Leviathan Metals Announces Closing of $10 Million LIFE Offering

May 20, 2026

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR  FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 20, 2026 (GLOBE NEWSWIRE) -- Leviathan Metals Corp. (TSXV: LVX) (OTCQB: LVXFF) (FSE: 0GP) (“Leviathan” or the “Company”) is pleased to announce that it has closed its previously announced “best efforts” private placement offering (the “Offering”) of common shares of the Company (the “Common Shares”) with Beacon Securities Limited. An aggregate of 15,625,000 Common Shares were issued at a price of $0.64 per Common Share for gross proceeds of $10,000,000.