Fosterville South Exploration Ltd. announces that it has received the final approval of the Court in respect of the plan of arrangement pursuant to which the Company will spinout its Avoca and Timor properties to Leviathan Gold Ltd.. Subject to the procedures of the TSXV, the effective date of the Arrangement is scheduled to occur at 9:00 a.m. on November 23, 2020. On the Effective Date of the Arrangement, each existing [...]
Shareholders Overwhelmingly Approve the Plan of Arrangement involving the Spinout of the Avoca and Timor Properties Effective Date of the Arrangement, subject to Final Court Approval, November 23, 2020 Proposal is that for every common share held of Fosterville South Exploration, shareholders in all jurisdictions will receive a common share of Leviathan Gold Corp. All other matters at the annual and general meeting of the [...]
Fosterville South Exploration Ltd. intends to enter into an Arrangement Agreement with Leviathan Gold Ltd. contemplating a plan of arrangement involving Leviathan Gold, the Company and the securityholders of the Company whereby the shares of Leviathan Gold are distributed to the securityholders of the Company. Following the spin-out transaction, Leviathan Gold will explore, advance and develop the highly prospective gold [...]
Fosterville South Exploration Ltd. is pleased to announce that the Board of Directors of the Company has unanimously approved a spin out transaction whereby Fosterville South will distribute the shares of a new company named Leviathan Gold Ltd. to the shareholders of Fosterville South, following which Leviathan will undertake an equity financing to fund the exploration, advancement and development of the Avoca and Timor [...]
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