Lions Bay Capital Inc.

Recent News

  • 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
  • Lions Bay Capital Inc. -Early Warning Report

    Vancouver, British Columbia--(Newsfile Corp. - April 16, 2021) -  Lions Bay Capital Inc. (TSXV: LBI) (the "Acquiror") announces that on April 16, 2021 it acquired ownership of an additional 1,056,000 Units of Fidelity Minerals Corp. (the "Issuer") at a price of $0.125 per Unit for aggregate consideration of $132,000, pursuant to a non-brokered private placement (the "Acquisition"). Each Unit is comprised of one common share and one share purchase warrant. Each warrant entitles the holder to acquire one...

    2021-04-16 7:21 PM EDT
  • Lions Bay Capital Inc. Provides Corporate Update

    Lions Bay earned net profit of $4,647,569 and $7,733,842 for the three and nine months ended Feb 28, 2021The fair value of the Company's investment portfolio is $11.6 million, and the Company has a further $1.4 million in cash and receivables Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces the Company earned a net profit of $4,647,569 for the three months ended February 28, 2021...

    2021-03-09 1:18 PM EST
  • Lions Bay - Early Warning Report

    Vancouver, British Columbia--(Newsfile Corp. - March 5, 2021) -  Lions Bay Capital Inc. (TSXV: LBI) (the "Acquiror") announces that on March 4, 2021 it acquired ownership of an additional 1,000,000 common shares of Fidelity Minerals Corp. (TSXV: FMN) (the "Issuer") at a price of $0.12 per share on the open market for consideration of $120,000 (the "Acquisition").Prior to the Acquisition, the Acquiror owned an aggregate of 21,380,312 common shares of the Issuer, representing approximately 42.84% of the issued and outstanding...

    2021-03-05 7:47 PM EST
  • Lions Bay Capital Inc. Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - February 26, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that the Company has reduced its shareholding in Australian listed water company Parkway Minerals NL ("Parkway") (ASX - PWN) by 58 million shares to 165 million shares or 7.5 per cent of the issued capital. The sale realized CAD $1.43 million in net proceeds. At the same time the Company increased its shareholding in Elementos Limited ("Elementos") (ASX...

    2021-02-26 5:30 PM EST
  • Lions Bay Capital Inc. Reports Earnings for the Period Ended November 30, 2020

    Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to report unaudited net earnings of $3,086,273 or 3 cents a share for the six months ended November 30, 2020. The latest result contrasts with a loss of $529,748 in the comparative period in 2019. Net earnings for the three months ended November 30, 2020 were $969,002 or 1 cent a share compared to earnings of $379,868...

    2021-01-05 4:01 PM EST