Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF) announced that a proposed all-stock transaction will lift its expected stake in Lions Bay Capital to 54.3%, consolidating its exposure to a listed South African gold and energy platform. The AIM-listed critical and precious metals investor has entered new conditional heads of terms under which TSX-V-listed Lions Bay Capital would acquire 100% of Lions Bay Resources, including Metals One's existing 30% holding and option to acquire a further 19.99%.




