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Lions Bay Capital Inc. Enters into Option Agreement

Lions Bay Capital Inc. Enters into Option Agreement
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

United Kingdom , British Columbia , Kostenloser Wertpapierhandel , John Byrne , Lions Bay Capital Inc , Savic Pty Ltd , British Columbia Newsfile Corp , Bay Capital , Western Victoria , Savic Pty , South Australia , Australian Rare Earths , Rare Earths , Tuesday August , Lions Bay , Investment Issuer , Forward Looking Statements ,

Press Release - MINING.COM

Press Release - MINING.COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , British Columbia , Lions Bay Capital Inc , Savic Pty Ltd , British Columbia Newsfile Corp , Bay Capital , Western Victoria , Savic Pty , South Australia , Australian Rare Earths , Rare Earths , Tuesday August , Lions Bay , Investment Issuer , Executive Chairman Tel ,

Lions Bay Capital Inc. Arranges Additional Debt Financing

Lions Bay Capital Inc. Arranges Additional Debt Financing
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

United Kingdom , British Columbia , Kostenloser Wertpapierhandel , John Byrne , Lions Bay Capital Inc , Salamander Mining International Ltd , British Columbia Newsfile Corp , Pan Andean Capital Pty Ltd , Riverfort Global Capital Ltd , Bay Capital , Riverfort Global Capital , Riverfort Global Opportunities , Salamander Mining International , Lions Bay , Pan Andean Capital Pty , Pan Andean , Investment Issuer , Forward Looking Statements , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , ஜான் பெயரனே , சிங்கங்கள் வளைகுடா மூலதனம் இன்க் , வளைகுடா மூலதனம் , சிங்கங்கள் வளைகுடா , பான் எண்டேன் , முதலீடு வழங்குபவர் ,

Lions Bay Capital Inc. Amends Riverfort Debt Facility and Arranges Additional Debt Financing

Lions Bay Capital Inc. Amends Riverfort Debt Facility and Arranges Additional Debt Financing
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 with the amendment the Company has arranged for the advancement of USD $250,000 for a total of USD $750,000 advanced on the Loan Facility.
The proceeds of this advance will be used by the Company to fulfill the initial tranche of the Salamander Mining International Ltd. loan and option agreement (see news release on June 17, 2021). ....

United Kingdom , British Columbia , John Byrne , Lions Bay Capital Inc , Salamander Mining International Ltd , British Columbia Newsfile Corp , Pan Andean Capital Pty Ltd , Riverfort Global Capital Ltd , Bay Capital , Riverfort Global Capital , Riverfort Global Opportunities , Loan Facility , Salamander Mining International , Pan Andean Capital Pty , Pan Andean , Investment Issuer , Forward Looking Statements , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , ஜான் பெயரனே , சிங்கங்கள் வளைகுடா மூலதனம் இன்க் , வளைகுடா மூலதனம் , கடன் வசதி , பான் எண்டேன் , முதலீடு வழங்குபவர் , முன்னோக்கி பார்க்கிறது அறிக்கைகள் ,

Lions Bay Capital Inc. Amends Riverfort Debt Facility and Arranges

Article content
The proceeds of this advance will be used by the Company to fulfill the initial tranche of the Salamander Mining International Ltd. loan and option agreement (see news release on June 17, 2021).
The additional advance has an 18-month term, with 70% of the advance payable in 12 months with 5% of the advance payable monthly in each of the last 6 months. The additional advance bears interest at 12% per annum and is subject to an implementation fee of 7%. The advance is secured by a guarantee from the Company and its wholly owned subsidiary, Pan Andean Capital Pty Ltd. (“Pan Andean”) and a pledge by Pan Andean of certain of the investments held by Pan Andean. ....

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