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Bullboard - Stock Discussion Forum Leviathan Gold Ltd V.LVX

Alternate Symbol(s):  LVXFF

Leviathan Gold Ltd. is focused on exploring for high grade gold deposits within the Stawell and Bendigo Zones of central Victoria, Australia. The Company’s principal properties are the 100% owned Avoca Project, Timor Project and Queens Birthday Project in the State of Victoria, Australia. In addition, the Company intends to investigate and acquire and/or stake in other projects of merit. The... see more

TSXV:LVX - Post Discussion

Leviathan Gold Ltd > Share Consolidation
View:
Post by BSdetector2016 on Oct 18, 2023 10:38am

Share Consolidation

Amazing news everyone! I would suppose that a financing is imminent post-consolidation.

VANCOUVER, BC, Sept. 8, 2023 /CNW/ – Leviathan Gold Ltd. (“Leviathan“, the “Company“) (TSXV: LVX) (Germany: 0GP) announces that the Board of Directors of the Company has authorized the implementation of a consolidation of the Company’s issued and outstanding common shares on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares (the “Consolidation”). Currently, the Company has 99,783,831 common shares issued and outstanding, and upon consolidation, there will be approximately 19,956,766 common shares issued and outstanding.

The Consolidation is subject to TSX Venture Exchange approval. The effective date and further details of the Consolidation will be disclosed in a subsequent news release following receipt of all requisite approvals.

On behalf of the Company,

Luke Norman, Chief Executive Officer and Director
Comment by crenshaw on Nov 21, 2023 6:11pm
In September 2023, Leviathan did a reverse split. While the new Leviathan Gold shares are trading in Canada, the new shares (Symbol LVXFF) are not trading in the USA. Does anyone know why these shares are not trading?   I have emailed the company but have not received any response.
Comment by Goldred on Nov 29, 2023 1:42pm
It's trading under a new symbol in the U.S.: LVXFD.