read......... 0:20+000-xxx5105('Lionsgold'," target="blank" rel="nofollow">[link] 'LION' or the 'Company')Banking Platform Ownership and Gold Exclusive SecuredLionsgold (LON: LION), the AIM quoted company focused onthe exploration, production and retail application of physical gold, including thedevelopment of the Goldbloc digital currency, announces that it has completed its due diligence and will proceed with its planned investment into global banking and compliance platform provider, Railsbank Technology Limited ('Railsbank').Highlights:· Lionsgold confirms investment amount of £1.271 million from existing funds to acquire 12.5% of Railsbank, on a fully diluted basis, on completion of Railsbank's current pre-Series A funding round.· Demonstrating management's belief in the viability and potential value of Railsbank and its underlying technology, concurrently with Lionsgold's investment, LION CEO Cameron Parry and TRAC Technology CEO Ralph Hazell to co-invest £125,000 and £50,000 respectively in Railsbank on the same terms as Lionsgold.· proceeding with the 12.5% equity investment, Lionsgold (or its subsidiary nominee) has gained exclusive access to Railsbank's banking platform in relation to deposits, currencies, tokens and any other products connected with physical gold or gold derivatives, for a period of three years.· Lionsgold CEO, Cameron Parry to be appointed to the board of Railsbank as a Non-Executive Director.· Since the announcement of Binding Heads of Agreement ('BHA') on 18 January 2018, Railsbank has announced it has entered into an agreement with business to business card issuer, Cornercard UK, to see Mastercard debit cards issued in connection with bank accounts provided through the Railsbank platform.Lionsgold Chief Executive Officer, Cameron Parry, commented: 'Lionsgold is delighted to confirm that the Company has completed its due diligence process and is proceeding with its investment, funded from exisiting cash resources, to acquire 12.5% of Railsbank and secure the exclusive use of their banking and compliance platform for physical gold and gold derivatives to be held within bank accounts.'This transaction is fundamentally important for LION and was a key strategy and priority to complete in the lead up to the release of its digital gold currency Goldbloc; scheduled for launch during next quarter with a mobile phone banking app and attaching Mastercard debit card.'We look forward to providing further updates over the coming weeks.'Terms of Equity Investment and Exclusivity for GoldLionsgold and Railsbank entered into a binding heads of terms on 18 January 2018. Under the BHA Lionsgold was to invest £1.25 million for 128,640 new ordinary shares in Railsbank, representing a 12.5% equity stake on a fully diluted basis on completion of Railsbank's current funding round.Lionsgold had an exclusive 30 day due diligence period and having completed its due diligence, LION is completing the subscription with payment being made over the next five business days.Due to oversubscriptions to enable additional strategic investment in the round, Lionsgold has agreed to invest a total of £1,270,996.68 for 130,800 ordinary shares in Railsbank to hold a 12.5% equity interest on a fully diluted basis upon the closing of this pre-Series A funding round.Upon deal completion, Cameron Parry, Lionsgold CEO, will be appointed to the board of Railsbank as a Non-Executive Director.As part of its cornerstone investment, Lionsgold (or its subsidiary nominee) has secured the exclusive rights to access Railsbank's banking platform in relation to deposits, currencies, tokens and products connected with physical gold or gold derivatives, for a period of three years from date of subscription completion.Lionsgold shall be entitled to pre-emption rights in relation to any new issue of shares by Railsbank. for such time as LION
Rumblings of HSBC tie up in Asia Nigel Verdon [link] Life£s a pitch, but Mastercard is here to help. See how the @MAStartpath program is helping start-ups navigate a world without boundaries with its unparalleled expertise, reach & reputation. #M2020Asia #MastercardInnovates #LiveWithoutBoundaries [link]
NEW ARTICLE: Here's where this small-cap could rebound "Lionsgold (LSE:LION)A few emails, plus the urge to mock the US dentist who assassinated a lion, inspired a look at LSE:LION:Lionsgold.There's little doubt the share price is spending too much time in front of gun fanatics as had it been permitted ..."[link]
NEW ARTICLE: Trends and Targets for 14/03/2018 " LIONSGOLD (LSE:LION) A few emails, plus the urge to mock the US dentist who assassinated a lion, inspired a look at this mob. There's little doubt the share price is spending too much time in front of gun fanatics as had it been permitted to ..."[link]
Re: SP 3-5 Sub 3p Achieved0.0298, could go well down but cant be too greedy.Buying 50,000 LIONSGOLD LIMITED ORD NPV (LION)Status:ExecutedPlaced at:12:57:58 27/02/18Price:£0.0298Order Type:MarketCost £1490.00 + £10.00 Comission
Re: SP 3-5 Sub 3P approachingGreat Entry point approachesDO NOT PUT more than £5K
Re: SP 3-5 Total outstanding shares by end of month = 447,941,264 = 447.941264 million.Assuming SP 4p per share by end of month.Do your valuation at 4p Still short of a Billion Cap.Miles to go before we sleep.However park a grand in this stock
Re: SP 3-5 Pending due diligence and listing in India - if and its a big if this takes off it can dismantle the gold market and create inflated gold price risking Indian economy.Unless Indian administration/govt/establishment is behind this - it wont go furtherIndia isnt developed for its govt to gain from such momentum.Put your spare few grands in LION - keep your eyes open and see what happensIt could blow beyond expectations, fingers crossed
Re: SP 3-5 Still dont see it going past 3-5p - launch is not imminent and now a buy-out looks favourable.
Gold & Silver / Asset Backed Cryptocurrencies Will Be the Future [link]
Re: Share Talk Saturday 10 February Presentation: [link]
Re: Share Talk Saturday 10 February [link] going tomorrow?
Re: Mastercard [link] Banking Platform To Utilise MastercardLionsgold (LON: LION), the AIM quoted company focused on the exploration, production and retail application of physical gold, including the development of the Goldbloc digital currency, is pleased to report that Railsbank Technology Limited ("Railsbank", with whom Lionsgold recently signed a Binding Heads of Agreement ("BHA" for a 12.5% equity stake and exclusive use of their banking and compliance platform for physical gold and gold derivatives, has today announced that it has entered into an agreement with business to business card issuer, Cornercard UK, to see Mastercard debit cards issued in connection with bank accounts provided through the Railsbank platform.Railsbank, the UK-based open banking and regtech platform, will become a debit card programme manager under the agreement with Cornercard UK, allowing Railsbank customers, such as Lionsgold's fintech subsidiary's digital gold currency, Goldbloc, to have their own branded Mastercard debit cards that work with Railsbank bank accounts and International Bank Account Numbers ("IBAN"s).Lionsgold Chief Executive Officer, Cameron Parry, commented: "This is excellent news for Railsbank and for Goldbloc. With Railsbank entering into an agreement with Cornercard UK and confirming the use of Mastercard with their debit cards, this locks in another exciting aspect of the Goldbloc offering, due for release in Q2 this year."Further, Lionsgold is midway through its due diligence in relation to its proposed investment to acquire an 12.5% equity stake in Railsbank and secure an exclusive three-year period for Lionsgold to utilise Railsbank's banking and compliance platform for physical gold related products, such as the digital gold currency, Goldbloc."We look forward to updating shareholders in relation to Lionsgold's proposed investment in Railsbank once due diligence is complete."
Re: Cameron Parry Podcast Bit early, there will be few more fluctuations but anything nearer to 3 is a huge buy point, however - there's no product launched, sold and no profit estimates available.Buy with caution and small amounts where possibleDYOR
Cameron Parry Podcast Targeting global banking and financial technology ...[link]