Lions Bay Capital Inc.

Recent News

  • Lions Bay Capital Inc. Announces Update on Potential Rare Earth Project in Western Victoria, Australia

    Vancouver, British Columbia--(Newsfile Corp. - September 17, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces they have received a high level independent review from SRK Consulting (Australasia) Pty Ltd ("SRK") of the mineral potential of the exploration licences and licence applications of Savic Minerals Pty Ltd ("Savic") in Western Victoria, Australia. As reported in the Company's news release on August 25, 2021, LBI has entered into an option agreement with Savic under which it...

    2021-09-17 9:15 AM EDT
  • Lions Bay Capital Inc. Announces Closing of Non-Brokered Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - September 14, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to announce that it has closed the non-brokered private placement (the "Private Placement") previously announced in its News Release dated August 30, 2021.For the Private Placement, the Company issued a total of 7,048,889 units (each, a "Unit") at $0.08 per Unit for gross proceeds of $563,911. Each Unit consists of one common share and one half of a...

    2021-09-14 5:31 PM EDT
  • Lions Bay Capital Inc. Announces Non-Brokered Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - August 30, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to announce that it has arranged a private placement financing (the "Financing") of up to 7,000,000 units at a price of $0.08 per unit for total gross proceeds of up to $560,000. Each unit consists of one common share and one-half warrant, with each full warrant exercisable into one additional common share at $0.10 for a period of...

    2021-08-30 9:15 AM EDT
  • Lions Bay Capital Inc. Enters into Option Agreement

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that on August 23, 2021 the Company entered into an option agreement, which if exercised, enables the Company to enter into a joint venture ("JV") on promising rare earth exploration licenses in Western Victoria, Australia. The exploration licenses are held by Savic Pty Ltd. ("Savic") and are immediately adjoining and contiguous with the recently announced Koppamurra discovery on the...

    2021-08-25 9:32 AM EDT
  • Lions Bay Capital Inc. Arranges Additional Debt Financing

    Vancouver, British Columbia--(Newsfile Corp. - August 20, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that the Company has arranged a subsequent advance of USD $100,000 from Riverfort Global Capital Ltd. on behalf of Riverfort Global Opportunities PCC Ltd. (the "Lender") on the previously announced amended secured loan facility (see news release on June 30, 2021). The proceeds of this advance will supplement existing cash resources to fulfill a subsequent USD $250,000 tranche of...

    2021-08-20 6:13 PM EDT
  • Lions Bay Capital Inc. Amends Riverfort Debt Facility and Arranges Additional Debt Financing

    Vancouver, British Columbia--(Newsfile Corp. - June 30, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that the Company has amended the secured loan facility ("Loan Facility") with Riverfort Global Capital Ltd. on behalf of Riverfort Global Opportunities PCC Ltd. (the "Lender"). The Loan Facility has amended the previously announced secured facility (see news release on March 15, 2018) and amended on July 4, 2019 to increase the Loan Facility to USD $2.0 million. Concurrent...

    2021-06-30 7:43 PM EDT
  • Lions Bay Capital Inc. Enters into Loan and Option Agreement with Salamander Mining International Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - June 17, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that it has entered into a loan and option agreement with Salamander Mining International Ltd. ("Salamander") as a result of which it may earn a direct cash flow from gold processing within the next year.Under the terms of the agreement Lions Bay will:Loan Salamander $US1 million over the next four months secured by a first charge over its assets;Receive...

    2021-06-17 9:15 AM EDT
  • Lions Bay Capital Inc. Arranges Debt Financing

    Vancouver, British Columbia--(Newsfile Corp. - April 22, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that the Company has arranged a subsequent advance of USD $500,000 from Riverfort Global Capital Ltd. on behalf of Riverfort Global Opportunities PCC Ltd. (the "Lender") on the previously announced secured loan facility (see news release on March 15, 2018) and amended on July 4, 2019. The proceeds of this advance will be used by the Company to participate...

    2021-04-22 8:48 PM EDT