Leviathan Metals Announces Agreement to Sell Timor Gold Project License to Au Gold Corp.

VANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Leviathan Metals Corp. (“Leviathan” or the “Company”) (LVX – TSXV, LVXFF – OTC, 0GP – FSE) is pleased to announce its wholly-owned subsidiary, Leviathan Gold (Australia) Pty Ltd. (“LVX AUS”) entered into a mineral property sale agreement (“MPSA”) with Au Gold Corp. (AUGC, TSXV) pursuant to which it will sell EL006278 in the Victorian Goldfields, Australia, which license covers the Timor Gold Project (“Timor”) in exchange for a cash payment of $10,000 on signing of the MPSA, $65,000 on closing of the purchase and sale and the issuance to LVX AUS of 5,000,000 common shares of Au Gold Corp. (“AUGC”) which will result in LVX AUS owning 11.16% of the issued and outstanding shares of AUGC (based on the issued and outstanding shares of AUGC as of the date of this press release). LVX AUS does not presently hold any securities of AUGC.