Lions Bay Capital Inc. announces that the company's 47.39% owned associate, Lions Bay Resources PTY Ltd. has made an offer for all of the assets of the Vantage Goldfields Group . Vantage was placed in Business Rescue following a crown pillar collapse at the Lily mine in 2016 and comprises numerous mining leases in the Barberton region of South Africa with a historical resource inventory of 4.5 million ozs of gold*, a [...]
Lions Bay Capital Inc. is pleased to announce it has signed a binding term sheet for a promissory note from Metals One Plc for CAD $4.0 million. Key Terms of the Loan The Loan is to be advanced by Metals One to Lions Bay on the following terms: CAD $4.0 million to be advanced Proceeds to be applied to investment and working capital purposes 20% interest per annum, payable in arrears Full repayment of principal and [...]
Lions Bay Capital Inc. is pleased to announce that further to the announcements on June 16, 2025 and July 30, 2025, the Company has incorporated a South African company, Lions Bay Resources Ltd. , which will hold the purchase option over the KC Energy cogeneration power plant. Currently, Lions Bay owns 49.9% of LBR with the remaining 50.1% held by a management team lead by Mr. Deon Robbertze. Mr. Robbertze and his [...]
Lions Bay Capital Inc. is pleased to announce that it has closed the second tranche of the non-brokered private placement previously announced on August 11, 2025 and August 28, 2025. The second tranche comprises a total of 3,975,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $397,500. Each Unit will consist of one common share and one-half common share purchase warrant, with each [...]
Lions Bay Capital Inc. is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced on August 11, 2025. The first tranche comprises a total of 6,875,000 units of the Company at a post consolidation price of $0.10 per Unit for aggregate gross proceeds of $687,500. Each Unit consists of one common share and one-half common share purchase warrant, with each full [...]
Lions Bay Capital Inc. provides notice that it intends to complete a consolidation of its common shares on the basis of five pre-Consolidation Common Shares for one post-Consolidation Common Share. As of the date hereof, there are 142,105,852 Common Shares issued and outstanding. On a post-Consolidation basis, the Company shall have approximately 28,421,170 Common Shares issued and outstanding. The Company would also like [...]
Lions Bay Capital would like to clarify its news release from June 16, 2025, and confirm that no Change of Business under TSX-V Policy 5.2 has taken place at the current time and the Company remains an Investment Entity. The decision to exercise an option to purchase a cogeneration power plant in South Africa and modify it to produce power and treat pyritic gold concentrates will only be exercised after extensive due [...]
Lions Bay is pleased to announce: 1 for 5 share consolidation with 28 million shares issued post consolidation Start of transition from an investment entity which entails progressively liquidating non-core assets Option to purchase a Cogeneration Power Plant in South Africa and modify the plant to enable it to roast gold concentrates and gold recovery circuits in addition to power production Convertible Debt note raising [...]
Lions Bay Capital announces the appointment of Ryan Batros as a director of the Company. Mr. Batros has over 17 years of experience in the financial services industry with senior roles in stockbroking, corporate advisory, equity capital markets and investor relations. He brings a vast amount of market knowledge to the board and is a well respected member of the investment community. CEO John Byrne stated: "We are pleased [...]
Lions Bay Capital announces that it has filed its Financial Statements and Management Discussion and Analysis for the three-months ended August 31, 2024, on sedarplus.ca. The Company also advises that two of the Company's principal investments have significantly appreciated in value since the close of the first quarter on August 31, 2024. The current market value of Lions Bay's investment in Fidelity Minerals and Kalina [...]
Lions Bay Capital held its Annual General Meeting of Shareholders on September 12, 2024. All matters put to shareholders were approved by an overwhelming majority. At the Meeting, shareholders voted in favour of electing independent director Patrick Power to the Company's Board. Mr. Power is a seasoned venture capitalist and financier with over 20 years of experience as a stock market professional and as director of [...]
Lions Bay Capital Inc. announces that on June 19, 2024, it acquired ownership of an additional 8,500,000 common shares of Fidelity Minerals Corp. as part a shares for debt transaction where the Acquiror settled $425,000 in outstanding loans at a deemed price of $0.05 . Prior to the Acquisition, the Acquiror owned an aggregate of 42,827,811 common shares of the Issuer, representing approximately 48.23% of the issued and [...]
