Pursuant to the directors resolution passed on June 11, 2025, the company has consolidated its capital on a one-new-for-five-old basis. The name of the company has not been changed.

Effective at the opening of Wednesday, Aug. 27, 2025, the common shares of Lions Bay Capital Inc. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as an investment company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 28,421,170 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  Computershare Trust Company of Canada

Trading symbol:  LBI (unchanged)

Cusip No.:  536263 20 5 (new)