Lions Bay Resources Agrees to Be Acquired by Metals One to Form South Africa-Focused Gold and Power Business Led by Former CEO of the Nation's Largest Gold Producer
Pretoria, South Africa--(Newsfile Corp. - October 22, 2026) - Lions Bay Resources Proprietary Limited ("LBR" or the "Company") has entered into a binding term sheet (the "Term Sheet") with its shareholders pursuant to which Metals One Plc (AIM: MET1) (OTCQB: MTOPF) would acquire the interests in LBR that it does not already own. On completion, LBR would become a wholly owned subsidiary of London Stock Exchange AIM-listed Metals One. Metals One's announcement 'Proposed Acquisition of Lions Bay...
2026-10-22 6:31 AM EDT
Status of The Lions Bay Resources Barbrook Business Rescue Plan
Victoria, South Africa--(Newsfile Corp. - August 28, 2026) - On 25th August 2026, Vantage Goldfields released a press statement, wherein they claimed that the "Lions Bay Resources Proposed Transaction to Acquire the Barbrook Mine Has Failed" and further that "Confirmation provided by the South African Mining Regulator means that Lions Bay Resources, owned by Metals One Plc (AIM: MET1) (LSE: MET1) and Lions Bay Capital Inc. (TSXV: LBI), cannot obtain mining regulatory approval, so that the...
2026-08-28 10:07 AM EDT