March 15 (Reuters) - Lions Bay Capital Inc LBI.V :
* 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