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Edgemont Gold delays takeover closing to June 29, adds financing round for Laiva Gold's mine project.

Company Fundamentals
12 Jun 2026
Newsfile Corp
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Bullish
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Edgemont Gold Corp. announced a delay in the closing date of its reverse takeover with Laiva Gold Inc. to June 29, 2026, to accommodate an additional non-brokered financing round at $1.50 per share due to strong investor interest. This financing aims to strengthen Laiva Gold's position to advance the Laiva Mine in Finland, which is currently in maintenance and compliant with permit conditions despite an ongoing appeal against environmental permit revocation. Upon completion, Edgemont will consolidate shares, rename to Laiva Gold Inc., and change its stock symbol to SISU. The transaction awaits final approval from the Canadian Securities Exchange, with further details on financing and capitalization to be provided before closing.

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