Leviathan Gold Announces Completion by Cura Exploration Botswana Corp. of a $3,500,000 Private Placement, satisfying a condition precedent under the Proposed Transaction

Core Points - Leviathan Gold Ltd. announced the completion of a private placement financing by Cura Exploration Botswana Corp. for gross proceeds of $3,500,000, which satisfies the financing condition for the proposed acquisition of Cura [1] - An extension agreement has been entered into between Leviathan and Cura, allowing until September 30, 2025, to finalize a definitive agreement for the proposed transaction [2] - The trading of Leviathan's common shares on the TSX Venture Exchange was halted on June 16, 2025, pending review due to the proposed transaction being classified as a "Fundamental Acquisition" [3] Financing and Acquisition Details - The private placement financing by Cura raised $3,500,000, which is a critical step for Leviathan's acquisition plans [1] - The extension agreement provides additional time for both parties to negotiate and finalize the terms of the acquisition [2] - The halt in trading will be lifted once the TSXV reviews the necessary technical reports and documentation related to the acquisition [3] Regulatory Compliance - The proposed transaction is subject to TSX Venture Exchange Policy 5.3, which governs acquisitions and dispositions of non-cash assets [3] - Leviathan and Cura are currently preparing the required documentation, including technical reports and financial statements, to comply with TSXV regulations [3] Company Overview - Leviathan Gold Ltd. is a Canadian-based mineral exploration company listed on the TSXV and in Germany [4]