Leviathan Gold Ltd. – $LVTH: Cura Exploration Completes Financing
Leviathan Gold Ltd. has announced that Cura Exploration Botswana Corp. has completed a private placement financing of **$3,500,000**, fulfilling a key condition for Leviathan’s proposed acquisition of all of Cura’s securities. This financing is a significant step towards advancing the deal, which is poised to enhance Leviathan’s operational footprint in the resource sector. The deadline for reaching a definitive acquisition agreement has been extended to **September 30, 2025**, allowing both companies additional time to finalize the terms of the transaction.
Leviathan Gold Ltd. – $LVTH: Trading Halt and Regulatory Compliance
Leviathan’s shares have been halted since June 16, 2025, as the acquisition qualifies as a “Fundamental Acquisition” under TSX Venture Exchange (TSXV) Policy 5.3. Trading will resume once the required documentation—including technical reports and financial statements—has been reviewed and accepted by the TSXV. Both Leviathan and Cura are in the process of preparing these documents to ensure compliance with TSXV and National Instrument 43-101 standards, which could pave the way for a smoother transaction and reinvigorated investor interest.
The completion of this financing indicates a commitment from Cura and may enhance Leviathan’s negotiating position going forward. However, investors should remain vigilant as the duration of the trading halt and the complexities of regulatory approvals introduce inherent risks. As the deal progresses, the ability of both companies to meet regulatory requirements will be critical to realizing potential shareholder value in the future.
