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LION Lionsgold

2.65
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lionsgold LSE:LION London Ordinary Share GG00B3M9KL68 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.65 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.65 GBX

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Posted at 03/11/2023 12:44 by wrtmf
lionsgold/tally shares in geomysore became shares in deccan gold mines, price steadily rising...



--
jonnagiri and kalevala.......

--


'Deccan Gold Mines Ltd has announced that Jonnagiri Gold Mining Project of Geomysore Services (India) Private Limited at Andhra Pradesh, that key shareholders of Geomysore - Thriveni Earth Movers Pvt Ltd and Deccan Gold Mines Limited - have agreed to infuse ₹60 crore of Equity Capital into Geomysore by the end of August.

Stock under bull grip
Shares of BSE-listed DGML have been witnessing a strong rally in 2023 on the back of its expansion plans, including a global footprint. The stock doubled year-to-date at ₹79.34.

Deccan Gold Mines Limited (DGML) recently completed the acquisition of over 44 per cent stake in Geomysore Services India Pvt Ltd from Australian Indian Resources Limited, Lionsgold India Holdings Limited, and SUN Group.

Thriveni, which holds majority stake in Geomysore Services, has already invested ₹15 crore with the balance ₹25 crore is expected by August-end. DGML is also committed to infuse a further ₹20 crore in August.'

'Krygyzstan, Finland acquisitions
Earlier this month, DGML board had approved the proposal to acquire share capital aggregating to 10.50 crore KGS (Kyrgyzstani Som) in Avelum Partners LLC, Kyrgyzstan, representing 60 per cent of the present capital of Avelum from Hira Infra-Tek Limited, India, and Med Edu Care Marketing Management, Dubai. The acquisition would be through non-cash consideration as share swap by issue and allotment of about 1.85 crore shares via preferential issue.

Similarly, the board has also approved a proposal to acquire share capital aggregating 810 shares in Kalevala Gold Oy, Finland, representing 31.52 per cent of the present capital of Kalevala from Lionsgold India Holdings Ltd, Mauritius. The acquisition would be through non-cash consideration as share swap by issue and allotment of 11,51,181 shares via preferential issue. The company has an option to add another 10 per cent in Avelum and 18.48 per cent in Kalevala at an appropriate time.

For every 533 shares held in Avelum, the prospective shareholders would be issued 94 equity shares of the face value of Deccan Gold. Similarly, for every 33 shares held in Kalevala, the prospective shareholders would be issued 46,900 of Deccan Gold. The conversion price for share swap would be ₹53.47 a share, Deccan Gold had said in an earlier notification to the stock exchanges.'

--
did tally completely sell up gold interests?
don't know
would need to go through last 12 months announcements...



[tallymoney website states - 'Holdings: Tally Central Ltd makes strategic investments from time to time to support the growth of its core business, including leading the early funding round of a banking-as-a-service provider, and currently holding a significant shareholding in Bombay Stock Exchange-listed Deccan Gold Mines Limited (BO:DECNGOLD). '
Posted at 24/1/2022 13:21 by noirua
A lot of shares being issued at 2p each and it does look as if a certain director is loading up with others at this price. So a market quote looks certain at some stage unless an off-market bid comes in beforehand.

I get the feeling all this effort by directors and certain others is to get a good outcome for themselves as first priority. If an agreed bidder turns up no doubt they will be onboard as part of any agreement.
Posted at 24/1/2022 11:11 by noirua
At least the gold price is holding well over $1,800 and TALY do look as if they are waiting for enthusiasm for precious metals to return.
Posted at 14/10/2021 13:16 by noirua
At last strong progress towards the IPO!

Activities & Objectives 2021 – end of Q3 Update
30 September 2021


• Following completion of the work outlined above, the Company shall decide which exchange to apply to have its shares admitted to trading, complete the work required for its IPO prospectus and conduct investor roadshows with a view to listing at the end of Q1 2022.

• Progress initiatives to convert the Company’s Finland mining interests from a non-current asset to listed securities or other current asset.

• Following a capital raising conducted by one of our investees, Railsbank Technology Ltd which they
announced in July (reference:
Tally completed the sale of part of its shareholding, injecting £2.73m in net proceeds and taking the total cash realised from our £1.27m investment in 2018 to over £5m, with approximately one quarter of our original shareholding remaining, revalued at over £3m.

• During the quarter Tally Ltd entered into an agreement to sell its shareholding in Geomysore Services
(India) Pvt Ltd (“Geomysore”) to Bombay Stock Exchange-listed Deccan Gold Mines Limited (“Deccan”)

At the share swap ratio negotiated, upon completion at the current Deccan share price our Indian gold interests will be transformed from a fixed asset valued at £3.3m to a liquid asset valued at approximately £6.6m and able to be valued mark-to-market.

Completion is expected to take six months and is subject to regulatory permissions in India and Deccan shareholder approval.


• In accordance with the provision of the Disclosure Guidance and Transparency Rules of the FCA, the issued ordinary share capital of Tally Ltd including the issue of the new ordinary shares is 671,064,392 Ordinary Shares with voting rights attached (one vote per share). There are no shares held in treasury.

[ 671,064,392 at 3p a share = £20.13 million market cap. ]
Posted at 28/9/2021 13:54 by noirua
After a successful cash raising of £400,000 at 2p it will be interesting to see what the IPO price for TALY will be in December. Unless there turns out to be no Xmas present after all.
Posted at 03/9/2021 17:24 by noirua
“Our crowdfunding strategy was deferred last quarter as we look to align that with the Company's planned IPO. As such Tally conducted a pre-IPO private placing at 2p per share in June raising circa £400,000 from investors and an external developer choosing to take shares as part payment for ongoing work.

“We are targeting an IPO that would see us make application for listing the Company's shares on the London Stock Exchange Main Market in December 2021.

We haven't spoken of timelines to listing the Company's shares over the last 18 months, but given we're now at the end of our financial year and can proceed with our auditors to prepare audited accounts for Tally's IPO prospectus, the advances being made with our "Teco" platform, and progress being made on converting investment assets to liquid assets, it is a reasonable to start outlining the path to IPO.

As previously stated, Tally's IPO strategy is not just about seeing the Company's shares available for trading, it is to add another regulated environment for Tally customer confidence, provide a platform for thought leadership about banking, money and fintech, and as part of our mission toward the democratisation of money”, the CEO added.

As of 1 July 2021
Posted at 27/12/2020 18:26 by timeforchange1
more good points on the parryrat from LSE

b1gdeano

Price: 0.00

No Opinion

RE: InterestingToday 17:31
The man has no history of success. By his own admission his success is classed as pumping a stock price, then leaving to rinse and repeat.

He is out his depth here.

b1gdeano

Price: 0.00

No Opinion

RE: InterestingToday 17:31
Parry is the biggest problem to progress here. If he sold tally or stood down for fresh leadership I feel it would do much better.

volvic

Price: 0.00

No Opinion

InterestingToday 10:30
To read about new forms of currency (bitcoin) ect, lots of country's now looking for there own, l take it they all want to escape the doller strangle hold, looks like a good idea and could work, pity we got scamparry as our champion with a new currency as his tunnel vision is just for himself, missed so many boats scamerparry your not a winner, no one trusts you anymore, shame really good idea wasted by your short term greed

99treble

Price: 0.00

No Opinion

Personal LossToday 08:50
£30,000,but it's my kids jisaa that really gets me angry with the tally board. Big believer in Karma though, what goes around and all that.
Posted at 03/12/2020 22:13 by timeforchange1
Hold on a sec Guys as Parry said, or rather gave his personal undertaking, together with that of his former Chairman, the shyster lawyer that he bought, Mr Cocoran, that this "WOULD RELIST" IN Q4 2019 I believe it was.

Lu_cypher asks the Slippery SOB ON THE SHAREHOLDERS WEB SITE A STRAIGHTFORWARD QUESTION....


Will Tally EVER RELIST? YES OR NO

Question Tally Q&A
One simple question regarding May 2021 relist.-Is it happening?
A Yes or No answer will suffice

cameron-Parry
This is not a question that the answer can be known at this juncture. It’s pretty simple. But asking for a listing date (and share price) can’t be answered. We must focus on building value in the Company for shareholders and as soon as appropriate, we’ll be listing the Company at a healthy valuation, with momentum for the Company’s shares once back on the market.



SLIPPER PARRY REPLIES:- This is not a question that the answer can be known at this juncture.

HOWEVER, HE AND HIS CHAIRMAN THAT HE BOUGHT GAVE THEIR PERSONAL UNDERTAKINGS THAT THIS WOULD RELIST LAST YEAR.



THIS IS SIMPLY STRINGING SUCKER SHAREHOLDERS ALONG AS IF PARRY DID NOT KNOW THIS WEEK HOW COULD HE POSSIBLY HAVE KNOWN LAST YEAR WHEN COMMITING TO RELIST THEN?

.......OBVIOUSLY HE DID NOT AND THIS IS CLEARLY MISREPRESENTATION WITH AN INTENT TO DEFRAUD......... YOU CAN TAKE THAT TO THE POLICE.

THE MORE THAT DO SO THE STRONGER YOUR CASE!

OTHER CRIMES COMMITTED HERE ARE THAT OF DECEPTION, FALSE STATEMENTS TRADING STATEMENTS PURPOSELY MADE TO DEFRAUD AND SO ON AND ON AND ON the list is endless if you dig deeper!


GO GET HIM GUYS THE EVIDENCE IS HERE!
Posted at 01/10/2020 21:50 by timeforchange1
RNS

(“TALLY" or the "Company")
Activities & Objectives 2020 - end of Q3 Update
30 September 2020
TALLY LTD, the money and banking innovator and digital Non-Bank Financial Institution (“NBFI”) that
developed the full-reserve banking platform that provides individual bank accounts denominated in a
physical asset money, Tally®, is pleased to update shareholders about the Company’s activities and
objectives.
Tally® sits outside of the traditional global banking network, while seamlessly operating with its global
infrastructure. Tally is protected from inflation and bank risk and insulated from economic effects
associated with the fiat currency fractional-reserve banking system. Tally is a new category of money
(not government fiat currency and not a cryptocurrency) that customers save, spend and send
instantly using their bank account via the Tally smartphone app and Tally debit Mastercard®.
Cameron Parry, Chief Executive Officer, commented: “We believe people deserve to use a bank
account with money designed to hold its value, and that remains in their control. This is fundamental
to individual financial wellbeing and promotes savings and productivity in society.
“Following a period of platform redesign and tech development, in August we were able to focus on
new customers once again, as well as continuing to enhance the user experience for those customers
already enjoying the protections and other benefits of their Tally account. This has seen customer
numbers grow through 7,000 at the end of this quarter. There has also been consistent growth in the
number of people following Tally on social media.
“Q3 has been an exciting quarter for future development. We continued work on Tally savings “safes”
but potentially more impactful to the consumer market, we developed a new fixed-rate fixed-term
deposit and have formulated the mechanism to deliver a market-leading return to customers. We plan
to move both easy access and fixed-term “safes” into beta testing next quarter. We also began scoping
Tally’s Application Programming Interface (API) to enable B2B customers to ultimately gain access to
the Tally currency through our API.
“During last quarter we became aware of the part sale of an investment asset that was likely to be
concluded in the short term and therefore, mindful of unnecessary dilution, we have completed a
private capital raising round at 2p per share to bring in £300,000 at this juncture. Whilst it is restricted
to professional and/or sophisticated investors, should any shareholders wish to discuss qualifying and
participating in the current 2p round, please email corporate@tallymoney.com
“We plan to conduct a larger capital raise, which is to include a crowdfunding component with
crowdfunding platform SEEDRS, around the end of the year. We are also in discussions with SEEDRS
regarding using their platform to provide a private secondary market for Tally shares post the
crowdfunding close, in the interim period prior to the Company’s IPO.
Whilst Tally has overcome its own challenges this year, we know that it has been a particularly
challenging year for people around the world due to COVID-19 and our thoughts are with those who
have been the worst affected. In these uncertain economic times, with interest rates at near zero for
savers, and rapid inflation of the fiat money supply through uncapped quantitative easing, we remain
committed to delivering a better choice of money for the mainstream public to hold in their bank
account. “
Tally® priced in GBP at time of this announcement:
o 1 Tally® = 4.71 pence (i.e. t1 = £0.0471)
o Approx. 21 Tally® = 1 GBP (i.e. t21 = £1.00)
o As at 30 June 2020 announcement, 1 Tally® = 4.63 pence (approx. 22 Tally® = £1)
o As at 31 March 2020 announcement, 1 Tally® = 4.21 pence (approx. 24 Tally® = £1)
o As at 02 January 2020 announcement, 1 Tally® = 3.71 pence (approx. 27 Tally® = £1)
o As at 25 November 2019 announcement, 1 Tally® = 3.67 pence (approx. 27 Tally® = £1)
o As at 02 September 2019 announcement, 1 Tally® = 4 pence (approx. 25 Tally® = £1)
o As at 10 June 2019, the initial release date, 1 Tally® = 3.33 pence (approx. 30 Tally® =£1)
Product and Operational Development
• Following Tally’s tech development team being restructured in March, Tally’s next generation
banking platform was built in the second quarter of 2020. After rigorous testing the new
platform went live on the 1st of June, but it turned out one of the tech provider’s test
environments didn’t replicate their live environment, creating bugs in the App and disruption
to customers’ user experience. Through June and July, additional work was undertaken to
resolve the situation and during Q3 the team finished off the migration of legacy transactions
with merchant data and the implementation of a data layer.
• During Q3 Tally continued to develop its product and platform roadmap and designed a fixedrate fixed-term savings account, along with the mechanisms necessary to deliver a marketleading rate of return for UK bank account depositors.
• Tally also started work on the design of its own API to enable integration and use of the Tally
monetary system by other companies and platforms providing financial services.
Ongoing Business Activities
• Completing the current capital raising round at 2p per share and preparing a pre-IPO funding
round combining a crowdfunding element, in line with the Company’s objective of having its
shares listed and trading again on a recognised stock exchange.
• Continuing to grow customer numbers and awareness through social media channels.
• Structuring organisational and team growth.
• Expanding Tally’s product range and platform capabilities.
• Regulatory and legal due diligence around the release of Tally in other jurisdiction(s).
• Commencing work on the Company’s audited accounts for the full financial year ending 30
June 2020.
Capital Raising Initiatives, TVR & PDMR:
• Tally conducted an equity investment round that has raised to date over £300,000 @ 2p per
share, of which the Tally board has subscribed £20,000.
• Each new ordinary share has a one-for-one attaching warrant that is exercisable at 2x the
Company’s (to be determined) IPO share price for a term of three years from the Company’s
(to be determined) IPO date (“IPO 2x Warrants”).
• At time of writing 11,000,000 new ordinary shares have been issued in respect of the current
equity funding round.
• In accordance with the provision of the Disclosure Guidance and Transparency Rules of the
FCA, the issued ordinary share capital of Tally Ltd including the issue of the 11,000,000 new
ordinary shares is 643,307,781 Ordinary Shares with voting rights attached (one vote per
share). There are no shares held in treasury.
• Following completion of this funding round, Tally plans to next inject equity capital through a
pre-IPO equity funding round, incorporating a crowdfunding campaign to increase brand and
product awareness, and add new customers.
• Tally continues to assess opportunities to sell its investments, in part or in whole, to inject
additional capital. Progress is being made on all three of Tally’s investment assets, being its
interests in gold exploration in India and Finland and its shares in a Banking as a Service
technology company. Upon the next completion of an asset sale, the Company will notify
shareholders and provide an update on the remaining investment assets.
For further information or if shareholders have any queries, please contact our office via
corporate@tallymoney.com
Enquiries:
Cameron Parry (Chief Executive Officer) Tel: +44 (0)20 3490 6210
corporate@tallymoney.com www.tallymoney.com
About TALLY
• TALLY is the innovator of Tally® - a full-reserve banking platform and physical asset money
designed by the private sector, that operates seamlessly with the government fiat currency
and fractional-reserve banking system.
• Each unit of Tally® is one milligram of LBMA-accredited gold vaulted in Switzerland on behalf
of the customer and utilised by the customer via their individually issued banking account and
contactless debit card.
• Tally® is not a fiat currency and Tally® is not a cryptocurrency.
• The Tally® banking platform connects physical asset ownership to the global banking system
and enables instant liquidity to save, spend and send the physical asset money.
• TALLY’s wholly owned UK subsidiary company, TallyMoney Ltd, is a recognised E-Money
Directive Agent (FCA Ref. No. 902059) under Financial Conduct Authority-licensed E-Money
Institution, PayrNet Limited (FCA Ref No. 900594).
• The Tally® banking App is available on iPhone and Android by searching TallyMoney on the
Apple App Store or Google Play Store.
• TALLY also currently has significant investment ownership in financial technology company
Railsbank Technology Ltd, leading India gold exploration company Geomysore Services India
Pte Ltd and Finland gold exploration joint venture company Kalevala Gold Oy.
Posted at 09/8/2020 13:17 by noirua
UNPRECEDENTED: Bullion Banks Take Losses On 124 Tonnes Of Scarce Physical Gold, Plus Hedge Funds Also Exposed To Gold Short Squeeze Along With Bullion Banks.
Bullion banks have just taken losses on scarce physical gold, plus some hedge funds are also being caught in the short squeeze along with the bullion banks.



[Looking at the gold price I would not be surprised if a flotation price for Tally Limited was at 10p a share or even higher]
Lionsgold share price data is direct from the London Stock Exchange

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