Lions Bay Capital Inc.

Lions Bay Capita is pleased to announce that it has entered into heads of terms dated June 22, 2026 with Metals One, Salamander Consulting Group, Lions Bay Resources Proprietary, Lions Bay Energy Proprietary Limited and Lions Bay Mining Proprietary Limited in respect of a proposed transaction pursuant to which Lions Bay would acquire 100% of the issued share capital of LBR. The Proposed Transaction is a non-Arm's Length [...]

Lions Bay Capital is issuing this news release to clarify the nature of its relationship with Lions Bay Resources Ltd. and the extent of the Company's role in LBR's proposed acquisition of certain assets of Barbrook Mines Ltd and Makonjwaan Imperial Mining Company, further to the Company's news releases dated December 24, 2025, February 6, 2026, March 23, 2026, March 25, 2026, April 15, 2026, and April 17, 2026 [...]

Further to the Company's news releases on March 23, 2026, March 25, 2026, and April 15, 2026, Lions Bay Capital provides an update on the proposed acquisition by Lions Bay Resources Ltd of certain assets of Barbrook Mines nd Makonjwaan Imperial Mining Company. LBR is owned 35% by Lions Bay, 35% by the Salamander Group, and 30% by Metals One Plc. Lions Bay is is pleased to confirm that yesterday the creditors of Barbrook [...]

Lions Bay Capital 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 Resources PTY Ltd has submitted two [...]

Lions Bay Capital announces that further to the Company's news release on March 23, 2026, the Business Rescue Practitioner 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. A number of major creditors have indicated they will support the plan at the meeting to be held on April 9, 2026. The decision to [...]

Lions Bay Capital announces it has increased its loan facility with Metals One plc 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 is currently owned as 47.5 per cent each by LBI and the Salamander mining Group with the balance of 5 per cent owned by Metals One. Metals One [...]

Further to the announcement made on Dec 24, 2025, the Company announces that the Vantage Business Rescue 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, including the offer made by Lions Bay Resources, and other interested parties. LBR representatives are actively engaging with the local community, regulatory [...]

Lions Bay Capital announces that the company's 47.39% owned associate, Lions Bay Resources has made an offer for all of the assets of the Vantage Goldfields Group. 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 resource inventory of 4.5 million ozs of gold*, a central [...]

Lions Bay Capital is pleased to announce it has signed a binding term sheet for a promissory note from Metals One Plc for CAD $4.0 million. Key Terms of the Loan The Loan is to be advanced by Metals One to Lions Bay on the following terms: CAD $4.0 million to be advanced Proceeds to be applied to investment and working capital purposes 20% interest per annum, payable in arrears Full repayment of principal and interest [...]

Lions Bay Capital 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, 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 Mr. Deon Robbertze. Mr. Robbertze and his associates [...]