Acquiring Company
Metals One Plc
Acquired Company
Lions Bay Resources Proprietary Limited
Nevada
South AfricaMiningPrecious MetalsMineralMining TechnologyMiningMineralDescription
Metals One PLC has entered a binding term sheet to acquire the 50.01% of Lions Bay Resources it does not already own, through two share-for-share transactions. The deal consideration is £6.5 million in new Metals One shares and warrants. On completion, Lions Bay Resources would become a wholly owned subsidiary of Metals One.
Quick answer
Metals One Plc is acquiring Lions Bay Resources Proprietary Limited, announced October 22, 2026. Metals One Plc is based in Nevada, United States.
- How much did Metals One Plc pay for Lions Bay Resources Proprietary Limited?
- The deal value was not disclosed.
- What does Metals One Plc do?
- Metals One Plc is a minerals exploration and development company focused on acquiring and developing strategic mining assets.
- Where are Metals One Plc and Lions Bay Resources Proprietary Limited based?
- Metals One Plc is based in Nevada, United States. Lions Bay Resources Proprietary Limited is based in South Africa.
- Who are the decision-makers at Metals One Plc?
- Fundz holds 1 contact at Metals One Plc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Metals One Plc, and when
When Metals One Plc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Lions Bay Resources Proprietary Limited?
Lions Bay Resources Proprietary Limited was acquired by Metals One Plc, based in Nevada. The deal was reported on October 22, 2026. Metals One Plc is a minerals exploration and development company focused on acquiring and developing strategic mining assets. The company specializes in gold mining operations in various competitive regions. Metals One Plc is privately held and operates in Mining.
When did Metals One Plc acquire Lions Bay Resources Proprietary Limited?
Metals One Plc's acquisition of Lions Bay Resources Proprietary Limited was reported on October 22, 2026. Metals One PLC has entered a binding term sheet to acquire the 50.01% of Lions Bay Resources it does not already own, through two share-for-share transactions. The deal consideration is £6.5 million in new Metals One shares and warrants. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lions Bay Resources Proprietary Limited do?
Lions Bay Resources is a South African gold mining and power business. It holds the Barbrook Gold Mine in Mpumalanga Province and a cogeneration plant in Newcastle. The company is a subsidiary of Lions Bay Capital Inc. It is privately held, operating in Mining, and is based in South Africa.
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