March 15, 2018 / 1:36 PM / 9 months ago

BRIEF-Lions Bay Announces New Loan Facility And Board Change

March 15 (Reuters) - Lions Bay Capital Inc:

* LIONS BAY ANNOUNCES NEW LOAN FACILITY AND BOARD CHANGE

* LIONS BAY CAPITAL - ENTERED INTO A LOAN AGREEMENT ARRANGED BY RIVERFORT GLOBAL CAPITAL LTD ON BEHALF OF CUART INVESTMENTS PCC LTD

* LIONS BAY CAPITAL - LOAN AGREEMENT IS FOR A SECURED LOAN FACILITY TO BE DRAWN IN TRANCHES UP TO AGGREGATE LOAN AMOUNT OF $5 MILLION

* LIONS BAY CAPITAL - PROCEEDS OF LOAN TO BE INITIALLY USED FOR SUPPORT IN RESTRUCTURING MONTAN MINING CORP AS ANNOUNCED ON FEB 21 Source text for Eikon: Further company coverage:

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