Proposed Transaction
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Leviathan Gold Announces Completion by Cura Exploration Botswana Corp. of a $3,500,000 Private Placement, satisfying a condition precedent under the Proposed Transaction
Globenewswire· 2025-08-18 12:30
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]
Posting of Circular and Notice of Annual General and Special Meeting
Globenewswire· 2025-07-14 06:00
Meeting Details - The Company has scheduled an Annual General and Special Meeting for shareholders on August 5, 2025, at 11:00 a.m. Toronto time [2] - Shareholders of record as of July 2, 2025, at 5:00 p.m. Toronto time are eligible to vote at the meeting [2] Proposed Transactions - The Meeting will consider the Proposed Transaction and the Melquart Debt Transaction [2][3] - Further details regarding these transactions are available in the Management Information Circular [3] Company Information - Galantas Gold Corporation is a Canadian public company listed on the TSX Venture Exchange and the London Stock Exchange AIM market under the symbol GAL, and on the OTCQX Exchange under the symbol GALKF [4]