Announcement • May 20
Leviathan Metals Corp. announced that it has received CAD 10 million in funding On May 20, 2026, Leviathan Metals Corp. closed the transaction. The Company paid total fees and commissions of CAD 513,482.24 in connection with the offering, and issued 802,557 compensation options, with each compensation option entitling the holder thereof to purchase one additional common share of the Company at a price of CAD 0.64 per common share for a term of 24 months from the closing of the offering. Directors and executive officers of the Company subscribed for a total of 1,036,700 Common Shares for aggregate gross proceeds of $663,488. The participation of insiders in the offering constitutes a “related party transaction”, within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101. The Offering remains subject to the final approval of the TSX Venture Exchange. New Risk • Feb 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.6m free cash flow). Shareholders have been substantially diluted in the past year (242% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (19% average weekly change). Market cap is less than US$100m (CA$62.3m market cap, or US$45.5m). Announcement • Jan 22
Leviathan Metals Corp. Intersects High-Grade Zinc, Lead and Silver Mineralization in Trenching at Foca, Bosnia and Herzegovina Leviathan Metals Corp. announced the receipt of results from its 2025 mechanical trenching program at the Vrela-Kremin trend within the Marevo license area of the company's Foca Project ("Foca", the "Project"), Republika Srpska, Bosnia and Herzegovina. A total of 1298 samples were collected from 2215 meters of such trenches. Trenches were targeted in follow up of a combination of high-grade rock-chip samples previously collected by Leviathan's geological team, gossanous breccia occurrences recorded at surface, and surface zinc-lead anomalism arising from Leviathan's property-wide reconnaissance, and subsequent follow up soil surveys. This surface anomalism is seen to occur repeatedly over a strike length of approximately 2.6 kilometers - the so called Vrela-Kre mineralization - in apparent association with an ENE-trending fault system, the WSW end of which is marked by historic Yugoslav diamond drilling, from which an average mineralized thickness of 15 meters at 13.25% Pb+Zn between three holes completed in 1967 was reported. A plan view of trenching completed by Leviathan at the Vrela- Kremin trend, overlain by results of regional and follow up soil sampling. The Vrela-KreMin trend, and the area are together outlined in red. Key targets at Foca presently include: The Vrela-KREmin trend: records of Yugoslav-era drilling completed in 1967 present an average mineralized thickness of15 meters at a grade of 13.25% Pb +Zn over three diamond drill holes6 at Vrela, without any Ag or Cu assay records. Such factors include, among other things: risks and uncertainties relating to whether exploration activities on the Company's properties will result in commercially viable quantities of mineralized materials; the possibility of changes to project parameters as plans continue to be refined; the ability to execute planned exploration and future drilling programs; the ability to obtain qualified workers, financing, permits, approvals, and equipment in a timely manner or at all and on reasonable terms; and the ability to obtain qualified workers and equipment in a timely manner and on reasonable terms; The Vrela-K Remin trend is expected to be completed. 
