Leviathan Gold announces Non-Brokered Private Placement of Units
Leviathan Gold announces Non-Brokered Private Placement of Units
Vancouver, BC – March 10, 2025 - Leviathan Gold Ltd. (“Leviathan”, the “Company”) (LVX –
TSXV, 0GP – Germany) is pleased to announce a non-brokered privat e placement of up to
35,000,000 units (each, a “ Unit”) in the capital of the Company at a price of $0.10 per Unit for
aggregate gross proceeds of up to $3,500,000 (the “Offering”).
Each Unit shall be comprised of one common share (each, a “ Common Share”) and one-half of
one Common Share purchase warrant (each whole warrant, a “Warrant”) of the Company. Each
Warrant shall entitle the holder thereof to acquire one Common Share in the capital of the
Company at a price of $0.15 per Common Share fo r a period of 24 months from the date of
issuance.
Proceeds from this Offering will be used by the Company primarily for exploration in Australia
and Bosnia and for general working capital purposes.
In connection with the Offering, the Company may pay cash fi nder’s fees and finder’s shares to
eligible arm’s length parties.
All securities issued pursuant to the Offering will be subject to a hold period of four months plus
a day from the date of issuance. Closing of the Offering is subject to certain conditions including,
but not limited to, the receipt of all necessary regulatory and other approvals, including the
approval of the TSX Venture Exchange.
About Leviathan Gold Ltd.
Leviathan Gold Ltd. is a Canadian-based mineral exploration company listed on the TSXV (LVX)
and Germany (0GP).
On behalf of the Company,
Luke Norman, Chief Executive Officer and Director
For further information please visit the Company website www.leviathangold.com or contact:
Adam Ross, Investor Relations,
Direct: (604) 229-9445
Toll Free: 1(833) 923-3334
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release. No securities regulatory authority has either approval or disapproved of the contents
of this press release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities ha ve not been and will not be registered under the
United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities
laws and may not be offered or sold within th e United States unless re gistered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is
available.
Forward-Looking Statements
Information set forth in this news release contai ns forward-looking statements that are based on
assumptions as of the date of this news releas e, including statements re garding the Offering and
the use of proceeds. These statements reflect management's current estimates, beliefs, intentions
and expectations. They are not guarantees of futu re performance. Leviathan cautions that all
forward looking statements are inherently uncertain and that actual performance may be affected
by many material factors, many of which are beyond Leviathan’s co ntrol. Such factors include,
among other things: risks and uncertainties relating to whether exploration activities will result in
commercially viable quantities of mineralized mate rials; the possibility of changes to project
parameters as plans conti nue to be refined; the ability to ex ecute planned exploration and future
drilling programs; COVID-19; the ability to obtain qualified workers, financing, permits,
approvals, and equipment in a timely manner or at all and on reasonable terms; changes in the
commodity and securities mark ets; non-performance by contractua l counterparties; and general
business and economic conditions, Accordingly, act ual and future events, conditions and results
may differ materially from the estimates, beliefs, intentions and expectations expressed or implied
in the forward-looking information. Although Leviathan has attempted to identify important risks
and factors that could cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors and risks that cause actions,
events or results not to be as anticipated, es timated or intended. Consequently, undue reliance
should not be placed on such forward-looking statements. In addition, all forward-looking
statements in this press release are given as of the date hereof. Leviathan disclaims any intention
or obligation to update or revi se any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be required by applicable
securities laws. The forward-looking statements contained herein are expressly qualified by this
disclaimer.