Lions Bay Reveals Completion of Initial Tranche of Non-Brokered Private Placement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
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Source: Yahoo Finance
Private Placement Announcement: Lions Bay Capital Inc. has closed the first tranche of a non-brokered private placement, raising $687,500 by issuing 6,875,000 units at a price of $0.10 per unit.
Strategic Partner Involvement: A UK-based strategic partner purchased 3,525,000 units in the first tranche and is expected to buy the remaining units in the second tranche pending TSX-V approval.
Use of Proceeds: The funds raised will be used for due diligence on a cogeneration power plant, debt reduction, and general working capital.
Company Overview: Lions Bay Capital focuses on mining finance and investment, particularly in gold and copper, aiming to enhance project value through strategic support rather than high-risk exploration.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
