadian Securities Exchange on a postconsolidation basis under the company's new name, Lion Copper, and new trading symbol LCU.

In connection with the name change and share consolidation, the company's OTCQB trading symbol has also changed from LCGMF to LCGMD.

The company's new Cusip number is 53621C 10 1 and its new ISIN is CA 53621C 10 1 4.

Following completion of the consolidation, the company has approximately 15,975,396 common shares issued and outstanding, subject to final rounding adjustments. The exercise or conversion price and the number of common shares issuable under the company's outstanding convertible securities have been proportionately adjusted to reflect the consolidation.

The name change to Lion Copper reflects the company's focus on advancing its copper assets, including its flagship Yerington copper project in Nevada.

The share consolidation was undertaken in connection with the company's application to list its common shares on the Nasdaq Capital Market and is intended to assist the company in satisfying Nasdaq's initial listing requirements, including the applicable minimum bid price requirement. The company's Nasdaq listing application remains subject to Nasdaq review and satisfaction of all applicable listing requirements. There can be no assurance that the company's listing application will be approved or that the company will satisfy the required listing conditions in a timely manner or at all.

John Banning, chief executive officer of Lion Copper, commented:

"The completion of our name change and share consolidation represents another step in Lion's evolution as we continue advancing the Yerington copper project and our broader copper district in Nevada. The Lion Copper name better reflects the company we have become and our focus on developing a significant source of domestic U.S. copper.

"The consolidation also represents an important step in our planned Nasdaq listing process. We believe a Nasdaq listing would provide Lion with greater visibility in the U.S. capital markets, broaden our potential institutional shareholder base, and improve access to long-term sources of capital as we continue advancing Yerington through definitive feasibility study and permitting."

Shareholder information

Registered shareholders holding common shares represented by physical certificates will receive a letter of transmittal from Computershare Trust Company of Canada, the company's transfer agent, with instructions for exchanging their existing certificates for certificates representing postconsolidation common shares.

No action is required by registered shareholders holding their common shares in book-entry form or by non-registered shareholders holding their common shares through a broker, investment dealer, bank, trust company or other intermediary.

No fractional shares were issued in connection with the consolidation. Postconsolidation fractional share entitlements of 0.5 or greater were rounded up to the nearest whole common share and fractional entitlements of less than 0.5 were rounded down to the nearest whole common share. No cash consideration was paid in respect of fractional shares.

About Lion Copper Corp.

Lion Copper is advancing its flagship copper project in Yerington, Nev., through an earn-in agreement with Nuton LLC, a Rio Tinto venture.

We seek Safe Harbor.