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Vancouver, British Columbia--(Newsfile Corp. - March 5, 2021) - Lions Bay Capital Inc. (TSXV: LBI) (the "Acquiror") announces that on March 4, 2021 it acquired ownership of an additional 1,000,000 common
Lions Bay Capital Inc. Announces Closing of Non-Brokered Private Placement Financing LBI) ("Lions Bay" or the "Company") is pleased to announce that it has closed the non-brokered private placement (the " Private Placement") previously announced in its News Release dated November 17, 2020, as increased in its News Release dated December 14, 2020. For the Private Placement, the Company issued a total of 18,797,143 units (each, a "Unit") at $0.07 per Unit for gross proceeds of $1,315,800. Of the total Units issued, 6,000,000 Units were subscribed by an insider of the Company. Each Unit consists of one common share (each, a "Share") and one transferable share purchase warrant (each, a "