Lions Bay Capital Inc.

Recent News

  • 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 2:18 PM ET
  • 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 8:47 PM ET
  • 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 6:30 PM ET
  • 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 5:01 PM ET
  • Lions Bay Capital Inc. Announces Closing of Non-Brokered Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - December 22, 2020) - 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 November 17, 2020, as increased in its News Release dated December 14, 2020.For the Private Placement, the Company issued a total of 18,797,143 units (each, a "Unit") at $0.07 per Unit for gross proceeds of $1,315,800. Of the...

    2020-12-22 5:24 PM ET
  • Lions Bay Capital Inc. Announces Upsizing of Previously Announced Non-Brokered Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - December 14, 2020) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to announce that due to strong investor demand it has increased the size of the previously announced non-brokered private placement offering of common shares of the Company (see news release from November 17, 2020) to 18,797,143 units for gross proceeds of $1,315,800. Each unit consists of one common share and one warrant, with each warrant exercisable into one...

    2020-12-14 10:20 AM ET
  • Lions Bay Capital: Early Warning News Release

    Vancouver, British Columbia--(Newsfile Corp. - December 4, 2020) -  Lions Bay Capital Inc. (TSXV: LBI) (the "Acquiror") announces that on December 1, 2020 it acquired ownership of an additional 1,600,000 common shares of Fidelity Minerals Corp. (the "Issuer") at a price of $0.10 per share on the open market for consideration of $160,000 (the "Acquisition"). Prior to the Acquisition, the Acquiror owned an aggregate of 18,515,811 common shares of the Issuer, representing approximately 37.71% of the issued and outstanding common...

    2020-12-04 8:48 PM ET
  • Lions Bay Capital Inc. Announces Non-Brokered Private Placement Financing and The Closing of Previously Announced Shares for Debt Transaction

    Vancouver, British Columbia--(Newsfile Corp. - November 17, 2020) - 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 14,285,715 units at a price of $0.07 per unit for total gross proceeds of up to $1,000,000. Each unit consists of one common share and warrant, with each warrant exercisable into one additional common share at $0.085 for a period of 18 months...

    2020-11-17 10:15 AM ET