Montage Gold Corp. is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange to the TSX. The Company anticipates completing the graduation in the coming weeks. Martino De Ciccio, CEO of Montage, commented: "Building on the momentum generated over the last year to progress our strategy of creating a premier African gold producer, we are eager [...]
April 14, 2025 - Montage Gold Corp. is pleased to announce that it has exercised its participation right to maintain its equity interest in Sanu Gold Corp. following Sanu's non-brokered private placement as announced on March 25, 2025 . As a result, Montage has been issued 7,664,294 common shares of Sanu at a price of C$0.28 per share, paid for by way of the issuance of 848,222 common shares of Montage at a deemed price [...]
HIGHLIGHTS: Over 81,000 meters were drilled in 2024, focused on identifying higher grade satellite targets, with the goal of supplementing production from the commencement of operations Results provide significant confidence in achieving the previously published short-term objective of discovering over 1Moz of M&I resources for satellites at a 50% higher grade compared to the Koné deposit Mineralisation was confirmed at [...]
Montage Gold Corp. is pleased to announce the closing of the first tranche of its previously announced strategic investment in African Gold Ltd. . The strategic partnership transaction consists of a share exchange transaction between Montage and African Gold including the issuance to Montage of 92,377,787 fully paid ordinary shares of African Gold at deemed issue price of A$0.07 per African Gold Ordinary Share, and the [...]
HIGHLIGHTS: Montage to obtain up to 19.9% ownership stake in African Gold , through the issuance of up to 2.19 million common shares for deemed aggregate consideration of up to circa C$6.3 million African Gold to appoint Silvia Bottero, EVP Exploration of Montage, as Non-Executive Director and Martino De Ciccio, CEO of Montage, as Strategic Advisor to the Board of Directors African Gold owns several exploration properties [...]
Montage Gold is pleased to announce that rapid construction progress is being achieved at its Koné project in Côte d'Ivoire, where process plant concrete works, including the ahead-of-schedule pouring of Carbon-in-Leach tank foundations, have commenced, marking an important milestone. Since the mid-December 2024 groundbreaking ceremony, construction activities at the Koné project have significantly ramped up, with the [...]
Montage Gold is pleased to report on its 2024 achievements, compared to the previously published milestones for the period, and announce the 2025 targets linked to its executive incentive plan. Ron Hochstein, Chair of the Board of Montage, commented: "On behalf of the Board of Directors and all our stakeholders, I would like to congratulate the management team for the significant success achieved in 2024, culminating in [...]
Montage Gold is pleased to announce the closing of its previously announced strategic partnership with Sanu Gold, obtaining a 19.9% interest in Sanu. The strategic partnership transaction consists of a share exchange transaction between Montage and Sanu consisting of the issuance to Montage of 76,307,155 common shares of Sanu at price of CAD $0.072 per Sanu Common Share, and the issuance to Sanu of 2,337,921 common shares [...]
Montage Gold Corp. is pleased to announce that it has closed and subsequently drawn the US$75 million fully redeemable subordinated gold stream with Zijin Mining Group Co. Ltd. . The Zijin Stream forms part of the US$825 million financing package announced on October 23, 2024. The Zijin Stream proceeds will be allocated toward the construction of Montage's Koné project in Côte d'Ivoire, for which the construction launch [...]
HIGHLIGHTS: A groundbreaking ceremony was held at Koné today with a strong presence from government officials and local communities, demonstrating their support for the project given its significant social and economic benefits First gold production is expected in Q2-2027 as early works are well underway and major construction works are set to commence in the coming weeks EPCM contract was awarded to Lycopodium Minerals [...]
HIGHLIGHTS: Montage to obtain a 19.9% ownership stake in Sanu, through the issuance of 2.3 million basic shares equating to C$5.5 million Lundin Family co-invests to obtain a 10% stake in Sanu, joining AngloGold Ashanti who obtained a 14.0% stake in Sanu in September 2024 Sanu appoints Martino De Ciccio, CEO of Montage, as Non-Executive Chairman Sanu owns three exploration properties located in Guinea's highly prospective [...]
Montage Gold Corp. is pleased to announce that it has repurchased a 1.0% net smelter returns royalty on its Koné project, in Côte d'Ivoire, for a total cash consideration of US$10 million. Martino De Ciccio, CEO of Montage, commented: "Given the strong liquidity sources recently secured, we are pleased to have the strategic and financial flexibility to exercise our right to repurchase a 1.0% royalty on our Koné project [...]
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