Lions Bay Capital Inc. News Releases

Lions Bay Capital Provides Clarification Regarding Its Relationship with Lions Bay Resources

Wed, 22 Apr 2026 09:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - Lions Bay Capital Inc. (TSXV: LBI) ("LBI" or "Lions Bay" or the "Company") is issuing this news release to clarify the nature of its relationship with Lions Bay Resources (Pty) Ltd. ("LBR") and the extent of the Company's role in LBR's proposed acquisition of certain assets of Barbrook Mines (Pty) Ltd ("Barbrook") and Makonjwaan Imperial Mining Company (Pty) Ltd ("MIMCO") (together with Vantage Goldfields (Pty) Ltd, the "Vantage...

Lions Bay Capital Announces Update Regarding Lions Bay Resources' Offer for Barbrook and MIMCO

Fri, 17 Apr 2026 09:00:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - April 17, 2026) - Further to the Company's news releases on March 23, 2026, March 25, 2026, and April 15, 2026, Lions Bay Capital Inc. (TSXV: LBI) ("LBI" or "Lions Bay") provides an update on the proposed acquisition by Lions Bay Resources (Pty) Ltd ("LBR") of certain assets of Barbrook Mines (Pty) Ltd ("Barbrook") and Makonjwaan Imperial Mining Company (Pty) Ltd ("MIMCO") in South Africa. LBR is owned 35% by Lions Bay, 35% by the Salamander Group,...

Lions Bay Capital Announces Lions Bay Resources' Revised Offer for Vantage Goldfield Assets in South Africa

Wed, 15 Apr 2026 10:22:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Lions Bay Capital Inc. (TSXV: LBI) ("LBI" or the "Company") announces that further to the Company's news release on March 23, 2026 and March 25, 2026, the creditors meeting scheduled for April 9, 2026 was adjourned as a majority of the creditors required some clarifications and amendments to be made to the business rescue plans and voted to accordingly postpone the three meetings by seven days. In response to this, Lions Bay...

Lions Bay Resources Receives Approval from the Business Rescue Practitioner

Wed, 25 Mar 2026 17:09:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - Lions Bay Capital Inc. (TSXV: LBI) ("LBI" or the "Company") announces that further to the Company's news release on March 23, 2026, the Business Rescue Practitioner ("BRP") for the Vantage Goldfields Group has called a meeting of creditors to approve a rescue plan put forward by LBI's 47.5% owned South African associate, Lions Bay Resources Pty Ltd. ("LBR"). A number of major creditors have indicated they will support the plan at...

Lions Bay Announces Further Implementation of South African Gold Strategy

Mon, 23 Mar 2026 09:21:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) - Lions Bay Capital Inc. (TSXV: LBI) ("LBI" or the "Company") announces it has increased its loan facility with Metals One plc ("Metals One") from CAD $4.0 million facility to CAD $10.0 million to provide additional funds to accelerate the creation of a vertically integrated gold business in South Africa through Lions Bay Resources (LBR). LBR is currently owned as 47.5 per cent each by LBI and the Salamander mining Group with the...

Lions Bay Provides Corporate Update

Fri, 06 Feb 2026 09:20:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") Further to the announcement made on December 24, 2025, the Company announces that the Vantage Business Rescue ("Vantage") process is ongoing with the High Court of South Africa which is due to meet on March 2, 2026 to consider final proposals from the Business Rescue Practitioner ("BRP"), including the offer made by Lions Bay Resources Pty Ltd ("LBR"), and other...

Lions Bay Announces Lions Bay Resource's Bid for Vantage Goldfields Group

Wed, 24 Dec 2025 09:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 24, 2025) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") announces that the company's 47.39% owned associate, Lions Bay Resources PTY Ltd. ("LBR") has made an offer for all of the assets of the Vantage Goldfields Group ("Vantage").Vantage was placed in Business Rescue following a crown pillar collapse at the Lily mine in 2016 and comprises numerous mining leases in the Barberton region of South Africa with a historical...

Lions Bay Announces Execution of Binding Term Sheet for CAD $4.0 Million Promissory Note

Tue, 23 Dec 2025 09:00:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to announce it has signed a binding term sheet for a promissory note ("Loan") from Metals One Plc ("Metals One") for CAD $4.0 million.Key Terms of the LoanThe Loan is to be advanced by Metals One to Lions Bay on the following terms:CAD $4.0 million to be advancedProceeds to be applied to investment and working capital purposes20% interest per annum,...

Lions Bay Provides Corporate Update

Fri, 28 Nov 2025 08:59:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2025) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to announce that further to the announcements on June 16, 2025 and July 30, 2025, the Company has incorporated a South African company, Lions Bay Resources (Pty) Ltd. ("LBR"), which will hold the purchase option over the KC Energy cogeneration power plant. Currently, Lions Bay owns 49.9% of LBR with the remaining 50.1% held by a management team lead by...

Lions Bay Announces Closing of Second and Final Tranche of Non-Brokered Private Placement

Fri, 07 Nov 2025 20:11:00 -0500

Vancouver, British Columbia--(Newsfile Corp. - November 7, 2025) - Lions Bay Capital Inc. (TSXV: LBI) ("Lions Bay" or the "Company") is pleased to announce that it has closed the second tranche of the non-brokered private placement (the "Private Placement") previously announced on August 11, 2025 and August 28, 2025. The second tranche comprises a total of 3,975,000 units of the Company ("Units") at a price of $0.10 per Unit for aggregate gross proceeds of $397,500. Each Unit will consist of one...