What's Happening?
Leviathan Gold's proposed acquisition of Cura Exploration Botswana has been approved by the target's shareholders. The company has signed the amalgamation agreement and submitted documentation to the TSX Venture Exchange for review and conditional approval.
Leviathan Gold plans to change its name to Leviathan Metals Corp to better reflect its activities. The acquisition is part of Leviathan's strategy to expand its mineral exploration portfolio.
Why It's Important?
The acquisition of Cura Exploration by Leviathan Gold represents a strategic expansion of the company's mineral exploration activities. By acquiring Cura Exploration, Leviathan aims to enhance its resource base and strengthen its position in the mining industry. The name change to Leviathan Metals Corp reflects the company's focus on diversifying its exploration efforts and aligning its brand with its operational goals.
