VANCOUVER, British Columbia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Leviathan Gold Ltd. (“Leviathan” or the “Company”) (LVX – TSXV, LVXFF – OTC, 0GP – FSE) is pleased to announce that Cura Exploration Botswana Corp. (“Cura”) has completed a private placement financing of its securities for gross proceeds of $3,500,000 (the “Cura Financing”). The completion by Cura of the Cura financing satisfies the financing condition precedent to the previously announced letter of intent dated June 13, 2025 (the “Letter of Intent”) for the proposed acquisition by Leviathan (the “Proposed Transaction”) of all of the issued and outstanding securities of Cura.
Related Questions
Does the fulfillment of the financing condition precedent accelerate the closing timeline and increase the probability of the proposed acquisition?
What dilution or balance‑sheet impact will the $3.5 million private placement have on Leviathan Gold’s equity and cash position?
What are the proposed deal terms (consideration, share exchange ratio, premiums) and how do they affect Leviathan’s valuation relative to peers?