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Lions Bay Capital Inc. Arranges Debt Financing - Vimarsana News

Lions Bay Capital Inc. Arranges Debt Financing

Lions Bay Capital Inc. Arranges Debt Financing LBI) ("Lions Bay" or the "Company") announces that the Company has arranged a subsequent advance of USD $500,000 from Riverfort Global Capital Ltd. on behalf of Riverfort Global Opportunities PCC Ltd. (the "Lender") on the previously announced secured loan facility (see news release on March 15, 2018) and amended on July 4, 2019. The proceeds of this advance will be used by the Company to participate in the Elementos Ltd. ("Elementos") private placement, which is a $0.01 unit containing a common share of Elementos and a half a warrant with each...