Lions Bay Capital Inc.

Recent News

  • Lions Bay Capital Inc. Agrees to Acquire South African Gold Assets

    Vancouver, British Columbia--(Newsfile Corp. - September 14, 2020) -  Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that it has entered into a heads of agreement with Salamander Mining International Limited ("Salamander") under which LBI will have the right, subject to various conditions, to acquire an interest in a South African gold mine and milling complex. The companies that currently own the mines and mills are under bankruptcy protection and Salamander is a major creditor. Salamander...

    2020-09-14 4:50 PM ET
  • Lions Bay Capital Inc. Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) -  Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") advises that the market value of its listed portfolio has increased from $3.4 million as at May 31,2020 to $6.0 million as at August 31,2020. In addition, the Company had receivables of $100,292 and liabilities of $1.7 million as at August 31, 2020. Lions Bay is highly leveraged to small price movements in its investments, all of which are progressing...

    2020-09-01 9:20 AM ET
  • Lions Bay Capital Inc. Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - June 30, 2020) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") provides a corporate update and announces that the market value of the company's listed share portfolio as at May 31, 2020 was $3.4 million. In addition, the company had receivables of $223,000 and creditors totalling $1.25 million. The Company is highly leveraged to small price movements in its investments all of which are progressing major resource projects. The Company has...

    2020-06-30 8:45 AM ET
  • Lions Bay Capital to Become Major Shareholder in Parkway Minerals and Davenport Resources

    Vancouver, British Columbia--(Newsfile Corp. - August 6, 2019) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to advise that Parkway Minerals NL ("Parkway Minerals"), an Australian Stock Exchange (ASX) listed fertiliser minerals company, has signed binding term sheets to acquire 97.79% of the outstanding shares in Consolidated Potash Corporation (CPC), (the "Transaction"), including 100% of the shares held by Lions Bay.Lions Bay is currently the largest shareholder of CPC (owns 48% of the issued...

    2019-08-06 8:50 AM ET
  • Lions Bay: Consolidated Potash Corporation Establishes Joint Venture with Verdant Minerals

    Vancouver, British Columbia--(Newsfile Corp. - February 7, 2019) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or "the Company") is pleased to advise that Consolidated Potash Corporation (CPC), an entity controlled and being consolidated by the Company has satisfied requirements to acquire an initial 15% of the Karinga Lakes Sulphate of Potash (SOP) project and establish a JV with Verdant Minerals (ASX: VRM).A full copy of the announcement published on the Australian Securities Exchange (ASX) on 7 February...

    2019-02-07 2:01 PM ET
  • Lions Bay Capital Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - January 7, 2019) -  Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or "the Company") is pleased to provide a corporate update on recent activities and important upcoming milestones.Corporate UpdateMontan Mining Corp. (TSXV: MNY)Consolidated Potash Corporation (Unlisted: CPC)Elementos (ASX: ELT)Kalina Power Limited (ASX: KPO)Jervois Mining Limited (ASX: JRV)Seed PositionsOverviewLions Bay was recently established to focus on high return investment opportunities, principally in the mining, clean energy and clean technology sectors. The business strategy is based...

    2019-01-07 3:35 PM ET
  • Lions Bay Provides Update on Progress to Acquire the Balance of Consolidated Potash Corporation

    Vancouver, British Columbia--(Newsfile Corp. - November 16, 2018) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay") Further to its May 4, 2018 news release Lions Bay is pleased to provide the following update regarding Consolidated Potash Corporation (CPC):Lions Bay has received acceptances from CPC shareholders representing approximately 99.94% of the CPC shares offered for and expects to complete the acquisition before the end of the calendar year.CPC continues to make progress in growing the prospective project pipeline and...

    2018-11-16 3:49 PM ET
  • Lions Bay Announces Underwriting of Elementos Placement as Step in the Creation of a Large Diversified Tin Company

    Vancouver, British Columbia--(Newsfile Corp. - July 31, 2018) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or "the Company") advise the Company has agreed to underwrite a placement of 200 million shares in Elementos Ltd at A$0.006 cents a share to raise A$1.2 million. The placement is expected to be sub underwritten with closing in September. Lions Bay will be paid a fee for arranging the Elementos placement, as well as for corporate advisory services, of 100 million...

    2018-07-31 8:42 AM ET