The TSX Venture Exchange has accepted for filing documentation with respect to an arm's-length amalgamation agreement dated Sept. 11, 2025 (as amended on Oct. 31, 2025), between Leviathan Metals Corp., previously known as Leviathan Gold Ltd., Cura Exploration Botswana Corp. and 1555801 B.C. Ltd., pursuant to which the company acquired all of the issued and outstanding securities of Cura.
Consideration
Shares: 37 million common shares issued to the former shareholders of Cura
Warrants: 5.5 million warrants issued to former warrantholders of Cura (Each warrant is exercisable at 15 cents for a period of two years.)
Milestone payments: up to 16.5 million additional common shares issuable as follows: 8.25 million shares upon defining a resource of at least 40 million pounds (lb) U3O8 at a grade of at least 250 parts per million (ppm) U3O8 (uranium milestone); 8.25 million shares upon defining a resource of at least 15 million tonnes copper at a grade of at least 1.75 per cent CuEq (copper equivalent) (copper milestone)
Escrow: 23 million common shares and 5.5 million warrants subject to a Tier 2 value escrow
No finders' fees were paid in connection with the transaction.
For further details, please refer to the company's news releases dated June 19, 2025, July 16, 2025, Aug. 18, 2025, Sept. 11, 2025, Oct. 20, 2025, Nov. 4, 2025, and Nov. 28, 2025, available on SEDAR+.
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