Investment
Features
FeesSafety
Academy
More
Pluang+

Lions Bay Capital boosts loan facility to CAD $10M to fund gold business expansion in South Africa.

Company Fundamentals
23 Mar 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Lions Bay Capital has increased its loan facility with Metals One from CAD $4 million to CAD $10 million to support Lions Bay Resources (LBR) in building a vertically integrated gold business in South Africa. Metals One plans to convert USD $1.8 million of its loan into equity, raising its stake in LBR to 30%. LBR is also moving forward with acquiring assets from Vantage Goldfields and a cogeneration plant in Newcastle, which could enhance gold processing and power production. These moves aim to strengthen LBR's operational capacity and growth prospects in the South African gold sector.

More News

Christopher Derrick's film Moral Dirt premieres at LA Shorts Festival, exploring moral dilemmas after violence.

Christopher Derrick's film Moral Dirt premieres at LA Shorts Festival, exploring moral dilemmas after violence.

Christopher Derrick, known for writing on Star Trek: Picard and The Equalizer, premieres his first film as sole writer-director, Moral Dirt, at the Academy Award® Qualifying LA Shorts International Film Festival on August 3, 2026. The 15-minute psych...

Others
Neutral
40 minutes ago
Arcutis appoints Chris Peetz to its Board to boost growth and expand its dermatology pipeline.

Arcutis appoints Chris Peetz to its Board to boost growth and expand its dermatology pipeline.

Arcutis Biotherapeutics has appointed Chris Peetz to its Board of Directors as of July 15, 2026. Peetz brings extensive experience leading biopharmaceutical companies through growth phases, product development, and strategic acquisitions. His additio...

Company Fundamentals
Bullish
40 minutes ago
Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

Company Fundamentals
Bullish
1 hour ago
Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

Market News
Bullish
1 hour ago
Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App